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Company Registration No. 09887750 (England and Wales)
COSTAS ELEC LTD Unaudited accounts for the year ended 31 March 2026
COSTAS ELEC LTD Unaudited accounts Contents
Page
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COSTAS ELEC LTD Company Information for the year ended 31 March 2026
Director
M C Economides
Company Number
09887750 (England and Wales)
Registered Office
94 Hurst Lane Birmingham B34 7HN
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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COSTAS ELEC LTD Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,701 
9,060 
Current assets
Cash at bank and in hand
62,916 
60,772 
Creditors: amounts falling due within one year
(2,394)
(6,996)
Net current assets
60,522 
53,776 
Total assets less current liabilities
68,223 
62,836 
Creditors: amounts falling due after more than one year
(45,871)
(46,774)
Net assets
22,352 
16,062 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
22,351 
16,061 
Shareholders' funds
22,352 
16,062 
For the year ending 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2026 and were signed on its behalf by
M C Economides Director Company Registration No. 09887750
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COSTAS ELEC LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
COSTAS ELEC LTD is a private company, limited by shares, registered in England and Wales, registration number 09887750. The registered office is 94 Hurst Lane, Birmingham, B34 7HN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2025
20,420 
At 31 March 2026
20,420 
Depreciation
At 1 April 2025
11,360 
Charge for the year
1,359 
At 31 March 2026
12,719 
Net book value
At 31 March 2026
7,701 
At 31 March 2025
9,060 
5
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Trade creditors
600 
582 
Taxes and social security
1,794 
6,414 
2,394 
6,996 
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COSTAS ELEC LTD Notes to the Accounts for the year ended 31 March 2026
6
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
28,684 
32,661 
Loans from directors
17,187 
14,113 
45,871 
46,774 
7
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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