The Lamp Post Electrical Supplies Ltd Accounts






	The Lamp Post Electrical Supplies Ltd
	Company No. 02988569

	Information for Filing with The Registrar
	31 March 2026

The Directors present their report and the accounts for the year ended 31 March 2026.

Principal activities

The principal activity of the company during the year under review was electrical goods supply.
-

Directors

The Directors who served at any time during the year were as follows:

M. E.Hammond
C. R.Oddy
G. K.Walton			(Resigned 28 November 2025)




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

C. R.Oddy
Director
20 July 2026

at	31 March 2026
Company No.		02988569	Notes	2026	2025
				£	£
Fixed assets
	Tangible assets		6	119,457	144,195
				119,457	144,195
Current assets
	Stocks		7	275,307	306,728
	Debtors		8	300,281	305,074
	Investments		9	-	-
	Cash at bank and in hand			20,292	16,038
				595,880	627,840
Creditors: Amount falling due within one year			10	(432,011)	(402,735)
Net current assets				163,869	225,105
Total assets less current liabilities				283,326	369,300
Creditors: Amounts falling due after more than one year			11	(79,427)	(92,730)
Provisions for liabilities
	Deferred taxation		13	(3,060)	(3,943)
Net assets				200,839	272,627

Capital and reserves
	Called up share capital			8	8
	Profit and loss account		15	200,831	272,619

Total equity				200,839	272,627


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2026 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 20 July 2026 and signed on its behalf by:
C. R.Oddy
Director
20 July 2026

for the year ended 31 March 2026

1

General information

The Lamp Post Electrical Supplies Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 02988569

Its registered office is:

The Old Foundry

Broad Oak Road

Canterbury

CT2 7PX

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Revenue recognition

Turnover is recognized when control of goods or services is transferred to the customer. This marks the point at which the risks and rewards of ownership have shifted.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Motor vehicles

25% reducing balance

Furniture, fittings and equipment

15-33.3% cost

Capitalised right-of-use assets are depreciated on a straight line basis over the period of the lease.

Leased assets

Premises and assets used subject to operating leases (Right of Use assets) are capitalised at the net present value of the payments over the term of the lease and are depreciated over the period of the lease on a straight line basis.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

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 profit and loss account 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. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account. No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Employee benefits

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Lease expenses

			2026	2025
			£	£
		Expense relating to short-term leases	45,148	-

4	Employees
		2026	2025
		Number	Number
	The average monthly number of employees (including directors) during the year was:	7	8

5	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	4,119	28,223
		Total corporation tax	4,119.00	28,223.00
		Origination and reversal of timing differences	(883)	(1,313)
		Total deferred tax	(883)	(1,313)

		Tax on profit on ordinary activities	3,236	26,910

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		3236	£	£
		Profit on ordinary activities before tax	16,638	112,249


		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	-	-
		Expenses not deductible for tax purposes	3,236	26,910
		Tax on profit on ordinary activities	3,236	26,910

6	Tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£	£
		Cost or revaluation
		At 1 April 2025	125,928	-	72,639	9,093	207,660
		Additions	-	-	22,827	-	22,827
		Disposals	-	-	(21,492)	-	(21,492)
		At 31 March 2026	125,928	-	73,974	9,093	208,995
		Depreciation
		At 1 April 2025	14,589	-	39,798	9,078	63,465
		Charge for the year	22,645	-	17,856	-	40,501
		Disposals	-	-	(14,428)	-	(14,428)
		At 31 March 2026	37,234	-	43,226	9,078	89,538
		Net book values
		At 31 March 2026	88,694	-	30,748	15	119,457
		At 31 March 2025	111,339	-	32,841	15	144,195

		Freehold land and buildings
						2026	2025
						£	£


		Leased (right-of-use assets) assets included in tangible fixed assets
			Land and buildings	Plant and machinery	Motor vehicles	Fixtures, fittings and equipment
		Net book values	£	£	£	£
		At 31 March 2026	88,694	-	16,864	-

7	Stocks
			2026	2025
			£	£
		Finished goods	275,307	306,728
			275,307	306,728

8	Debtors
			2026	2025
			£	£
		Trade debtors	289,475	297,205
		Prepayments and accrued income	10,806	7,869
			300,281	305,074

