Company Registration No. 14730554 (England and Wales)
Lux Electrical Devon Ltd
Unaudited accounts
for the year ended 31 March 2026
Lux Electrical Devon Ltd
Unaudited accounts
Contents
Lux Electrical Devon Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
50,401
35,451
Cash at bank and in hand
24,039
101,304
Creditors: amounts falling due within one year
(72,385)
(143,223)
Net current liabilities
(3,206)
(5,406)
Total assets less current liabilities
47,195
30,045
Provisions for liabilities
Deferred tax
(8,404)
(5,677)
Called up share capital
1
1
Profit and loss account
38,790
24,367
Shareholders' funds
38,791
24,368
For the year ending 31 March 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 12 June 2026 and were signed on its behalf by
Leigh Lawson
Director
Company Registration No. 14730554
Lux Electrical Devon Ltd
Notes to the Accounts
for the year ended 31 March 2026
Lux Electrical Devon Ltd is a private company, limited by shares, registered in England and Wales, registration number 14730554. The registered office is Glendalough, Pilton West, Barnstaple, Devon, EX31 4JQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
5 Years Straight Line
Motor vehicles
25% Reducing Balance
Computer equipment
3 Years Straight Line
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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.
Lux Electrical Devon Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2025
9,584
45,322
1,729
56,635
Additions
-
30,500
2,396
32,896
At 31 March 2026
9,584
75,822
4,125
89,531
At 1 April 2025
3,048
17,258
878
21,184
Charge for the year
1,928
14,644
1,374
17,946
At 31 March 2026
4,976
31,902
2,252
39,130
At 31 March 2026
4,608
43,920
1,873
50,401
At 31 March 2025
6,536
28,064
851
35,451
Amounts falling due within one year
Trade debtors
27,355
31,641
Accrued income and prepayments
12,785
1,668
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
13,577
18,134
Taxes and social security
12,925
17,670
Other creditors
6,601
10,283
Loans from directors
27,319
61,623
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Lux Electrical Devon Ltd
Notes to the Accounts
for the year ended 31 March 2026
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).