JHE Electrical Contractors Limited

JHE Electrical Contractors Limited
Registered number:		04944876
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		30,000			30,000
Tangible assets	4		38,907			21,707
			68,907			51,707

Current assets
Stocks		2,000			2,000
Debtors	5	67,353			62,958
Cash at bank and in hand		130,152			111,677
		199,505			176,635

Creditors: amounts falling due within one year	6	(96,622)			(114,057)

Net current assets			102,883			62,578

Total assets less current liabilities			171,790			114,285

Creditors: amounts falling due after more than one year	7		(9,542)			(15,467)



Net assets			162,248			98,818

Capital and reserves
Called up share capital			100			100
Profit and loss account			162,148			98,718

Shareholders' funds			162,248			98,818

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


J Howard
Director
Approved by the board on 23 June 2026

JHE Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	25% declining balance - Additions from 2021 - 25% SL
	Motor Vehicles	25% declining balance - Additions from 2021 - 25% SL

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.




	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				4		4


3	Intangible fixed assets						£
	Goodwill:

	Cost
	At 1 November 2024						30,000
	At 31 October 2025						30,000

	Amortisation
	At 31 October 2025						-

	Net book value
	At 31 October 2025						30,000
	At 31 October 2024						30,000

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
			Plant and machinery etc		Motor vehicles		Total
£				£		£
	Cost
	At 1 November 2024		32,674		34,368		67,042
	Additions		-		37,492		37,492
	Disposals		(8,333)		-		(8,333)
	At 31 October 2025		24,341		71,860		96,201

	Depreciation
	At 1 November 2024		25,535		19,800		45,335
	Charge for the year		1,226		15,046		16,272
	On disposals		(4,313)		-		(4,313)
	At 31 October 2025		22,448		34,846		57,294

	Net book value
	At 31 October 2025		1,893		37,014		38,907
	At 31 October 2024		7,139		14,568		21,707

	Note: Tangible Assets: The depreciation method for the tangible fixed assets was changed from 25% declining balance method to 25% straight line method for any new additions from 2021 going forward. The reason for this change is to keep more accurately to the accounting software calculations and to end very small depreciation charges towards the end of the period.


5	Debtors				2025		2024
£						£

	Trade debtors				62,789		57,311
	Other debtors				4,564		5,647
					67,353		62,958


6	Creditors: amounts falling due within one year				2025		2024
£						£

	Bank loans and overdrafts				9,934		9,934
	Obligations under finance lease and hire purchase contracts				3,037		-
	Trade creditors				4,530		6,270
	Corporation tax				40,625		41,002
	Other taxes and social security costs				36,013		53,804
	Other creditors				2,483		3,047
					96,622		114,057


7	Creditors: amounts falling due after one year				2025		2024
£						£

	Bank loans				5,998		15,467
	Obligations under finance lease and hire purchase contracts				3,544		-
					9,542		15,467


8	Other information

	JHE Electrical Contractors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4a Highfields Business Park
	Old North Road, Bassingbourn
	Royston
	Hertfordshire
	SG8 5JT