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Registered number: 12817257
London Electrical Contracting Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
THB LLP
1 & 2 Studley Court Mews Studley Court
Guildford Road
Chobham
Surrey
GU24 8EB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12817257
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,886 23,971
24,886 23,971
CURRENT ASSETS
Debtors 5 290,783 194,193
Cash at bank and in hand 27,089 91,442
317,872 285,635
Creditors: Amounts Falling Due Within One Year 6 (369,867 ) (307,775 )
NET CURRENT ASSETS (LIABILITIES) (51,995 ) (22,140 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,109 ) 1,831
PROVISIONS FOR LIABILITIES
Deferred Taxation - (233 )
NET (LIABILITIES)/ASSETS (27,109 ) 1,598
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (27,209 ) 1,498
SHAREHOLDERS' FUNDS (27,109) 1,598
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Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Desmond O'Flynn
Director
28/08/2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
London Electrical Contracting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12817257 . The registered office is 1 & 2 Studley Court Mews Studley Court, Guildford Road, Chobham, GU24 8EB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. The Company incurred a loss during the year, compared with a profit in the previous year.
The director has reviewed the Company’s financial position and future prospects and are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future. The director expects the Company’s financial performance to improve in the forthcoming financial year.
Accordingly, the director considers that it is appropriate to prepare the financial statements on a going concern basis. 
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 4,168 26,600 594 2,802 34,164
Additions 375 - 2,192 5,500 8,067
As at 31 August 2025 4,543 26,600 2,786 8,302 42,231
Depreciation
As at 1 September 2024 1,434 7,778 148 833 10,193
Provided during the period 584 4,706 319 1,543 7,152
As at 31 August 2025 2,018 12,484 467 2,376 17,345
Net Book Value
As at 31 August 2025 2,525 14,116 2,319 5,926 24,886
As at 1 September 2024 2,734 18,822 446 1,969 23,971
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 127,313 77,443
Other debtors 163,470 116,750
290,783 194,193
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 29,963 35,346
Bank loans and overdrafts - 2,754
Other creditors 282,422 229,977
Taxation and social security 57,482 39,698
369,867 307,775
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2024 Amounts advanced Amounts repaid Amounts written off As at 31 August 2025
£ £ £ £ £
Mr Desmond O'Flynn 5,757 77,204 46,718 - 36,243
The above loan is unsecured, and repayable on demand. Interest has been charged at the approved HMRC rate or above.
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