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Company Registration No. 14641125 (Wales)
KPM Electrical Services Ltd Unaudited accounts for the year ended 28 February 2026
KPM Electrical Services Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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KPM Electrical Services Ltd Company Information for the year ended 28 February 2026
Directors
John Stuart King John King
Company Number
14641125 (Wales)
Registered Office
Brennyns Cwtch Capel Isaac Llandeilo Carmarthenshire SA19 7AD Wales
Accountants
DCP Accountancy Limited 45 Dol Y Dderwen Ammanford Carmarthenshire SA18 2GE
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KPM Electrical Services Ltd Statement of financial position as at 28 February 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
22,454
13,710
Current assets
Debtors
20,572
24,159
Cash at bank and in hand
9,967
9,546
30,539
33,705
Creditors: amounts falling due within one year
(1,406)
(6,135)
Net current assets
29,133
27,570
Total assets less current liabilities
51,587
41,280
Creditors: amounts falling due after more than one year
(23,398)
(11,245)
Net assets
28,189
30,035
Capital and reserves
Called up share capital
1
1
Profit and loss account
28,188
30,034
Shareholders' funds
28,189
30,035
For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2026 and were signed on its behalf by
John Stuart King Director Company Registration No. 14641125
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KPM Electrical Services Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
KPM Electrical Services Ltd is a private company, limited by shares, registered in Wales, registration number 14641125. The registered office is Brennyns Cwtch, Capel Isaac, Llandeilo, Carmarthenshire, SA19 7AD, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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KPM Electrical Services Ltd Notes to the Accounts for the year ended 28 February 2026
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 March 2025
21,048
Additions
26,869
Disposals
(19,548)
At 28 February 2026
28,369
Depreciation
At 1 March 2025
7,338
Charge for the year
5,614
On disposals
(7,037)
At 28 February 2026
5,915
Net book value
At 28 February 2026
22,454
At 28 February 2025
13,710
5
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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