REGISTERED NUMBER: 08237269 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

TAC Electrical Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTOR:

T A Cockerham

REGISTERED OFFICE:

Unit 4a Craven Park

Snaygill Industrial Estate

Skipton

West Yorkshire

BD23 2QR

REGISTERED NUMBER:

08237269 (England and Wales)

ACCOUNTANTS:

DWilkinson&Company

No 1 Whitehall Riverside

1 Riverside Way

Leeds

West Yorkshire

LS1 4BN

FIXED ASSETS

Tangible assets

4

93,494

97,648

CURRENT ASSETS

Debtors

5

200,117

233,868

Cash at bank

407,363

235,793

607,480

469,661

CREDITORS

Amounts falling due within one year

6

240,696

193,007

NET CURRENT ASSETS

366,784

276,654

TOTAL ASSETS LESS CURRENT LIABILITIES

460,278

374,302

CREDITORS

Amounts falling due after more than one year

7

(31,435

)

(55,117

)

PROVISIONS FOR LIABILITIES

8

(15,076

)

(18,553

)

NET ASSETS

413,767

300,632

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

413,766

300,631

SHAREHOLDERS' FUNDS

413,767

300,632

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 7 May 2026 and were signed by:

T A Cockerham - Director

1.	STATUTORY INFORMATION

TAC 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

at varying rates on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

3,959

4,288

166,203

1,869

176,319

Additions

-

-

26,832

-

26,832

At 31 December 2025

3,959

4,288

193,035

1,869

203,151

DEPRECIATION

At 1 January 2025

3,781

1,810

71,655

1,425

78,671

Charge for year

45

372

30,347

222

30,986

At 31 December 2025

3,826

2,182

102,002

1,647

109,657

NET BOOK VALUE

At 31 December 2025

133

2,106

91,033

222

93,494

At 31 December 2024

178

2,478

94,548

444

97,648

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

106,523

Additions

26,832

At 31 December 2025

133,355

DEPRECIATION

At 1 January 2025

34,641

Charge for year

24,677

At 31 December 2025

59,318

NET BOOK VALUE

At 31 December 2025

74,037

At 31 December 2024

71,882

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

135,890

214,422

Other debtors

64,227

19,446

200,117

233,868

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

41,169

21,780

Trade creditors

87,634

70,136

Taxation and social security

108,078

97,158

Other creditors

3,815

3,933

240,696

193,007

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

31,435

55,117

8.	PROVISIONS FOR LIABILITIES

31.12.25

31.12.24

£

£

Deferred tax

Accelerated capital allowances

18,553

18,553

Deferred tax

(3,477

)

-

15,076

18,553

Deferred

tax

£

Balance at 1 January 2025

18,553

Balance at 31 December 2025

18,553

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

ordinary

1

1

1