Reader Electrical Engineering Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04644809 (England and Wales)

Reader Electrical Engineering Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2026

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

Notes to the financial statements

5

Director:

Mr J Reader

Registered office:

Sunrise

Back Road

Murrow

Wisbech

Cambridgeshire

PE13 4JW

Registered number:

04644809 (England and Wales)

Accountants:

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Director's report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Reader Electrical Engineering Ltd for the year ended 31 January 2026 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Reader Electrical Engineering Ltd in accordance with the terms of our engagement letter dated 23 July 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Reader Electrical Engineering Ltd and state those matters that we have agreed to state to the director of Reader Electrical Engineering Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Reader Electrical Engineering Ltd and its director for our work or for this report.

It is your duty to ensure that Reader Electrical Engineering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Reader Electrical Engineering Ltd. You consider that Reader Electrical Engineering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Reader Electrical Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

Monica House

St Augustines Road

Wisbech

Cambridgeshire

PE13 3AD

23 July 2026

Fixed assets

Tangible assets

5

17,499

21,656

Current assets

Stocks

3,500

3,000

Debtors

6

10,405

26,082

Cash at bank and in hand

19,243

4,609

33,148

33,691

Creditors

Amounts falling due within one year

7

28,048

27,418

Net current assets

5,100

6,273

Total assets less current liabilities

22,599

27,929

Creditors

Amounts falling due after more than one
year

8

-

(3,033

)

Provisions for liabilities

(3,325

)

(4,114

)

Net assets

19,274

20,782

Capital and reserves

Called up share capital

100

Retained earnings

19,174

20,682

19,274

20,782

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 23 July 2026 and were signed by:

Mr J Reader - Director

1.	Statutory information

Reader Electrical Engineering 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	Employees and directors

The average number of employees during the year was 3 (2025 - 5 ) .

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

Cost

At 1 February 2025

46,158

344

9,000

1,591

57,093

Additions

792

-

792

Disposals

(1,500

)

-

(1,500

)

At 31 January 2026

45,450

344

9,000

1,591

56,385

Depreciation

At 1 February 2025

29,511

337

4,045

1,544

35,437

Charge for year

3,343

2

1,239

10

4,594

Eliminated on disposal

(1,145

)

-

(1,145

)

At 31 January 2026

31,709

339

5,284

1,554

38,886

Net book value

At 31 January 2026

13,741

5

3,716

37

17,499

At 31 January 2025

16,647

7

4,955

47

21,656

6.

Debtors: amounts falling due within one year

2026

2025

£

Trade debtors

8,936

25,145

Prepayments

1,469

937

10,405

26,082

7.

Creditors: amounts falling due within one year

2026

2025

£

Bank loans and overdrafts

3,033

5,200

Trade creditors

13,670

9,984

Other loan account

500

-

Tax

1,023

1,427

Social security and other taxes

1,409

1,156

VAT

3,217

4,514

Directors' loan accounts

2,533

1,874

Accrued expenses

2,663

3,263

28,048

27,418

8.

Creditors: amounts falling due after more than one year

2026

2025

£

Bank loans - 1-2 years

-

3,033