REGISTERED NUMBER: 04984771 (England and Wales)

ELITE ELECTRICIANS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered accountants' report

7

DIRECTORS:

R P Allum

Mrs A Allum

SECRETARY:

Mrs A Allum

REGISTERED OFFICE:

3rd Floor, Imperial House

21 - 25 North Street

Bromley

Kent

BR1 1SD

REGISTERED NUMBER:

04984771 (England and Wales)

ACCOUNTANTS:

Berringers LLP

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

431,946

330,696

Investment property

5

411,833

411,833

843,779

742,529

CURRENT ASSETS

Stocks

253,000

253,000

Debtors

6

1,531,704

875,911

Cash at bank

1,046,096

348,800

2,830,800

1,477,711

CREDITORS

Amounts falling due within one year

7

2,282,182

1,167,865

NET CURRENT ASSETS

548,618

309,846

TOTAL ASSETS LESS CURRENT LIABILITIES

1,392,397

1,052,375

CREDITORS

Amounts falling due after more than one year

8

314,112

429,646

NET ASSETS

1,078,285

622,729

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

1,078,175

622,619

SHAREHOLDERS' FUNDS

1,078,285

622,729

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 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 26 August 2026 and were signed on its behalf by:

R P Allum - Director

1.	STATUTORY INFORMATION

Elite 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.

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

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.

Freehold property

-

Straight line over 50 years

Plant and machinery

-

20% on cost

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Hire purchase and leasing commitments

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 17 (2025 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

347,453

103,405

10,000

460,858

Additions

-

4,563

144,861

149,424

At 31 March 2026

347,453

107,968

154,861

610,282

DEPRECIATION

At 1 April 2025

34,745

95,417

-

130,162

Charge for year

6,949

2,510

38,715

48,174

At 31 March 2026

41,694

97,927

38,715

178,336

NET BOOK VALUE

At 31 March 2026

305,759

10,041

116,146

431,946

At 31 March 2025

312,708

7,988

10,000

330,696

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

411,833

NET BOOK VALUE

At 31 March 2026

411,833

At 31 March 2025

411,833

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,393,089

832,671

Other debtors

138,615

43,240

1,531,704

875,911

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

68,192

132,452

Hire purchase contracts

29,361

-

Trade creditors

580,543

274,675

Taxation and social security

510,907

379,577

Other creditors

1,093,179

381,161

2,282,182

1,167,865

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

179,652

Hire purchase contracts

83,283

-

Other creditors

230,829

249,994

314,112

429,646

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

142,683

175,214

There is a fixed charge in place on the mortgage received from Marman Ltd

9.	RELATED PARTY DISCLOSURES

At the year end, the directors owed the company £95,735. This was repaid within nine months of the year end.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elite Electricians Limited for the year ended 31 March 2026 which comprise the Statement of income and retained earnings, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Elite Electricians Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elite Electricians Limited and state those matters that we have agreed to state to the Board of Directors of Elite Electricians Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elite Electricians Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Elite Electricians Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Elite Electricians Limited. You consider that Elite Electricians Limited 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 financial statements of Elite Electricians Limited. 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 financial statements.

Berringers LLP

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

26 August 2026