REGISTERED NUMBER: 08136136 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KEITH FRANCE ELECTRICAL CONTRACTOR

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P M France

Mrs H J Prentice

REGISTERED OFFICE:

Unit 1, France Industrial Complex

Vivars Way

Selby

North Yorkshire

YO8 8BE

REGISTERED NUMBER:

08136136 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

Yorkshire

YO30 5PA

FIXED ASSETS

Intangible assets

4

87,500

100,000

Tangible assets

5

121,849

156,201

209,349

256,201

CURRENT ASSETS

Stocks

12,401

26,938

Debtors

6

154,895

173,383

Cash at bank

132,277

104,893

299,573

305,214

CREDITORS

Amounts falling due within one year

7

183,642

185,606

NET CURRENT ASSETS

115,931

119,608

TOTAL ASSETS LESS CURRENT LIABILITIES

325,280

375,809

CREDITORS

Amounts falling due after more than one year

8

(9,628

)

(21,993

)

PROVISIONS FOR LIABILITIES

(20,302

)

(25,969

)

NET ASSETS

295,350

327,847

CAPITAL AND RESERVES

Called up share capital

1,222

1,000

Retained earnings

294,128

326,847

SHAREHOLDERS' FUNDS

295,350

327,847

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2026 and were signed on its behalf by:

Mr P M France - Director

Mrs H J Prentice - Director

1.	STATUTORY INFORMATION

Keith France Electrical Contractor 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets required. It is initially recognised as an asset at cost and subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 20 years.

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

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% Reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 Income Statement, 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

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

250,000

AMORTISATION

At 1 January 2025

150,000

Amortisation for year

12,500

At 31 December 2025

162,500

NET BOOK VALUE

At 31 December 2025

87,500

At 31 December 2024

100,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

7,652

20,813

50,740

238,419

317,624

Additions

-

-

1,843

-

1,843

Disposals

-

-

(11,075

)

-

(11,075

)

At 31 December 2025

7,652

20,813

41,508

238,419

308,392

DEPRECIATION

At 1 January 2025

3,586

8,465

20,536

128,836

161,423

Charge for year

407

1,254

2,664

27,395

31,720

Eliminated on disposal

-

-

(6,600

)

-

(6,600

)

At 31 December 2025

3,993

9,719

16,600

156,231

186,543

NET BOOK VALUE

At 31 December 2025

3,659

11,094

24,908

82,188

121,849

At 31 December 2024

4,066

12,348

30,204

109,583

156,201

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,912

151,358

Amounts owed by group undertakings

2,443

1,925

Other debtors

96,540

20,100

154,895

173,383

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

398

Trade creditors

40,453

35,545

Taxation and social security

48,701

51,118

Other creditors

94,488

98,545

183,642

185,606

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

9,628

21,993

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

Mr P M France

Balance outstanding at start of year

(4,334

)

(12,879

)

Amounts advanced

100,404

97,845

Amounts repaid

(60,000

)

(89,300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

36,070

(4,334

)

Mrs H J Prentice

Balance outstanding at start of year

(76

)

(77

)

Amounts advanced

96,287

66,806

Amounts repaid

(67,146

)

(66,805

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

29,065

(76

)

10.	GROWTH SHARES

During the year, the company increased its share capital by issuing a total of 222 Ordinary G shares. As part of this issue, 37 Ordinary G shares were allocated to six employees.