REGISTERED NUMBER: 05308426 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Steve Rudkin Electrical Contractors

Limited

Page

Chartered accountants' report

1

Statement of financial position

2

to

3

Notes to the financial statements

4

to

8

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Steve Rudkin Electrical Contractors Limited for the year ended 31 December 2025 which comprise the Income statement, Statement of financial position, Statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Steve Rudkin Electrical Contractors Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Steve Rudkin Electrical Contractors Limited and state those matters that we have agreed to state to the director of Steve Rudkin Electrical Contractors Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steve Rudkin Electrical Contractors Limited and its director for our work or for this report.

It is your duty to ensure that Steve Rudkin Electrical Contractors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steve Rudkin Electrical Contractors Limited. You consider that Steve Rudkin Electrical Contractors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Steve Rudkin Electrical Contractors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

22 St George's Street

Stamford

Lincolnshire

PE9 2BU

10 September 2026

Fixed assets

Intangible assets

5

-

-

Tangible assets

6

51,428

58,053

51,428

58,053

Current assets

Stocks

4,497

19,924

Debtors

7

557,909

753,076

Investments

8

534,040

438,507

Cash at bank and in hand

476,604

403,954

1,573,050

1,615,461

Creditors

Amounts falling due within one year

9

186,216

270,160

Net current assets

1,386,834

1,345,301

Total assets less current liabilities

1,438,262

1,403,354

Provisions for liabilities

12,857

14,513

Net assets

1,425,405

1,388,841

Capital and reserves

Called up share capital

10

1

1

Retained earnings

1,425,404

1,388,840

Shareholders' funds

1,425,405

1,388,841

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 Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2026 and were signed by:

S P Rudkin - Director

1.	Statutory information

Steve Rudkin Electrical Contractors Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05308426

Registered office:

Unit 5

Casterton Road Business Park

The Old Great North Road

Stamford

Lincolnshire

PE9 4EJ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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.

Improvements to property

-

20% on a straight line basis

Plant and machinery

-

20% on reducing balance

Office

-

10% on a straight line basis

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on a straight line basis

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

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.

4.	Employees and directors

The average number of employees during the year was 17 (2024 - 20 ) .

5.	Intangible fixed assets

Goodwill

£

Cost

At 1 January 2025

and 31 December 2025

60,000

Amortisation

At 1 January 2025

and 31 December 2025

60,000

Net book value

At 31 December 2025

-

At 31 December 2024

-

6.	Tangible fixed assets

Improvements

to

Plant and

property

machinery

Office

£

£

£

Cost

At 1 January 2025

24,951

21,552

3,182

Additions

-

182

-

At 31 December 2025

24,951

21,734

3,182

Depreciation

At 1 January 2025

24,951

15,810

3,182

Charge for year

-

1,170

-

At 31 December 2025

24,951

16,980

3,182

Net book value

At 31 December 2025

-

4,754

-

At 31 December 2024

-

5,742

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 January 2025

143,624

17,112

210,421

Additions

9,250

-

9,432

At 31 December 2025

152,874

17,112

219,853

Depreciation

At 1 January 2025

91,728

16,697

152,368

Charge for year

14,517

370

16,057

At 31 December 2025

106,245

17,067

168,425

Net book value

At 31 December 2025

46,629

45

51,428

At 31 December 2024

51,896

415

58,053

7.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

296,031

402,431

Bad debts & credit note prov'n

(3,642

)

(3,642

)

Amounts owed by participating interests

147,033

147,066

Other debtors - S455 Tax

27,185

27,185

Directors' loan accounts

84,155

145,617

VAT

-

28,519

Prepayments

7,147

5,900

557,909

753,076

8.	Current asset investments

2025

2024

£

£

Listed investments

458,759

438,507

Prudential Bond Account

75,281

-

534,040

438,507

9.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

90,774

165,354

Corporation tax

40,427

77,072

Social security and other taxes

16,581

23,529

VAT

33,467

-

Pension creditor

2,016

1,905

Accrued expenses

2,951

2,300

186,216

270,160

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary shares

£1

1

1

11.	Director's advances, credits and guarantees

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

2025

2024

£

£

S P Rudkin

Balance outstanding at start of year

145,617

49,577

Amounts advanced

27,137

126,040

Amounts repaid

(88,599

)

(30,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

84,155

145,617