REGISTERED NUMBER: 10662167 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

PRO-LEC ELECTRICIANS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R T Owen

SECRETARY:

REGISTERED OFFICE:

7 Centre Court

Main Avenue

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

REGISTERED NUMBER:

10662167 (England and Wales)

ACCOUNTANTS:

James de Frias

Chartered Accountants

7 Centre Court

Main Avenue

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

FIXED ASSETS

Tangible assets

4

24,963

48,323

CURRENT ASSETS

Debtors

5

21,541

4,215

Cash at bank

12,848

17,194

34,389

21,409

CREDITORS

Amounts falling due within one year

6

32,647

25,967

NET CURRENT ASSETS/(LIABILITIES)

1,742

(4,558

)

TOTAL ASSETS LESS CURRENT LIABILITIES

26,705

43,765

CREDITORS

Amounts falling due after more than one year

7

(2,065

)

(9,419

)

PROVISIONS FOR LIABILITIES

(4,743

)

(9,181

)

NET ASSETS

19,897

25,165

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

19,777

25,045

SHAREHOLDERS' FUNDS

19,897

25,165

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 24 August 2026 and were signed by:

R T Owen - Director

1.	STATUTORY INFORMATION

Pro-Lec Electricians 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.

Turnover

Turnover 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.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

6,159

75,288

2,341

83,788

Disposals

-

(23,240

)

-

(23,240

)

At 31 March 2026

6,159

52,048

2,341

60,548

DEPRECIATION

At 1 April 2025

4,278

29,216

1,971

35,465

Charge for year

684

10,219

218

11,121

Eliminated on disposal

-

(11,001

)

-

(11,001

)

At 31 March 2026

4,962

28,434

2,189

35,585

NET BOOK VALUE

At 31 March 2026

1,197

23,614

152

24,963

At 31 March 2025

1,881

46,072

370

48,323

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

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

27,000

DEPRECIATION

At 1 April 2025

3,921

Charge for year

5,769

At 31 March 2026

9,690

NET BOOK VALUE

At 31 March 2026

17,310

At 31 March 2025

23,079

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Amounts recoverable on contract

17,185

-

Other debtors

4,356

4,215

21,541

4,215

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

3,224

5,000

Hire purchase contracts

4,130

4,130

Trade creditors

11,324

7,285

Taxation and social security

11,465

5,531

Other creditors

2,504

4,021

32,647

25,967

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans

-

3,224

Hire purchase contracts

2,065

6,195

2,065

9,419

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31/3/26

31/3/25

£

£

R T Owen

Balance outstanding at start of year

(671

)

(73

)

Amounts advanced

43,036

53,022

Amounts repaid

(42,869

)

(53,620

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(504

)

(671

)

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £25,000 (2025 - £30,000) were paid to the director .

10.	ULTIMATE CONTROLLING PARTY

The controlling party is R T Owen.