REGISTERED NUMBER: SC793815 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

Electrical Power Consultants Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S D Macnicol

REGISTERED OFFICE:

38 Riccartsbar Avenue

Paisley

Renfrewshire

PA2 6BG

REGISTERED NUMBER:

SC793815 (Scotland)

ACCOUNTANTS:

Wright Vigar Limited

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

FIXED ASSETS

Tangible assets

4

4,352

4,046

CURRENT ASSETS

Debtors

5

482,006

102,796

Cash at bank

61,937

155,388

543,943

258,184

CREDITORS

Amounts falling due within one year

6

120,241

110,361

NET CURRENT ASSETS

423,702

147,823

TOTAL ASSETS LESS CURRENT LIABILITIES

428,054

151,869

PROVISIONS FOR LIABILITIES

1,088

1,012

NET ASSETS

426,966

150,857

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

426,965

150,856

SHAREHOLDERS' FUNDS

426,966

150,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2026 and were signed by:

S D Macnicol - Director

1.	STATUTORY INFORMATION

Electrical Power Consultants Ltd is a private company, limited by shares , registered in Scotland. 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.

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

Computer equipment

-

20% on reducing balance

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2025

4,238

1,124

5,362

Additions

-

2,087

2,087

Disposals

-

(1,036

)

(1,036

)

At 31 January 2026

4,238

2,175

6,413

DEPRECIATION

At 1 February 2025

1,120

196

1,316

Charge for year

780

151

931

Eliminated on disposal

-

(186

)

(186

)

At 31 January 2026

1,900

161

2,061

NET BOOK VALUE

At 31 January 2026

2,338

2,014

4,352

At 31 January 2025

3,118

928

4,046

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

279,705

102,095

Amounts owed by associates

200,000

-

Other debtors

2,301

701

482,006

102,796

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

132

Taxation and social security

70,583

58,279

Other creditors

49,658

51,950

120,241

110,361

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10

Ordinary

0.10

1

1

8.	RELATED PARTY DISCLOSURES

During the year, the company advanced funds to an associated company, Macnicol Properties Ltd. At the year end, the balance due from Macnicol Properties Ltd amounted to £200,000 (2025: £nil).

The loan is unsecured, interest free and has no fixed repayment terms.