REGISTERED NUMBER: 12449552 (England and Wales)

Financial Statements for the Period 1 March 2025 to 31 March 2026

for

The Electrical Site Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R J Welch

Ms A Welch

REGISTERED OFFICE:

Unit 35 Woodside Industrial Estate

Woodside

Thornwood

Epping

Essex

CM16 6LJ

REGISTERED NUMBER:

12449552 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Intangible assets

4

12,000

16,000

Tangible assets

5

100,260

161,634

112,260

177,634

CURRENT ASSETS

Stocks

40,524

11,965

Debtors

6

803,094

814,850

Cash at bank and in hand

91,589

41,875

935,207

868,690

CREDITORS

Amounts falling due within one year

7

923,774

859,128

NET CURRENT ASSETS

11,433

9,562

TOTAL ASSETS LESS CURRENT LIABILITIES

123,693

187,196

CREDITORS

Amounts falling due after more than one year

8

23,078

112,089

NET ASSETS

100,615

75,107

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

100,613

75,105

100,615

75,107

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 17 August 2026 and were signed on its behalf by:

Mr R J Welch - Director

1.	STATUTORY INFORMATION

The Electrical Site Ltd 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 period 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

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.

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 period was 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 March 2025

and 31 March 2026

20,000

AMORTISATION

At 1 March 2025

4,000

Amortisation for period

4,000

At 31 March 2026

8,000

NET BOOK VALUE

At 31 March 2026

12,000

At 28 February 2025

16,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

16,710

17,592

212,927

15,312

262,541

Additions

-

8,153

27,500

5,097

40,750

Disposals

-

-

(107,616

)

-

(107,616

)

At 31 March 2026

16,710

25,745

132,811

20,409

195,675

DEPRECIATION

At 1 March 2025

7,987

4,800

81,031

7,089

100,907

Charge for period

1,309

3,142

21,685

3,330

29,466

Eliminated on disposal

-

-

(34,958

)

-

(34,958

)

At 31 March 2026

9,296

7,942

67,758

10,419

95,415

NET BOOK VALUE

At 31 March 2026

7,414

17,803

65,053

9,990

100,260

At 28 February 2025

8,723

12,792

131,896

8,223

161,634

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

Motor

vehicles

£

COST

At 1 March 2025

212,927

Additions

27,500

Disposals

(107,616

)

At 31 March 2026

132,811

DEPRECIATION

At 1 March 2025

81,031

Charge for period

21,685

Eliminated on disposal

(34,958

)

At 31 March 2026

67,758

NET BOOK VALUE

At 31 March 2026

65,053

At 28 February 2025

131,896

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

28.2.25

£

£

Trade debtors

782,983

677,032

Other debtors

20,111

137,818

803,094

814,850

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

28.2.25

£

£

Bank loans and overdrafts

10

800

Hire purchase contracts

71,300

46,160

Trade creditors

197,940

287,554

Taxation and social security

94,157

108,140

Other creditors

560,367

416,474

923,774

859,128

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

28.2.25

£

£

Bank loans

-

400

Hire purchase contracts

23,078

111,689

23,078

112,089

9.	SECURED DEBTS

The company has a secured debt facility, under which both fixed and floating charges have been granted. The debt is subject to standard covenants and compliance requirements as agreed with the lender.

10.	RELATED PARTY DISCLOSURES

The directors Mr R Welch and Mrs A Welch are considered to be the key management personnel.