Company registration number SC057900
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
COMPANY INFORMATION
Directors
Mrs L Rafferty
Mr L Farrow
Mr M McWilliams
(Appointed 31 March 2026)
Mr S Harris
(Appointed 31 March 2026)
Secretary
Mrs L Rafferty
Company number
SC057900
Registered office
Boston Road
Viewfield Industrial Estate
Glenrothes
Fife
KY6 2RE
Auditor
Sumer Auditco Limited
Pentland House
Saltire Centre
Glenrothes
Fife
KY6 2AH
Accountants
EQ Accountants Limited
Pentland House
Saltire Centre
Glenrothes
Fife
KY6 2AH
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2026
31 March 2026
- 1 -
2026
2025
£
£
£
£
Fixed assets
Tangible assets
3
246,436
249,452
Current assets
Debtors
4
669,345
377,328
Cash at bank and in hand
740,643
1,034,921
1,409,988
1,412,249
Creditors: amounts falling due within one year
5
(869,982)
(685,704)
Net current assets
540,006
726,545
Total assets less current liabilities
786,442
975,997
Creditors: amounts falling due after more than one year
6
-
0
(19,025)
Provisions for liabilities
(50,193)
(43,675)
Net assets
736,249
913,297
Capital and reserves
Called up share capital
7
7,500
7,500
Capital redemption reserve
7,500
7,500
Profit and loss reserves
721,249
898,297
Total equity
736,249
913,297

The notes on pages 2 to 7 form part of these 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 income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 21 August 2026 and are signed on its behalf by:
Mrs L Rafferty
Director
Company registration number SC057900 (Scotland)
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

E W Edwardson (Electrical Contractors) Limited is a private company limited by shares incorporated in Scotland. The registered office is Boston Road, Viewfield Industrial Estate, Glenrothes, Fife, KY6 2RE.

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 sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is 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.

Turnover 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, turnover is recognised only to the extent of the expenses recognised that are recover able.

1.3
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.

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:

Motor vehicles
20% - 25%Straight line
Fixtures and fittings
20% Straight line

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.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.5
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement 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 income statement, 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.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases
As lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.8
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
2
Employees

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

2026
2025
Number
Number
Total
44
45
3
Tangible fixed assets
Motor vehicles
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2025
395,170
19,091
414,261
Additions
79,284
4,870
84,154
Disposals
(64,659)
-
0
(64,659)
At 31 March 2026
409,795
23,961
433,756
Depreciation and impairment
At 1 April 2025
154,883
9,926
164,809
Depreciation charged in the year
72,404
2,960
75,364
Eliminated in respect of disposals
(52,853)
-
0
(52,853)
At 31 March 2026
174,434
12,886
187,320
Carrying amount
At 31 March 2026
235,361
11,075
246,436
At 31 March 2025
240,287
9,165
249,452
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
450,576
255,830
Contract costs recoverable
155,476
102,082
Prepayments and accrued income
63,293
19,416
669,345
377,328
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 5 -
5
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
263,334
241,672
Amounts owed to group undertakings
150,000
-
0
Taxation and social security
339,041
323,030
Other creditors
117,607
121,002
869,982
685,704

Secured loans

Included within other creditors are hire purchase liabilities of £18,648 (2025 - £31,311) which are secured by the relevant assets.

6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
-
0
19,025

Secured loans

Included within other creditors are hire purchase liabilities of £NIL (2025 - £19,025) which are secured by the relevant assets.

7
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
5,250
5,250
5,250
5,250
Ordinary 'A' shares of £1 each
1,875
1,875
1,875
1,875
Ordinary 'C' shares of £1 each
375
375
375
375
7,500
7,500
7,500
7,500
E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Mark Gibson
Statutory Auditor:
Sumer Auditco Limited
Date of audit report:
21 August 2026
9
Contingent liabilities

The Company has a guarantee in place in respect of loan notes in E.W. Edwardson 2022 Holdings Limited. The total loan notes in this company as at 31 March 2026 amounted to £NIL (2025 - £437,500).

