REGISTERED NUMBER: 07588741 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

DEASELEC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Deas

K E Deas

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

07588741 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

81,169

63,129

CURRENT ASSETS

Stocks

60,000

41,000

Debtors

5

116,270

155,703

Cash at bank

15,876

7

192,146

196,710

CREDITORS

Amounts falling due within one year

6

238,173

204,911

NET CURRENT LIABILITIES

(46,027

)

(8,201

)

TOTAL ASSETS LESS CURRENT LIABILITIES

35,142

54,928

CREDITORS

Amounts falling due after more than one year

7

(27,697

)

(53,834

)

PROVISIONS FOR LIABILITIES

(4,744

)

-

NET ASSETS

2,701

1,094

CAPITAL AND RESERVES

Called up and paid share capital

100

100

Retained earnings

2,601

994

SHAREHOLDERS' FUNDS

2,701

1,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by:

T Deas - Director

1.	STATUTORY INFORMATION

Deaselec 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.

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

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 represents revenue from electrical services recognised in the period in which the services are supplied. Where services span accounting periods, revenue is recognised by reference to the stage of completion.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

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.

Going concern

The financial statements have been prepared on the going concern concept. This assumes that the company will achieve a profitable level of trading and will continue to enjoy the support of its bankers and creditors. The financial statements do not account for any adjustments that would be required if the company was unable to achieve these objectives.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

40,605

18,553

81,281

31,585

172,024

Additions

-

-

45,096

-

45,096

At 30 April 2026

40,605

18,553

126,377

31,585

217,120

DEPRECIATION

At 1 May 2025

27,264

13,759

42,289

25,583

108,895

Charge for year

3,336

1,198

21,022

1,500

27,056

At 30 April 2026

30,600

14,957

63,311

27,083

135,951

NET BOOK VALUE

At 30 April 2026

10,005

3,596

63,066

4,502

81,169

At 30 April 2025

13,341

4,794

38,992

6,002

63,129

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

54,752

64,561

Other debtors

35,441

35,441

Directors' current accounts

19,675

50,771

VAT

6,402

4,930

116,270

155,703

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

59,976

100,059

Trade creditors

86,269

64,962

Credit card

38,448

28,674

Tax

42,357

6,065

Social security and other taxes

2,842

1,893

Other creditors

3,816

-

Pension

2,555

1,423

Accruals and deferred income

1,910

1,835

238,173

204,911

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

27,697

28,553

Bank loans - 2-5 years

-

25,281

27,697

53,834

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2026 and 30 April 2025:

2026

2025

£

£

T Deas and K E Deas

Balance outstanding at start of year

50,771

37,443

Amounts advanced

90,072

78,920

Amounts repaid

(121,168

)

(65,592

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,675

50,771