Southern Lightning Engineers Limited iXBRL

Company Registration Number: 02830426

Southern Lightning Engineers Limited

Unaudited Financial Statements

for the financial year ended 30 June 2026

Southern Lightning Engineers Limited

Company Registration Number: 02830426

STATEMENT OF FINANCIAL POSITION

as at 30 June 2026

		2026	2025
	Notes	£	£

Non-Current Assets

Property, plant and equipment

865,817

924,880

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Current Assets

Inventories

25,700

25,600

Receivables

294,681

437,711

Cash and cash equivalents

1,404,479

1,147,268

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1,724,860

1,610,579

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Payables: amounts falling due within one year

(253,956)

(274,692)

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Net Current Assets

1,470,904

1,335,887

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Total Assets less Current Liabilities

2,336,721

2,260,767

Provisions for liabilities

(27,012)

(39,240)

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Net Assets

2,309,709

2,221,527

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Capital and Reserves

Called up share capital

Retained earnings

2,309,707

2,221,525

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Equity attributable to owners of the company

2,309,709

2,221,527

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 8 August 2026 and signed on its behalf by



________________________________
Ian Edward Barker
Director

Southern Lightning Engineers Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 June 2026

General Information

Southern Lightning Engineers Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 02830426. The registered office of the company is. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 30 June 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax for lightning engineering.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

Long leasehold property

12.5% Straight line

Plant and machinery

20% Reducing balance

Fixtures, fittings and equipment

20% Reducing balance

Motor vehicles

25% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Inventories

Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Employee benefits

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Employees

The average monthly number of employees, including directors, during the financial year was 24, (2025 - 22).

2026

2025

Number

Number

Average number of persons employed

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4.	Property, plant and equipment
		Land and	Long	Plant and	Fixtures,	Motor	Total
		buildings	leasehold	machinery	fittings and	vehicles
		freehold	property		equipment
		£	£	£	£	£	£
	Cost
	At 1 July 2025	592,804	349,032	53,997	83,287	454,415	1,533,535
	Additions	-	-	-	-	108,617	108,617
	Disposals	-	-	-	-	(95,656)	(95,656)
		─────────	─────────	─────────	─────────	─────────	─────────
	At 30 June 2026	592,804	349,032	53,997	83,287	467,376	1,546,496
		─────────	─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 July 2025	-	302,276	52,193	79,548	174,638	608,655
	Charge for the financial year	-	41,816	361	748	79,157	122,082
	On disposals	-	-	-	-	(50,058)	(50,058)
		─────────	─────────	─────────	─────────	─────────	─────────
	At 30 June 2026	-	344,092	52,554	80,296	203,737	680,679
		─────────	─────────	─────────	─────────	─────────	─────────
	Net book value
	At 30 June 2026	592,804	4,940	1,443	2,991	263,639	865,817
		═════════	═════════	═════════	═════════	═════════	═════════
	At 30 June 2025	592,804	46,756	1,804	3,739	279,777	924,880
		═════════	═════════	═════════	═════════	═════════	═════════


5.	Inventories	2026	2025
		£	£

	Stock	25,700	25,600
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


6.	Receivables	2026	2025
		£	£

	Trade receivables	241,665	373,230
	Other debtors	105	3,176
	Taxation	2,524	-
	Prepayments and accrued income	50,387	61,305
		─────────	─────────
		294,681	437,711
		═════════	═════════


7.	Payables	2026	2025
	Amounts falling due within one year	£	£

	Trade payables	117,489	110,587
	Taxation	83,331	115,453
	Other creditors	4,825	5,993
	Accruals and deferred income:
	Pension accrual	62	-
	Other accruals	48,249	42,659
		─────────	─────────
		253,956	274,692
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2026

2025

At financial year start

39,240

39,240

39,139

Charged to profit and loss

(12,228)

(12,228)

101

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At financial year end

27,012

39,240

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