REGISTERED NUMBER: 10116299 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

West Midlands Electrician Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C H Taylor

SECRETARY:

Mrs A M Taylor

REGISTERED OFFICE:

77 Birches Road

Codsall

Wolverhampton

West Midlands

WV8 2JJ

REGISTERED NUMBER:

10116299 (England and Wales)

ACCOUNTANTS:

The Accountancy Firm Limited

31 Mill Green

Fordhouses

Wolverhampton

West Midlands

WV10 6LX

FIXED ASSETS

Tangible assets

4

-

2,608

CURRENT ASSETS

Stocks

750

880

Debtors

5

21,118

6,358

Cash at bank

13,796

61,731

35,664

68,969

CREDITORS

Amounts falling due within one year

6

29,752

46,625

NET CURRENT ASSETS

5,912

22,344

TOTAL ASSETS LESS CURRENT LIABILITIES

5,912

24,952

CREDITORS

Amounts falling due after more than one year

7

-

500

NET ASSETS

5,912

24,452

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5,812

24,352

SHAREHOLDERS' FUNDS

5,912

24,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 24 July 2026 and were signed by:

C H Taylor - Director

1.	STATUTORY INFORMATION

West Midlands Electrician 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Where applicable, turnover 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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

-

15% on cost

Motor vehicles

-

20% on cost

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 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 May 2025

14,566

12,983

27,549

Disposals

-

(12,983

)

(12,983

)

At 30 April 2026

14,566

-

14,566

DEPRECIATION

At 1 May 2025

14,566

10,375

24,941

Eliminated on disposal

-

(10,375

)

(10,375

)

At 30 April 2026

14,566

-

14,566

NET BOOK VALUE

At 30 April 2026

-

-

-

At 30 April 2025

-

2,608

2,608

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

20,796

5,939

Tax

322

419

21,118

6,358

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

-

6,000

Trade creditors

3,153

1,952

Tax

7,431

15,636

VAT

8,966

13,508

Credit card

3,214

4,864

Directors' loan accounts

539

654

Accrued expenses

6,449

4,011

29,752

46,625

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans - 1-2 years

-

500

8.	OTHER FINANCIAL COMMITMENTS

Total financial commitments at the balance sheet date amount to £14,156 (2025: £23,888)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is C H Taylor.

The ultimate controlling party is C H Taylor.