REGISTERED NUMBER: 06496883 (England and Wales)

Financial Statements for the Year Ended 28 February 2026

for

Central Electrical Contracts Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P S Jones

REGISTERED OFFICE:

Macrome House

Macrome Road

Wolverhampton

West Midlands

WV6 9HD

REGISTERED NUMBER:

06496883 (England and Wales)

ACCOUNTANTS:

Haines Watts Wolverhampton Limited

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Tangible assets

4

1,871,365

1,816,264

CURRENT ASSETS

Stocks

261,483

257,196

Debtors

5

215,466

470,448

Cash at bank and in hand

193,965

725,544

670,914

1,453,188

CREDITORS

Amounts falling due within one year

6

867,197

1,603,084

NET CURRENT LIABILITIES

(196,283

)

(149,896

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,675,082

1,666,368

CREDITORS

Amounts falling due after more than one year

7

(373,986

)

(560,159

)

PROVISIONS FOR LIABILITIES

(11,616

)

(34,992

)

NET ASSETS

1,289,480

1,071,217

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

1,289,280

1,071,017

SHAREHOLDERS' FUNDS

1,289,480

1,071,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 July 2026 and were signed by:

P S Jones - Director

1.	STATUTORY INFORMATION

Central Electrical Contracts 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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and

assumptions that affect the amounts reported. These estimates and judgements are continually reviewed

and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

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

Tangible fixed assets

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

Improvements to property

-

10% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost and 25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2025 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Motor

Computer

property

property

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

1,679,967

122,350

61,425

19,871

1,883,613

Additions

-

77,741

-

3,399

81,140

At 28 February 2026

1,679,967

200,091

61,425

23,270

1,964,753

DEPRECIATION

At 1 March 2025

-

18,780

32,501

16,068

67,349

Charge for year

-

16,963

7,231

1,845

26,039

At 28 February 2026

-

35,743

39,732

17,913

93,388

NET BOOK VALUE

At 28 February 2026

1,679,967

164,348

21,693

5,357

1,871,365

At 28 February 2025

1,679,967

103,570

28,924

3,803

1,816,264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

200,626

453,808

Other debtors

14,840

16,640

215,466

470,448

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

183,441

239,416

Trade creditors

474,245

1,108,190

Taxation and social security

152,072

220,869

Other creditors

57,439

34,609

867,197

1,603,084

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

373,386

490,559

Other creditors

600

69,600

373,986

560,159

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

47,136

39,211

Between one and five years

76,123

71,344

123,259

110,555

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

556,827

729,975

Bank loans are secured by a fixed and floating charge over the property owned by the company

HP is secured against the asset(s) to which the liability relates

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

200

Ordinary

1

200

200