9

Current asset investments

10	Creditors:
		amounts falling due within one year
			2026	2025
			£	£
		Obligations under finance lease and hire purchase contracts	28,660	31,039
		Trade creditors	333,152	286,300
		Taxes and social security	49,831	76,347
		Loans from directors	12,000	-
		Other creditors	2,449	2,465
		Accruals and deferred income	5,919	6,584
			432,011	402,735


		Liabilities arising from the leasing of short term assets due within one year amount to £28,660 (2025 £31,039 as restated)

11	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£
		Obligations under finance lease and hire purchase contracts	79,427	92,730
			79,427	92,730

		Liabilities arising from the leasing of short term assets due after more than one year amount to £79,429 (2025 as restated £92,730)

12

Leases

Obligations under finance leases:

Obligations under hire purchase contracts:

Obligations under operating leases

The company rents its trading premises under a 5 year lease and has short term operating leases on two motor vehicles.

13	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences		Total
			£	£	£
		At 1 April 2025	3,943	-	3,943
		Charge to the profit and loss account for the period	(883)		(883)
		At 31 March 2026	3,060	-	3,060

			2026		2025
			£		£
		Accelerated capital allowances	2,641		3,943
		Other timing differences	419.00		-
			3,060		3,943

14

Share Capital

Share capital comprises 8 Ordinary shares of £1, allocated, called up and fully paid.

15	Reserves
			Revaluation Reserve	Capital redemption reserve	Total other reserves
			£	£	£

		Profit and loss account - includes all current and prior period retained profits and losses.

16	Transition to FRS 102
	The impact from the transition to FRS 102 is as follows:
		Assets held under operating leases and similar arrangements have been capitalised in accordance with FRS102.

	Reconciliation of equity:
				At 1 April 2024			At 31 March 2025
			Notes	As previously stated	Effect of transition	FRS 102 (as restated)	As previously stated	Effect of transition	FRS 102 (as restated)
				£	£	£	£	£	£
	Fixed assets		1.00	-	-	-	20,752.00	123,443.00	144,195.00

	Current assets			-	-	-	627,840.00	-	627,840.00
	Creditors: Amounts falling due within one year		2.00	-	-	-	(371,696.00)	(31,039.00)	(402,735.00)
	Net current assets			-	-	-	256,144.00	(31,039.00)	225,105.00

	Total assets less current liabilities			-	-	-	276,896.00	92,404.00	369,300.00

	Creditors: Amounts falling due after more than one year		3.00	-	-	-	-	(92,730.00)	(92,730.00)

	Provisions for liabilities			-	-	-	(3,943.00)	-	(3,943.00)

	Net assets			-	-	-	272,953.00	(326.00)	272,627.00

	Capital and reserves		4.00	-	-	-	(272,953.00)	326.00	(272,627.00)

	Details of changes to previously reported equity:

		1	Short term leases of Right-to-Use assets previously accounted for as costs were incurred are now capitalised at the net present value of future payments, with a corresponding liability for future payments. The impact of this has been to accelarate charges to the Profit and Loss Account.


		2

		3


		4

	Reconciliation of profit:
							Year ended 31 March 2026
						Notes	As previously stated	Effect of transition	FRS 102 (as restated)
							£	£	£
	Turnover						2,631,665.00	-	2,631,665.00
	Cost of sales						(2,060,916.00)	-	(2,060,916.00)
	Gross profit						570,749.00	-	570,749.00

	Distribution costs						(159,661.00)	-	(159,661.00)
	Administrative expenses					1	(299,036.00)	326.00	(298,710.00)
	Other operating income						41.00	-	41.00

	Operating profit						112,093.00	326.00	112,419.00

	Interest payable and similar charges						(170.00)	-	(170.00)

	Profit before taxation						111,923.00	326.00	112,249.00

	Taxation						(26,910.00)	-	(26,910.00)

	Profit for the financial year after taxation						111,923.00	326.00	112,249.00

	Explanation of changes to previously reported equity and profit:




		1