REGISTERED NUMBER: 00907568 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Harworth Electrical Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Hilton

D A Parker

A J McLoughlin

SECRETARY:

Mrs S Hilton

REGISTERED OFFICE:

Grosvenor Road

Bircotes

Doncaster

South Yorkshire

DN11 8EY

REGISTERED NUMBER:

00907568 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

Chartered Certified Accountants

& Statutory Auditor

2 President Buildings

Sheffield

South Yorkshire

S4 7UQ

FIXED ASSETS

Property, plant and equipment

4

107,765

152,515

Investment property

5

180,000

180,000

287,765

332,515

CURRENT ASSETS

Inventories

10,479

23,630

Debtors

6

220,424

117,862

Cash at bank and in hand

576,701

590,334

807,604

731,826

CREDITORS

Amounts falling due within one year

7

332,479

268,120

NET CURRENT ASSETS

475,125

463,706

TOTAL ASSETS LESS CURRENT LIABILITIES

762,890

796,221

CREDITORS

Amounts falling due after more than one year

8

(57,944

)

(45,668

)

PROVISIONS FOR LIABILITIES

9

(19,540

)

(28,624

)

NET ASSETS

685,406

721,929

CAPITAL AND RESERVES

Called up share capital

560

560

Share premium

41,139

41,139

Capital redemption reserve

2,430

2,430

Fair value reserve

10

15,309

15,309

Retained earnings

625,968

662,491

SHAREHOLDERS' FUNDS

685,406

721,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 23 July 2026 and were signed on its behalf by:

Mrs S Hilton - Director

1.	STATUTORY INFORMATION

Harworth Electrical 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 as modified by the revaluation of certain assets.

Turnover

Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

25% on cost

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Inventories and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

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 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2025 - 11 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 June 2025

56,843

22,514

210,830

6,592

296,779

Disposals

-

-

(77,837

)

-

(77,837

)

At 31 May 2026

56,843

22,514

132,993

6,592

218,942

DEPRECIATION

At 1 June 2025

11,831

22,224

104,501

5,708

144,264

Charge for year

2,046

97

26,598

442

29,183

Eliminated on disposal

-

-

(62,270

)

-

(62,270

)

At 31 May 2026

13,877

22,321

68,829

6,150

111,177

NET BOOK VALUE

At 31 May 2026

42,966

193

64,164

442

107,765

At 31 May 2025

45,012

290

106,329

884

152,515

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 June 2025

210,830

Disposals

(77,837

)

At 31 May 2026

132,993

DEPRECIATION

At 1 June 2025

104,501

Charge for year

26,598

Eliminated on disposal

(62,270

)

At 31 May 2026

68,829

NET BOOK VALUE

At 31 May 2026

64,164

At 31 May 2025

106,329

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

180,000

NET BOOK VALUE

At 31 May 2026

180,000

At 31 May 2025

180,000

Fair value at 31 May 2026 is represented by:

£

Valuation in 2021

180,000

If the investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

159,588

159,588

The investment property was valued on an open market basis on 20 January 2021 by NatWest .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

191,792

113,508

Other debtors

28,632

4,354

220,424

117,862

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

23,293

43,806

Trade creditors

118,556

47,532

Taxation and social security

80,995

60,554

Other creditors

109,635

116,228

332,479

268,120

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

57,944

45,668

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

19,540

28,624

Deferred

tax

£

Balance at 1 June 2025

28,624

Provided during year

(9,084

)

Balance at 31 May 2026

19,540

10.

RESERVES

Fair

value

reserve

£

At 1 June 2025

and 31 May 2026

15,309