B.A.C. Electrical Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06026839 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

B.A.C. ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J D Cox

SECRETARY:

Mrs C M Cox

REGISTERED OFFICE:

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

REGISTERED NUMBER:

06026839 (England and Wales)

ACCOUNTANTS:

Lemans

Chartered Certified Accountants

29 Arboretum Street

Nottingham

Nottinghamshire

NG1 4JA

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

38,436

48,584

38,436

48,584

CURRENT ASSETS

Stocks

2,625

2,820

Debtors

6

155,973

149,932

Cash at bank and in hand

38,310

37,666

196,908

190,418

CREDITORS

Amounts falling due within one year

7

50,870

48,908

NET CURRENT ASSETS

146,038

141,510

TOTAL ASSETS LESS CURRENT
LIABILITIES

184,474

190,094

CREDITORS

Amounts falling due after more than one
year

8

-

(5,286

)

PROVISIONS FOR LIABILITIES

(9,609

)

(12,146

)

NET ASSETS

174,865

172,662

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

174,765

172,562

SHAREHOLDERS' FUNDS

174,865

172,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 August 2026 and were signed by:

J D Cox - Director

1.	STATUTORY INFORMATION

B.A.C. Electrical 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stock is valued using the first in first out method, 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.

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.

Goodwill

Goodwill arising on the incorporation B A C Electrical Limited from B A Cox Electrical Contractors on 1 January 2007, is being amortised over its estimated useful life of 10 years.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

33,867

AMORTISATION

At 1 January 2025

and 31 December 2025

33,867

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 January 2025

-

86,559

569

87,128

Additions

2,663

-

2,663

At 31 December 2025

2,663

86,559

569

89,791

DEPRECIATION

At 1 January 2025

-

38,215

329

38,544

Charge for year

665

12,086

60

12,811

At 31 December 2025

665

50,301

389

51,355

NET BOOK VALUE

At 31 December 2025

1,998

36,258

180

38,436

At 31 December 2024

-

48,344

240

48,584

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

81,251

74,349

Other debtors

63,524

19,273

Directors' current accounts

11,198

56,310

155,973

149,932

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

5,287

10,376

Trade creditors

2,223

3,563

Corporation tax

17,946

7,233

Social security and other taxes

19,132

23,013

Directors' current accounts

2,349

Accrued expenses

3,933

2,374

50,870

48,908

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans

-

5,286

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

£1

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

J D Cox

Balance outstanding at start of year

56,310

61,190

Amounts advanced

19,388

15,120

Amounts repaid

(64,500

)

(20,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

11,198

56,310

No interest has been charged on the above loan during the year (2024 £nil)