REGISTERED NUMBER: 01123738 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

Raytell Electrical Co. Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

R K Bundock

B. Calder

SECRETARY:

Ms L Hall

REGISTERED OFFICE:

9 Hampden Way

Southgate

London

N14 5DJ

REGISTERED NUMBER:

01123738 (England and Wales)

AUDITORS:

MCA Audit Limited

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Tangible assets

4

38,908

41,479

CURRENT ASSETS

Stocks

1,333,355

1,333,355

Debtors

5

502,005

598,778

Investments

6

-

1,428,523

Cash at bank

1,527,638

2,225,470

3,362,998

5,586,126

CREDITORS

Amounts falling due within one year

7

521,367

440,920

NET CURRENT ASSETS

2,841,631

5,145,206

TOTAL ASSETS LESS CURRENT LIABILITIES

2,880,539

5,186,685

PROVISIONS FOR LIABILITIES

5,443

56,547

NET ASSETS

2,875,096

5,130,138

CAPITAL AND RESERVES

Called up share capital

53

100

Revaluation reserve

8

-

177,802

Retained earnings

2,875,043

4,952,236

SHAREHOLDERS' FUNDS

2,875,096

5,130,138

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 Board of Directors and authorised for issue on 29th June 2026 and were signed on its behalf by:

R K Bundock - Director

1.	STATUTORY INFORMATION

Raytell Electrical Co. 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.

Revenue recognition

Revenue arises from increases in valuations on contracts and is normally determined by external valuations. It is the gross value of work carried out for the period to the balance sheet date. Profit on contracts is calculated in accordance with accounting standards and industry practice. Industry practice is to assess the estimated final outcome of each contract and recognise the profit based upon the percentage of completion of the contract at the relevant date. The assessment of the final outcome of each contract is determined by regular review of the revenues and costs to complete that contract.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 2% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage of completion.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

191,872

Additions

8,866

At 31st December 2025

200,738

DEPRECIATION

At 1st January 2025

150,393

Charge for year

11,437

At 31st December 2025

161,830

NET BOOK VALUE

At 31st December 2025

38,908

At 31st December 2024

41,479

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

489,836

593,721

Other debtors

12,169

5,057

502,005

598,778

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

-

1,428,523

2025

2024

£

£

Fair value 1 January 2025

1,428,523

1,347,151

Additions

-

-

Disposal

(1,428,523

)

-

Net gains or losses from fair value adjustments

-

81,372

Fair value at 31 December 2025

-

1,428,523

The current asset investments are valued at the market value at the balance sheet date.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

163,892

76,120

Taxation and social security

223,052

195,323

Other creditors

134,423

169,477

521,367

440,920

8.

RESERVES

Revaluation

reserve

£

At 1st January 2025

177,802

P&L transfer

(177,802

)

At 31st December 2025

-

This represents

2025

£

Disposal of listed investment

(177,802

)

-

(177,802

)

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Auditors' Report was unqualified.

Antony Youselli (Senior Statutory Auditor)

for and on behalf of MCA Audit Limited