REGISTERED NUMBER: 03769187 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

TERRY BAKER ELECTRICAL CONTRACTOR

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr T R Baker

Mrs C A Baker

SECRETARY:

Mrs C A Baker

REGISTERED OFFICE:

130a Godinton Road

Ashford

Kent

TN23 1LJ

REGISTERED NUMBER:

03769187 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Invicta Business Centre

Monument Way

Orbital Park

Ashford

Kent

TN24 0HB

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

308,073

311,947

308,073

311,947

CURRENT ASSETS

Stocks

79,212

78,096

Debtors

7

414,962

287,215

Cash at bank and in hand

429,168

454,006

923,342

819,317

CREDITORS

Amounts falling due within one year

8

243,490

181,232

NET CURRENT ASSETS

679,852

638,085

TOTAL ASSETS LESS CURRENT LIABILITIES

987,925

950,032

PROVISIONS FOR LIABILITIES

21,856

20,605

NET ASSETS

966,069

929,427

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

966,067

929,425

966,069

929,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 July 2026 and were signed on its behalf by:

Mr T R Baker - Director

Mrs C A Baker - Director

1.	STATUTORY INFORMATION

Terry Baker Electrical Contractor 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Land and buildings

-

2% straight line

Plant and machinery etc

-

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2025 - 23 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

151,455

AMORTISATION

At 1 March 2025

and 28 February 2026

151,455

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

253,276

9,640

261,657

40,000

564,573

Additions

-

-

28,745

-

28,745

At 28 February 2026

253,276

9,640

290,402

40,000

593,318

DEPRECIATION

At 1 March 2025

32,929

9,501

171,201

38,995

252,626

Charge for year

2,533

35

29,800

251

32,619

At 28 February 2026

35,462

9,536

201,001

39,246

285,245

NET BOOK VALUE

At 28 February 2026

217,814

104

89,401

754

308,073

At 28 February 2025

220,347

139

90,456

1,005

311,947

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

363,696

260,139

Other debtors

51,266

27,076

414,962

287,215

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

119,182

101,241

Taxation and social security

92,134

48,796

Other creditors

32,174

31,195

243,490

181,232