REGISTERED NUMBER: 05980678 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SALISBURYS GAS & ELECTRICAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr W E Salisbury

SECRETARY:

Mr W E Salisbury

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

05980678 (England and Wales)

ACCOUNTANTS:

Xeinadin

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Tangible assets

4

225,100

253,957

Investments

5

46,495

46,495

271,595

300,452

CURRENT ASSETS

Stocks

145,868

142,754

Debtors

6

10,000

10,000

Cash at bank and in hand

530,587

484,838

686,455

637,592

CREDITORS

Amounts falling due within one year

7

(694,552

)

(701,570

)

NET CURRENT LIABILITIES

(8,097

)

(63,978

)

TOTAL ASSETS LESS CURRENT LIABILITIES

263,498

236,474

PROVISIONS FOR LIABILITIES

(46,014

)

(40,212

)

NET ASSETS

217,484

196,262

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

217,384

196,162

SHAREHOLDERS' FUNDS

217,484

196,262

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 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.

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

The financial statements were approved by the director and authorised for issue on 30 June 2026 and were signed by:

Mr W E Salisbury - Director

1.	STATUTORY INFORMATION

Salisburys Gas & 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.

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 sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and equipment

-

20% on cost

Rental sets

-

40% on cost in year of addition and the balance straight line over three years

Motor vehicles

-

20% reducing balance

Computer equipment

-

straight line over 3 years

Stocks

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

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.

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 are satisfied at the time of approving the financial statements that the company has adequate resources to continue to operate for the foreseeable future and as such, continues to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Rental

property

machinery

sets

£

£

£

COST

At 1 January 2025

69,696

67,039

49,775

Additions

-

9,383

-

At 31 December 2025

69,696

76,422

49,775

DEPRECIATION

At 1 January 2025

22,725

55,709

49,775

Charge for year

1,394

7,629

-

At 31 December 2025

24,119

63,338

49,775

NET BOOK VALUE

At 31 December 2025

45,577

13,084

-

At 31 December 2024

46,971

11,330

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

362,440

25,687

574,637

Additions

13,000

-

22,383

At 31 December 2025

375,440

25,687

597,020

DEPRECIATION

At 1 January 2025

167,414

25,057

320,680

Charge for year

41,606

611

51,240

At 31 December 2025

209,020

25,668

371,920

NET BOOK VALUE

At 31 December 2025

166,420

19

225,100

At 31 December 2024

195,026

630

253,957

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Other investments

46,495

46,495

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

10,000

10,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

48,075

27,812

Amounts owed to group undertakings

589,033

653,291

Tax

22,528

-

Social security and other taxes

3,245

2,420

VAT

27,156

13,482

Accruals and deferred income

4,515

4,565

694,552

701,570

8.	ULTIMATE CONTROLLING PARTY

The controlling party is W E Salisbury & Company Limited.

The address of the registered office of W E Salisbury and Company Limited is TV House, Garstang Road South, Wesham, Kirkham, Lancashire, PR4 3BH.