REGISTERED NUMBER: 01194153 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Roger Budge (Electrical Engineering)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D E Oliver

Mrs K Oliver

SECRETARY:

Mrs K Oliver

REGISTERED OFFICE:

6a Bittern Way

Boston

Lincolnshire

PE21 7NX

REGISTERED NUMBER:

01194153 (England and Wales)

ACCOUNTANTS:

Darron Abbott

135 London Road

Boston

Lincolnshire

PE21 7EZ

SOLICITORS:

Bambridges Solicitors

27 Wide Bargate

Boston

Lincolnshire

PE21 6SW

FIXED ASSETS

Tangible assets

4

256,165

349,727

CURRENT ASSETS

Stocks

5,000

5,000

Debtors

5

501,899

539,315

Cash at bank

1,060,360

1,278,255

1,567,259

1,822,570

CREDITORS

Amounts falling due within one year

6

305,403

588,890

NET CURRENT ASSETS

1,261,856

1,233,680

TOTAL ASSETS LESS CURRENT LIABILITIES

1,518,021

1,583,407

PROVISIONS FOR LIABILITIES

57,777

80,942

NET ASSETS

1,460,244

1,502,465

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

(397,000

)

(397,000

)

Retained earnings

1,857,144

1,899,365

SHAREHOLDERS' FUNDS

1,460,244

1,502,465

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 directors acknowledge their 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 Board of Directors and authorised for issue on 16 September 2026 and were signed on its behalf by:

D E Oliver - Director

1.	STATUTORY INFORMATION

Roger Budge (Electrical Engineering) 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

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.

Hire purchase and leasing commitments

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 18 (2024 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2025

25,329

42,258

36,184

745,655

849,426

Disposals

-

-

-

(169,017

)

(169,017

)

At 31 December 2025

25,329

42,258

36,184

576,638

680,409

DEPRECIATION

At 1 January 2025

14,404

25,369

35,302

424,624

499,699

Charge for year

-

2,534

135

76,692

79,361

Eliminated on disposal

-

-

-

(154,816

)

(154,816

)

At 31 December 2025

14,404

27,903

35,437

346,500

424,244

NET BOOK VALUE

At 31 December 2025

10,925

14,355

747

230,138

256,165

At 31 December 2024

10,925

16,889

882

321,031

349,727

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

41,015

Other debtors

501,899

498,300

501,899

539,315

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

167,170

479,652

Taxation and social security

115,225

76,033

Other creditors

23,008

33,205

305,403

588,890

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

8.	RELATED PARTY DISCLOSURES

Transactions with the directors businesses

The company rents the business premises from the Roger Budge (Electrical Engineering) Limited Pension Fund. The rent charged in the year amounted to £36.000 (2024 £36,000).

The company is owed £395,858 (2024 £395,858) from R B Property Development Limited at the year end, a related party by Virtue of the fact that the directors, Mr D E and Mrs K T Oliver, are also directors of Roger Budge (Electrical Engineering) Limited.

The Company is owed £83,146 (2024 £83,146) from Academy, a related party by virtue of the fact it is the sole trade business of Mrs K T Oliver, who is a director of Roger Budge (Electrical engineering) Limited.