Sparkes Electrical Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 11001433

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,987		11,484

			6,987		11,484
CURRENT ASSETS
Stocks	5	22,243		20,003
Debtors	6	45,392		39,606
Cash at bank and in hand		36,785		26,026

		104,420		85,635
Creditors: Amounts Falling Due Within One Year	7	(15,481 )		(21,788 )

NET CURRENT ASSETS (LIABILITIES)			88,939		63,847

TOTAL ASSETS LESS CURRENT LIABILITIES			95,926		75,331

Creditors: Amounts Falling Due After More Than One Year	8		-		(1,935 )

NET ASSETS			95,926		73,396

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			95,826		73,296

SHAREHOLDERS' FUNDS			95,926		73,396

Page 1

Page 2

Sparkes Electrical Ltd

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Shaun Sparkes

Director

17th July 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Sparkes Electrical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11001433 . The registered office is 2 Station Road, Brundall, Norwich, Norfolk, NR13 5LA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	4	3

	4	3

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Sparkes Electrical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	8,562	22,251	3,059	2,197	36,069
Additions	627	-	-	859	1,486
Disposals	-	(6,500 )	-	-	(6,500 )

As at 31 October 2025	9,189	15,751	3,059	3,056	31,055

Depreciation
As at 1 November 2024	6,094	14,747	2,237	1,507	24,585
Provided during the period	773	962	205	387	2,327
Disposals	-	(2,844 )	-	-	(2,844 )

As at 31 October 2025	6,867	12,865	2,442	1,894	24,068

Net Book Value
As at 31 October 2025	2,322	2,886	617	1,162	6,987

As at 1 November 2024	2,468	7,504	822	690	11,484

5. Stocks

	2025	2024
	£	£
Materials	7,000	7,000
Work in progress	15,243	13,003

	22,243	20,003

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,066	2,137
Prepayments and accrued income	485	940
Other debtors	1,594	1,893
Director's loan account	22,424	16,091

	25,569	21,061

...CONTINUED

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Sparkes Electrical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Due after more than one year
Other debtors	14,393	14,743
Corporation tax recoverable assets	5,430	3,802

	19,823	18,545

	45,392	39,606

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,222	11,776
Bank loans and overdrafts	2,188	3,750
Corporation tax	6,071	6,262

	15,481	21,788

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	1,935

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Shaun Sparkes	16,092	19,008	12,676	-	22,424

The above loan is unsecured, interest free and repayable on demand.

Dividends paid to directors

	2025	2024
	£	£
Mr Shaun Sparkes	-	2,000

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Sparkes Electrical Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.