REGISTERED NUMBER: 09766941 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

McCarthy Electrical Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J McCarthy

REGISTERED OFFICE:

4 Longwalk

First Floor

Stockley Park

Uxbridge

Middlesex

UB11 1FE

REGISTERED NUMBER:

09766941 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,731

2,293

CURRENT ASSETS

Stocks

7,980

4,423

Debtors

20,207

16,837

Cash at bank and in hand

185

14,629

28,372

35,889

CREDITORS

Amounts falling due within one year

37,145

33,877

NET CURRENT (LIABILITIES)/ASSETS

(8,773

)

2,012

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,042

)

4,305

CREDITORS

Amounts falling due after more than one year

(26,667

)

(39,006

)

PROVISIONS FOR LIABILITIES

(329

)

(445

)

NET LIABILITIES

(34,038

)

(35,146

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(34,039

)

(35,147

)

SHAREHOLDERS' FUNDS

(34,038

)

(35,146

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2026 and were signed by:

J McCarthy - Director

1.	STATUTORY INFORMATION

McCarthy Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents work done, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2024

6,741

Additions

83

Disposals

(215

)

At 30 September 2025

6,609

DEPRECIATION

At 1 October 2024

4,448

Charge for year

577

Eliminated on disposal

(147

)

At 30 September 2025

4,878

NET BOOK VALUE

At 30 September 2025

1,731

At 30 September 2024

2,293

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30.9.25

30.9.24

£

£

J McCarthy

Balance outstanding at start of year

8,394

-

Amounts advanced

7,592

8,394

Amounts repaid

(8,394

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,592

8,394