REGISTERED NUMBER: SC762954 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

R Wilson and Son Electrical Limited

Page

Balance Sheet

1

FIXED ASSETS

28,628

46,160

CURRENT ASSETS

88,940

72,584

CREDITORS

Amounts falling due within one year

(87,659

)

(71,163

)

NET CURRENT ASSETS

1,281

1,421

TOTAL ASSETS LESS CURRENT LIABILITIES

29,909

47,581

CREDITORS

Amounts falling due after more than one year

(8,150

)

(11,306

)

ACCRUALS AND DEFERRED INCOME

(1,784

)

(2,747

)

NET ASSETS

19,975

33,528

CAPITAL AND RESERVES

19,975

33,528

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

R Wilson and Son Electrical Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC762954

Registered office:

15 Roberts Grove

Galashiels

Borders

TD1 2BJ

2.	TRANSITION TO FROM FRS 102A TO FRS 105

The directors have elected to adopt micro-entity provisions under FRS105. The accounts were previously prepared under small company provisions (FRS102A).

Reconciliation of shareholders' funds:

£

As at 31 March 2025 under FRS 102A

24,658

Revised position at 31 March 2025 under FRS 105

8,770

Revised income statement for the year ended 31 March 2025

33,428

£

Retained loss for the year ended 31 March 2026 under FRS 102A

(224

)

Adjustment in relation to deferred tax movement for the year

8,770

Retained profit for the year ended 31 March 2026 under FRS 105

8,546

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2025 - 4 ) .

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

as

restated

£

£

M Wilson

Balance outstanding at start of year

38,471

24,993

Amounts advanced

29,599

40,998

Amounts repaid

(50,250

)

(27,520

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,820

38,471

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 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

M Wilson - Director