REGISTERED NUMBER: 04545594 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2026

FOR

CORIN DUDLEY ELECTRICAL SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Dudley

D Bulled

V Dudley

SECRETARY:

V Dudley

REGISTERED OFFICE:

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

REGISTERED NUMBER:

04545594 (England and Wales)

ACCOUNTANTS:

LMDB Accountants

Chartered Certified Accountants

Railview Lofts

19c Commercial Road

Eastbourne

East Sussex

BN21 3XE

FIXED ASSETS

Tangible assets

4

193,295

113,418

CURRENT ASSETS

Stocks

44,419

44,890

Debtors

5

594,453

967,745

Cash at bank and in hand

1,002,664

547,118

1,641,536

1,559,753

CREDITORS

Amounts falling due within one year

6

1,242,554

1,074,074

NET CURRENT ASSETS

398,982

485,679

TOTAL ASSETS LESS CURRENT LIABILITIES

592,277

599,097

CREDITORS

Amounts falling due after more than one year

7

(13,595

)

(8,928

)

PROVISIONS FOR LIABILITIES

(42,692

)

(22,723

)

NET ASSETS

535,990

567,446

CAPITAL AND RESERVES

Called up share capital

10

101

101

Retained earnings

535,889

567,345

SHAREHOLDERS' FUNDS

535,990

567,446

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2026 and were signed on its behalf by:

C Dudley - Director

1.	STATUTORY INFORMATION

Corin Dudley Electrical Services Ltd 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 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 etc

-

33% on cost, 25% on reducing balance and 15% 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

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 33 (2025 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

374,401

Additions

111,820

Disposals

(10,500

)

At 30 April 2026

475,721

DEPRECIATION

At 1 May 2025

260,983

Charge for year

30,629

Eliminated on disposal

(9,186

)

At 30 April 2026

282,426

NET BOOK VALUE

At 30 April 2026

193,295

At 30 April 2025

113,418

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

Plant and

machinery

etc

£

COST

At 1 May 2025

67,975

Additions

67,572

Transfer to ownership

(45,980

)

At 30 April 2026

89,567

DEPRECIATION

At 1 May 2025

33,481

Charge for year

12,846

Transfer to ownership

(29,389

)

At 30 April 2026

16,938

NET BOOK VALUE

At 30 April 2026

72,629

At 30 April 2025

34,494

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

375,592

878,320

Amounts recoverable on contract

190,918

50,788

Other debtors

27,943

38,637

594,453

967,745

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

6,667

10,000

Hire purchase contracts (see note 8)

8,764

10,317

Trade creditors

308,170

133,500

Amounts owed to group undertakings

269,158

84,409

Taxation and social security

327,416

401,457

Other creditors

322,379

434,391

1,242,554

1,074,074

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

6,667

Hire purchase contracts (see note 8)

13,595

2,261

13,595

8,928

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

8,764

10,317

Between one and five years

13,595

2,261

22,359

12,578

Non-cancellable

operating leases

2026

2025

£

£

Within one year

24,688

18,387

Between one and five years

28,977

44,408

53,665

62,795

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

22,359

12,578

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50

Ordinary 'A'

£1

50

50

50

Ordinary 'B'

£1

50

50

1

Ordinary 'C'

£1

1

1

101

101

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dudley Venture Holdings Limited by virtue of their majority shareholding.

12.	CONSOLIDATED FINANCIAL STATEMENTS

The company is a wholly owned subsidiary of Dudley Venture Holdings Limited. Dudley Venture Holdings Limited is exempt by virtue of section 399 of The Companies Act 2006 from the requirement to prepare consolidated financial statements. Copies of the financial statements for Dudley Venture Holdings Limited can be obtained from Companies House in the United Kingdom.