Redmond Electrical Solutions Limited Accounts






Redmond Electrical Solutions Limited

	Company No. 07319015
		Information for Filing with The Registrar
		31 July 2026

The Director presents his report and the accounts for the year ended 31 July 2026.

Principal activities
The principal activity of the company during the year under review was Electrical Installations.




Director

The Director who served at any time during the year was as follows:

A. Redmond









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A. Redmond
Director
31 July 2026

at	31 July 2026
Company No.		07319015	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	42,742	35,142


				42,742	35,142
Current assets
	Stocks		6	132,000	132,000
	Debtors		7	618,624	97,256

	Cash at bank and in hand			438,551	7,152
				1,189,175	236,408
Creditors: Amount falling due within one year			8	(573,752)	(139,150)
Net current assets				615,423	97,258
Total assets less current liabilities				658,165	132,400

Provisions for liabilities
	Deferred taxation		9	(223)	(223)

Net assets				657,942	132,177

Capital and reserves
	Called up share capital			200	200



	Profit and loss account		11	657,742	131,977

Total equity				657,942	132,177



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 July 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 July 2026 and signed on its behalf by:
A. Redmond
Director
31 July 2026

for the year ended 31 July 2026

General information

Redmond Electrical Solutions Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07319015

Its registered office is:

Its trading address is:

c/o Parry & Co

Unit 7

Ynys Hir

Dale Court

Sandy Lane

South Kirby Ind Estate

Rhosneigr

WF9 3FL

LL64 5XA

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover represents amounts receivable for electrical installation and related services provided in the ordinary course of business, net of VAT and trade discounts. Revenue from electrical installation contracts is recognised by reference to the stage of completion of the contract at the reporting date where the outcome of the contract can be estimated reliably. The stage of completion is determined by reference to the work performed to date. Where the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of contract costs incurred that are expected to be recoverable.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Leased assets

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the term of the relevant lease, unless another systematic basis is more representative of the time pattern in which the economic benefits from the leased asset are consumed.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	4	3

4	Taxation
		(a) Tax on profit on ordinary activities	2026	2025
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	179,435	20,053

		Total corporation tax	179,435	20,053





		Tax on profit on ordinary activities	179,435	20,053

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2026	2025
		3135	£	£
		Profit on ordinary activities before tax	705,200	89,824

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	176,300	22,456
		Expenses not deductible for tax purposes	3,135	(2,403)




		Tax on profit on ordinary activities	179,435	20,053

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Total
			£	£	£
		Cost or revaluation
		At 1 August 2025	2,999	32,799	35,798
		Additions	-	7,600	7,600



		At 31 July 2026	2,999	40,399	43,398
		Depreciation
		At 1 August 2025	656	-	656




		At 31 July 2026	656	-	656
		Net book values
		At 31 July 2026	2,343	40,399	42,742
		At 31 July 2025	2,343	32,799	35,142

6	Stocks
			2026	2025
			£	£

		Work in progress	-	30,000
		Finished goods	132,000	102,000
			132,000	132,000

7	Debtors
			2026	2025
			£	£
		Trade debtors	526,443	55,344





		Other debtors	92,181	41,912

			618,624	97,256

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	19,317	48,004


		Trade creditors	439,772	-

		Taxes and social security	159,668	50,938
		Loans from directors	(45,575)	39,892
		Other creditors	571	317
		Accruals and deferred income	(1)	(1)
			573,752	139,150

9	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£
		At 1 August 2025	223	223


		At 31 July 2026	223	223


			2026	2025
			£	£

		Tax losses	223	223


			223	223

Share Capital

Ordinary Shares

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.