R & M ELECTRICAL WHOLESALERS LIMITED


Directors	Emma Lisa Gordon
	Michael McKeon


Registered Address	Unit 5 Westerton Road
	East Mains Industrial Estate
	Broxburn
	EH52 5AU


Registered Number	SC207862 (Scotland)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		12,456		16,148
			12,456		16,148
Current assets
Stocks		277,640		328,149
Debtors		434,765		540,922
Cash at bank and on hand		199,350		86,309
		911,755		955,380
Creditors amounts falling due within one year		(410,850)		(550,142)
Net current assets (liabilities)			500,905		405,238
Total assets less current liabilities			513,361		421,386
Net assets			513,361		421,386
Capital and reserves
Called up share capital			1,100		1,100
Profit and loss account			512,261		420,286
Shareholders' funds			513,361		421,386

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 12 August 2026, and are signed on its behalf by:

Emma Lisa Gordon
Director
Registered Company No. SC207862

R & M ELECTRICAL WHOLESALERS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	R & M Electrical Wholesalers Limited is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with FRS 102, including Section 1A. There were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company. All sums are rounded to the nearest whole pound.

	Going concern
	At the time of signing these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. In reaching this conclusion, management have assessed the ongoing cashflow requirements of the company, also setting realistic targets on both sales and cost control. Therefore the directors have concluded that they can continue to adopt the going concern basis in preparing these financial statements.

Going concern

At the time of signing these financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. 

In reaching this conclusion, management have assessed the ongoing cashflow requirements of the company, also setting realistic targets on both sales and cost control.

Therefore the directors have concluded that they can continue to adopt the going concern basis in preparing these financial statements.

	Turnover policy
	Turnover represents net invoiced sales of electrical supplies after any discounts, excluding value added tax.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	The company operates a defined contribution pension scheme. Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Where material in value, deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Where material in value, deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Finance leases and hire purchase contracts
	Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	7		9

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 April 25	169,921
	At 31 March 26	169,921
	Depreciation and impairment
	At 01 April 25	153,773
	Charge for year	3,692
	At 31 March 26	157,465
	Net book value
	At 31 March 26	12,456
	At 31 March 25	16,148

4.	Other commitments
	The total amount of financial commitments, under non-cancellable leases, that are not included in the balance sheet is £77,497 (2025: £82,639).