REGISTERED NUMBER: 05557086 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Krypton Electrical Wholesalers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Patterson

Mrs J Patterson

REGISTERED OFFICE:

51 Queens Road

Whitley Bay

Tyne and Wear

NE26 3AP

REGISTERED NUMBER:

05557086 (England and Wales)

ACCOUNTANTS:

Essell Accountants Limited

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

FIXED ASSETS

Intangible assets

4

16,000

16,000

Tangible assets

5

88,586

77,804

104,586

93,804

CURRENT ASSETS

Stocks

9,655

9,655

Debtors

6

149,718

101,826

Cash at bank and in hand

423,187

341,257

582,560

452,738

CREDITORS

Amounts falling due within one year

7

187,362

152,987

NET CURRENT ASSETS

395,198

299,751

TOTAL ASSETS LESS CURRENT LIABILITIES

499,784

393,555

CREDITORS

Amounts falling due after more than one year

8

35,050

39,735

NET ASSETS

464,734

353,820

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

464,634

353,720

SHAREHOLDERS' FUNDS

464,734

353,820

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by:

K Patterson - Director

1.	STATUTORY INFORMATION

Krypton Electrical Wholesalers Limited 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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Motor vehicles

-

20% on reducing balance

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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

16,000

NET BOOK VALUE

At 31 December 2025

16,000

At 31 December 2024

16,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

80,747

Additions

28,224

At 31 December 2025

108,971

DEPRECIATION

At 1 January 2025

2,943

Charge for year

17,442

At 31 December 2025

20,385

NET BOOK VALUE

At 31 December 2025

88,586

At 31 December 2024

77,804

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

149,718

101,826

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

88,400

85,627

Taxation and social security

92,501

60,899

Other creditors

6,461

6,461

187,362

152,987

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Hire purchase contracts

35,050

39,735