Company registration number 08850438 (England and Wales)
W & D ELECTRICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
PAGES FOR FILING WITH REGISTRAR
W & D ELECTRICAL LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
W & D ELECTRICAL LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2026
31 January 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
4
6,725
8,967
Current assets
Stocks
782
759
Debtors
5
29,178
15,393
Cash at bank and in hand
30,448
51,706
60,408
67,858
Creditors: amounts falling due within one year
6
(38,317)
(44,939)
Net current assets
22,091
22,919
Total assets less current liabilities
28,816
31,886
Creditors: amounts falling due after more than one year
7
(4,821)
(7,003)
Provisions for liabilities
(1,682)
(2,242)
Net assets
22,313
22,641
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
22,213
22,541
Total equity
22,313
22,641
W & D ELECTRICAL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2026
31 January 2026
- 2 -

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 August 2026 and are signed on its behalf by:
Mr W York
Mr DJ Lever
Director
Director
Company registration number 08850438 (England and Wales)
W & D ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026
- 3 -
1
Accounting policies
Company information

W & D Electrical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22 Friars Street, Sudbury, Suffolk, CO10 2AA.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Revenue

Revenue comprises of services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected discounts. Revenue is recognised when performance obligations are satisfied and the services are transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is ten years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

W & D ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 4 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment
25% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Stocks

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

W & D ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
1
Accounting policies
(Continued)
- 5 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
2
2
W & D ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 6 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2025 and 31 January 2026
20,000
Amortisation and impairment
At 1 February 2025 and 31 January 2026
20,000
Carrying amount
At 31 January 2026
-
0
At 31 January 2025
-
0
4
Tangible fixed assets
Office equipment
Motor vehicles
Total
£
£
£
Cost
At 1 February 2025 and 31 January 2026
3,260
14,500
17,760
Depreciation and impairment
At 1 February 2025
2,449
6,344
8,793
Depreciation charged in the year
203
2,039
2,242
At 31 January 2026
2,652
8,383
11,035
Carrying amount
At 31 January 2026
608
6,117
6,725
At 31 January 2025
811
8,156
8,967
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
27,906
14,606
Other debtors
1,272
787
29,178
15,393
W & D ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2026
- 7 -
6
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
2,400
2,400
Trade creditors
586
536
Taxation and social security
32,889
36,068
Other creditors
2,442
5,935
38,317
44,939
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
4,821
7,003
8
Directors' transactions

The directors consider that there are no transactions to disclose.

2026-01-31 2025-02-01 false false false 10 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr W York Mr D J Lever 08850438 2025-02-01 2026-01-31 08850438 2026-01-31 08850438 2025-01-31 08850438 core:WithinOneYear 2026-01-31 08850438 core:WithinOneYear 2025-01-31 08850438 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 08850438 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 08850438 core:Non-currentFinancialInstruments core:AfterOneYear 2026-01-31 08850438 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 08850438 core:ShareCapital 2026-01-31 08850438 core:ShareCapital 2025-01-31 08850438 core:RetainedEarningsAccumulatedLosses 2026-01-31 08850438 core:RetainedEarningsAccumulatedLosses 2025-01-31 08850438 bus:Director1 2025-02-01 2026-01-31 08850438 bus:Director2 2025-02-01 2026-01-31 08850438 core:Goodwill 2025-02-01 2026-01-31 08850438 core:ComputerEquipment 2025-02-01 2026-01-31 08850438 core:MotorVehicles 2025-02-01 2026-01-31 08850438 2024-02-01 2025-01-31 08850438 core:NetGoodwill 2025-01-31 08850438 core:NetGoodwill 2026-01-31 08850438 core:NetGoodwill 2025-01-31 08850438 core:ComputerEquipment 2025-01-31 08850438 core:MotorVehicles 2025-01-31 08850438 2025-01-31 08850438 core:ComputerEquipment 2026-01-31 08850438 core:MotorVehicles 2026-01-31 08850438 core:ComputerEquipment 2025-01-31 08850438 core:MotorVehicles 2025-01-31 08850438 core:CurrentFinancialInstruments 2026-01-31 08850438 core:CurrentFinancialInstruments 2025-01-31 08850438 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 08850438 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 08850438 bus:FRS102 2025-02-01 2026-01-31 08850438 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 08850438 bus:FullAccounts 2025-02-01 2026-01-31 xbrli:pure xbrli:shares iso4217:GBP