REGISTERED NUMBER: 08807000 (England and Wales)

BULL & SONS ELECTRICAL SERVICES

TECHNICIANS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

2,585

5,034

CURRENT ASSETS

Debtors

5

226,122

266,603

Cash at bank

-

31,028

226,122

297,631

CREDITORS

Amounts falling due within one year

6

209,218

266,662

NET CURRENT ASSETS

16,904

30,969

TOTAL ASSETS LESS CURRENT LIABILITIES

19,489

36,003

CREDITORS

Amounts falling due after more than one year

7

-

(10,000

)

PROVISIONS FOR LIABILITIES

(491

)

(1,259

)

NET ASSETS

18,998

24,744

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

9

18,897

24,643

SHAREHOLDERS' FUNDS

18,998

24,744

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

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

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:

G J Bull - Director

1.	STATUTORY INFORMATION

Bull & Sons Electrical Services Technicians Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08807000

Registered office:

225a High Street

Arlesey

Bedfordshire

SG15 6SZ

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.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

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.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

Going concern

The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

6,340

21,107

27,447

Additions

-

749

749

At 31 December 2025

6,340

21,856

28,196

DEPRECIATION

At 1 January 2025

3,657

18,756

22,413

Charge for year

1,472

1,726

3,198

At 31 December 2025

5,129

20,482

25,611

NET BOOK VALUE

At 31 December 2025

1,211

1,374

2,585

At 31 December 2024

2,683

2,351

5,034

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

52,401

171,325

Other debtors

173,721

95,278

226,122

266,603

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,394

10,000

Trade creditors

46,310

82,873

Taxation and social security

2,306

13,578

Other creditors

141,208

160,211

209,218

266,662

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

10,000

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

10,000

10,000

Between one and five years

8,333

18,333

18,333

28,333

9.

RESERVES

Retained

earnings

£

At 1 January 2025

24,643

Profit for the year

454

Dividends

(6,200

)

At 31 December 2025

18,897

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,200 (2024 - £6,000) were paid to the directors .

Bull Site Hire Ltd

A company in which Mr G Bull is a director and joint shareholder.

Sales invoices totalling £600 (2024: £600) were invoiced to Bull Site Hire Ltd during the year.

Purchase invoices totalling £52,350 (2024: £39,126) were invoiced from Bull Site Hire Ltd during the year.

Amounts due from related party at the balance sheet date is £54,252 (2024: £42,841).

This loan is unsecured, there is no interest payable and there are no agreed repayment terms.