Choice Electrical Ltd

Choice Electrical Ltd
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Choice Electrical Ltd Accountants' Report For the year ended 31 March 2026
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Choice Electrical Ltd for the year ended 31 March 2026 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Choice Electrical Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com. This report is made solely to the Board of Directors of Choice Electrical Ltd , as a body, in accordance with the terms of our engagement letter dated 13 August 2026. Our work has been undertaken solely to prepare for your approval the accounts of Choice Electrical Ltd and state those matters that we have agreed to state to the Board of Directors of Choice Electrical Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Choice Electrical Ltd and its Board of Directors as a body for our work or for this report It is your duty to ensure that Choice Electrical Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Choice Electrical Ltd. You consider that Choice Electrical Ltd is exempt from the statutory audit requirement for the year We have not been instructed to carry out an audit or a review of the accounts of Choice Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... Rivington Accounts Ltd Bank House 6-8 Church Street Adlington Lancashire PR7 4EX 13 August 2026 1

Choice Electrical Ltd
Accountants' Report
For the year ended 31 March 2026

Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts Choice Electrical Ltd for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Choice Electrical Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the Board of Directors of Choice Electrical Ltd , as a body, in accordance with the terms of our engagement letter dated 13 August 2026. Our work has been undertaken solely to prepare for your approval the accounts of Choice Electrical Ltd and state those matters that we have agreed to state to the Board of Directors of Choice Electrical Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Choice Electrical Ltd and its Board of Directors as a body for our work or for this report
It is your duty to ensure that Choice Electrical Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit Choice Electrical Ltd. You consider that Choice Electrical Ltd is exempt from the statutory audit requirement for the year
We have not been instructed to carry out an audit or a review of the accounts of Choice Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................
Rivington Accounts Ltd
Bank House
6-8 Church Street
Adlington
Lancashire
PR7 4EX
13 August 2026

1

Choice Electrical Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	358,981	246,056
		358,981	246,056
Current assets
Stocks		20,000	20,000
Debtors		886,580	935,737
Cash at bank and in hand		63,412	122,797
		969,992	1,078,534
Creditors: amount falling due within one year		(775,630)	(934,300)
Net current assets		194,362	144,234

Total assets less current liabilities		553,343	390,290
Creditors: amount falling due after more than one year		(257,193)	(54,931)
Provisions for liabilities		(1,270)	(1,671)
Net assets		294,880	333,688

Capital and reserves
Called up share capital	4	2	2
Profit and loss account		294,878	333,686
Shareholders' funds		294,880	333,688

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 13 August 2026 and were signed by:

-------------------------------
Simon Almond
Director

2

Choice Electrical Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Choice Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 06136755, registration address Unit 4 Gladstone Court, Farnworth, Bolton, Greater Manchester, BL4 7EU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20 Reducing Balance
Motor Vehicles	20 Reducing Balance
Fixtures and Fittings	20 Reducing Balance
Computer Equipment	20 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 26 (2025 : 23).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2025	2,685	518,433	13,271	2,002	536,391
Additions	-	200,050	-	-	200,050
Disposals	-	(14,295)	-	-	(14,295)
At 31 March 2026	2,685	704,188	13,271	2,002	722,146
Depreciation
At 01 April 2025	2,148	275,848	11,427	912	290,335
Charge for year	107	82,476	369	218	83,170
On disposals	-	(10,340)	-	-	(10,340)
At 31 March 2026	2,255	347,984	11,796	1,130	363,165
Net book values
Closing balance as at 31 March 2026	430	356,204	1,475	872	358,981
Opening balance as at 01 April 2025	537	242,585	1,844	1,090	246,056

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
2 Class A shares of £1.00 each	2		2
	2		2

3


Registered Number: 06136755
England and Wales
CHOICE ELECTRICAL LTD

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026