REGISTERED NUMBER: 11624549 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

WARWICKSHIRE ELECTRICAL LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Biggs

M Biggs

REGISTERED OFFICE:

Seven Stars House

1 Wheler Road

Coventry

West Midlands

CV3 4LB

REGISTERED NUMBER:

11624549 (England and Wales)

FIXED ASSETS

Intangible assets

4

9,500

12,500

Tangible assets

5

20,854

28,050

30,354

40,550

CURRENT ASSETS

Stocks

2,500

2,500

Debtors

144,283

34,741

Cash at bank

87,476

198,668

234,259

235,909

CREDITORS

Amounts falling due within one year

94,856

111,095

NET CURRENT ASSETS

139,403

124,814

TOTAL ASSETS LESS CURRENT LIABILITIES

169,757

165,364

CREDITORS

Amounts falling due after more than one year

(1,702

)

(24,114

)

PROVISIONS FOR LIABILITIES

(5,214

)

(7,013

)

NET ASSETS

162,841

134,237

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

162,741

134,137

SHAREHOLDERS' FUNDS

162,841

134,237

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 July 2026 and were signed on its behalf by:

J Biggs - Director

1.	STATUTORY INFORMATION

Warwickshire Electrical 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.

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.

The accounts have been prepared in accordance with applicable accounting standards. The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Over 4 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

30,000

AMORTISATION

At 1 November 2024

17,500

Amortisation for year

3,000

At 31 October 2025

20,500

NET BOOK VALUE

At 31 October 2025

9,500

At 31 October 2024

12,500

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

63,210

DEPRECIATION

At 1 November 2024

35,160

Charge for year

7,196

At 31 October 2025

42,356

NET BOOK VALUE

At 31 October 2025

20,854

At 31 October 2024

28,050

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 November 2024

and 31 October 2025

29,682

DEPRECIATION

At 1 November 2024

10,667

Charge for year

4,754

At 31 October 2025

15,421

NET BOOK VALUE

At 31 October 2025

14,261

At 31 October 2024

19,015

6.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 year

10,000

10,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

879

9,167

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

15,770

18,198

The hire purchase creditor is secured on the asset purchased under the agreement.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

J Biggs

Balance outstanding at start of year

(27,050

)

(29,875

)

Amounts advanced

131,294

33,800

Amounts repaid

(47,726

)

(30,975

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

56,518

(27,050

)

M Biggs

Balance outstanding at start of year

(31,379

)

(30,603

)

Amounts advanced

117,253

27,800

Amounts repaid

(42,316

)

(28,576

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,558

(31,379

)