E W EDWARDSON (ELECTRICAL CONTRACTORS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
10
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
143,806
167,108
11
Parent company

The ultimate controlling party was E.W. Edwardson 2022 Holdings Limited, a company registered in Scotland, whose registered office is 10 Boston Road, Viewfield Industrial Estate, Glenrothes, Scotland, KY6 2RE.

2026-03-31 2025-04-01 false false false 21 August 2026 CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr C Murray Mr L Farrow Mr M McWilliams Mr S Harris Mr S Harris Mrs L Rafferty SC057900 2025-04-01 2026-03-31 SC057900 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 SC057900 bus:Director2 2025-04-01 2026-03-31 SC057900 bus:Director3 2025-04-01 2026-03-31 SC057900 bus:Director4 2025-04-01 2026-03-31 SC057900 bus:CompanySecretary1 2025-04-01 2026-03-31 SC057900 bus:Director1 2025-04-01 2026-03-31 SC057900 bus:Director5 2025-04-01 2026-03-31 SC057900 bus:RegisteredOffice 2025-04-01 2026-03-31 SC057900 2026-03-31 SC057900 2025-03-31 SC057900 core:MotorVehicles 2026-03-31 SC057900 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2026-03-31 SC057900 core:MotorVehicles 2025-03-31 SC057900 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-03-31 SC057900 core:WithinOneYear 2026-03-31 SC057900 core:WithinOneYear 2025-03-31 SC057900 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 SC057900 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 SC057900 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 SC057900 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 SC057900 core:ShareCapital 2026-03-31 SC057900 core:ShareCapital 2025-03-31 SC057900 core:CapitalRedemptionReserve 2026-03-31 SC057900 core:CapitalRedemptionReserve 2025-03-31 SC057900 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC057900 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC057900 core:ShareCapitalOrdinaryShareClass1 2026-03-31 SC057900 core:ShareCapitalOrdinaryShareClass1 2025-03-31 SC057900 core:ShareCapitalOrdinaryShareClass2 2026-03-31 SC057900 core:ShareCapitalOrdinaryShareClass2 2025-03-31 SC057900 core:ShareCapitalOrdinaryShareClass3 2026-03-31 SC057900 core:ShareCapitalOrdinaryShareClass3 2025-03-31 SC057900 core:ShareCapitalOrdinaryShares 2026-03-31 SC057900 core:ShareCapitalOrdinaryShares 2025-03-31 SC057900 core:MotorVehicles 2025-04-01 2026-03-31 SC057900 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-04-01 2026-03-31 SC057900 2024-04-01 2025-03-31 SC057900 core:MotorVehicles 2025-03-31 SC057900 core:Non-standardPPEClass1ComponentTotalPropertyPlantEquipment 2025-03-31 SC057900 2025-03-31 SC057900 core:CurrentFinancialInstruments 2026-03-31 SC057900 core:CurrentFinancialInstruments 2025-03-31 SC057900 core:CurrentFinancialInstruments 1 2026-03-31 SC057900 core:CurrentFinancialInstruments 1 2025-03-31 SC057900 core:Non-currentFinancialInstruments 2026-03-31 SC057900 core:Non-currentFinancialInstruments 2025-03-31 SC057900 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 SC057900 bus:OrdinaryShareClass2 2025-04-01 2026-03-31 SC057900 bus:OrdinaryShareClass3 2025-04-01 2026-03-31 SC057900 bus:OrdinaryShareClass1 2026-03-31 SC057900 bus:OrdinaryShareClass1 2025-03-31 SC057900 bus:OrdinaryShareClass2 2026-03-31 SC057900 bus:OrdinaryShareClass2 2025-03-31 SC057900 bus:OrdinaryShareClass3 2026-03-31 SC057900 bus:OrdinaryShareClass3 2025-03-31 SC057900 bus:AllOrdinaryShares 2026-03-31 SC057900 bus:AllOrdinaryShares 2025-03-31 SC057900 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 SC057900 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 SC057900 bus:FRS102 2025-04-01 2026-03-31 SC057900 bus:Audited 2025-04-01 2026-03-31 SC057900 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP