Registration number: 02494089

Interlec Services (Bristol) Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Interlec Services (Bristol) Ltd

Company Information

Directors

K Warren JP Warren

Company secretary

JP Warren

Registered office

Suite 9 Kilmersdon Business Park 18 Kilmersdon Road Hartcliffe Bristol BS13 9NQ

Accountants

Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

Interlec Services (Bristol) Ltd

(Registration number: 02494089)
Balance Sheet as at 31 December 2025

	Note	2025 £		2024 £
Fixed assets
Tangible assets	4		82,930	1,662
Investment property	5		164,288	164,288
			247,218	165,950
Current assets
Stocks	6	25,500		30,000
Debtors	7	1,301		4,611
Cash at bank and in hand		12,755		26,217
		39,556		60,828
Creditors: Amounts falling due within one year	9	(2,055)		(2,854)
Net current assets			37,501	57,974
Total assets less current liabilities			284,719	223,924
Creditors: Amounts falling due after more than one year	9		(261,899)	(198,431)
Net assets			22,820	25,493
Capital and reserves
Called up share capital		2		2
Retained earnings		22,818		25,491
Shareholders' funds			22,820	25,493

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Interlec Services (Bristol) Ltd

(Registration number: 02494089)
Balance Sheet as at 31 December 2025

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 1 September 2026 and signed on its behalf by:
 

.........................................

K Warren
Director

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 9 Kilmersdon Business Park
18 Kilmersdon Road
Hartcliffe
Bristol
BS13 9NQ

These financial statements were authorised for issue by the Board on 1 September 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor Vehicles	25% Reducing balance
Fixtures and Fittings	15% Reducing balance
Office Equipment	15% Reducing balance
Assets for Hire	25% Reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 January 2025	-	2,750	17,333	377
Additions	83,247	-	-	-
At 31 December 2025	83,247	2,750	17,333	377
Depreciation
At 1 January 2025	-	2,502	16,215	275
Charge for the year	1,600	37	280	15
At 31 December 2025	1,600	2,539	16,495	290
Carrying amount
At 31 December 2025	81,647	211	838	87
At 31 December 2024	-	247	1,117	102

	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	2,000	22,460
Additions	-	83,247
At 31 December 2025	2,000	105,707
Depreciation
At 1 January 2025	1,804	20,796
Charge for the year	49	1,981
At 31 December 2025	1,853	22,777
Carrying amount
At 31 December 2025	147	82,930
At 31 December 2024	196	1,662

Included within the net book value of land and buildings above is £81,647 (2024 - £Nil) in respect of freehold land and buildings.
 

5	Investment properties

	2025 £
At 1 January	164,288
At 31 December	164,288

There has been no valuation of investment property by an independent valuer.

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Stocks

	2025 £	2024 £
Other inventories	25,500	30,000

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,120	2,400
Prepayments	181	225
Other debtors	-	1,986
	1,301	4,611

8	Related party transactions

At the year end the directors were owed £261,900 (2024: £198,431) from the company. Interest is charged on loans to the company at variable rates and the loans are repayable on demand.

Interlec Services (Bristol) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

9

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	-	61
Accruals and deferred income	2,055	2,793
	2,055	2,854

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		261,899	198,431