REGISTERED NUMBER: 07825336 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BST ELECTRICAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Fahey

D J Fahey

J D P Fahey

M M P Fahey

P G Fahey

Ms M T Emmison

SECRETARY:

D A Fahey

REGISTERED OFFICE:

79 Promenade

Cheltenham

Gloucestershire

GL50 1PJ

REGISTERED NUMBER:

07825336 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

7,743

10,825

7,743

10,825

CURRENT ASSETS

Debtors

6

1,787,993

1,832,832

Cash at bank

665,711

987,529

2,453,704

2,820,361

CREDITORS

Amounts falling due within one year

7

1,168,770

1,354,776

NET CURRENT ASSETS

1,284,934

1,465,585

TOTAL ASSETS LESS CURRENT LIABILITIES

1,292,677

1,476,410

CREDITORS

Amounts falling due after more than one year

8

(98,652

)

(285,846

)

PROVISIONS FOR LIABILITIES

(1,936

)

(2,706

)

NET ASSETS

1,192,089

1,187,858

CAPITAL AND RESERVES

Called up share capital

12

12

Share premium

125,000

125,000

Capital redemption reserve

85,005

85,005

Retained earnings

982,072

977,841

SHAREHOLDERS' FUNDS

1,192,089

1,187,858

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

D A Fahey - Director

D J Fahey - Director

P G Fahey - Director

J D P Fahey - Director

M M P Fahey - Director

Ms M T Emmison - Director

1.	STATUTORY INFORMATION

BST Electrical Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net invoiced sales of goods and services, excluding VAT. Turnover also includes amounts recoverable under contract in so far as that income relates to work carried out in the year and includes the appropriate amount of retentions relevant to work done at the Balance Sheet date.

Revenue is recognised upon completion of contracts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

50% on cost and 25% on cost

Computer equipment

-

33% on cost

Financial instruments

Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

The directors have considered the risks and issues concerning the company and it's activities and no material uncertainties that may cast significant doubt about the company's ability of the company to continue as a going concern have been identified by the directors.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

15,000

AMORTISATION

At 1 October 2024

and 30 September 2025

15,000

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 October 2024

77,781

39,688

117,469

Additions

1,317

3,986

5,303

At 30 September 2025

79,098

43,674

122,772

DEPRECIATION

At 1 October 2024

72,449

34,195

106,644

Charge for year

3,878

4,507

8,385

At 30 September 2025

76,327

38,702

115,029

NET BOOK VALUE

At 30 September 2025

2,771

4,972

7,743

At 30 September 2024

5,332

5,493

10,825

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,457,792

1,357,927

Amounts owed by group undertakings

238,710

23,391

Amounts recoverable on contract

-

357,767

Other debtors

-

10,111

VAT

58,389

49,849

Prepayments & Accrued Income

33,102

33,787

1,787,993

1,832,832

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

58,550

101,308

Trade creditors

821,757

900,462

Corporation Tax

125,747

204,735

Social security and other taxes

32,957

3,326

CIS due to HMRC

106,492

130,844

Pension control

10,981

901

Other creditor

1,197

2,111

Accrued expenses

11,089

11,089

1,168,770

1,354,776

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

61,550

103,028

Bank loans - 2-5 years

37,102

182,818

98,652

285,846

9.	RELATED PARTY DISCLOSURES

On 1st March 2021, the shares in the company were acquired by BST Electrical Holdings Limited such that BST Electrical Limited is now a fully owned subsidiary of the company. The parent company's registered address is 79 Promenade, Cheltenham, Gloucestershire, GL50 1PJ.

BST Holdings Ltd owe the company £238,710 at the year end (2024: £23,391).