REGISTERED NUMBER: 06998167 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

SYSTEMS ELECTRIC TESTING LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I O'Shea

SECRETARY:

I O'Shea

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

06998167 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

7,824

9,781

CURRENT ASSETS

Debtors

5

6,989

10,206

Cash at bank

28,358

13,166

35,347

23,372

CREDITORS

Amounts falling due within one year

6

15,260

12,857

NET CURRENT ASSETS

20,087

10,515

TOTAL ASSETS LESS CURRENT LIABILITIES

27,911

20,296

CREDITORS

Amounts falling due after more than one year

7

-

(625

)

PROVISIONS FOR LIABILITIES

8

(1,956

)

(1,858

)

NET ASSETS

25,955

17,813

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

25,953

17,811

SHAREHOLDERS' FUNDS

25,955

17,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 16 July 2026 and were signed by:

I O'Shea - Director

1.	STATUTORY INFORMATION

Systems Electric Testing 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 amounts receivable for portable appliance testing services net of VAT.

Revenue from the sale of services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Tangible fixed assets

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

Plant & machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

Over 3 years

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

820

19,000

607

20,427

DEPRECIATION

At 1 April 2025

767

9,272

607

10,646

Charge for year

11

1,946

-

1,957

At 31 March 2026

778

11,218

607

12,603

NET BOOK VALUE

At 31 March 2026

42

7,782

-

7,824

At 31 March 2025

53

9,728

-

9,781

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

6,537

9,594

Prepayments

452

612

6,989

10,206

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

625

3,750

Tax

9,394

5,582

PAYE

615

-

VAT

3,407

2,297

Directors' current accounts

10

18

Accrued expenses

1,209

1,210

15,260

12,857

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

-

625

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,956

1,858

Deferred

tax

£

Balance at 1 April 2025

1,858

Provided during year

98

Balance at 31 March 2026

1,956

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I O'Shea.