S LUCAS ELECTRICAL CONTRACTORS LIMITED


Directors	LUCAS, Debra Patricia
	LUCAS, Stephen


Company Secretary	LUCAS, Debra Patricia


Registered Address	24 Gullane Close, Bill Quay
	Gateshead
	Tyne And Wear
	NE10 0TQ


Registered Number	04631629 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		324,896		444,431
			324,896		444,431
Current assets
Debtors	4	-		1,925
Cash at bank and on hand		2,443		2,713
		2,443		4,638
Creditors amounts falling due within one year	5	(7,528)		(67,878)
Net current assets (liabilities)			(5,085)		(63,240)
Total assets less current liabilities			319,811		381,191
Net assets			319,811		381,191
Capital and reserves
Called up share capital			100		100
Profit and loss account			319,711		381,091
Shareholders' funds			319,811		381,191

The company was entitled to exemption from audit for this reporting period 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 17 September 2026, and are signed on its behalf by:

LUCAS, Debra Patricia
Director

LUCAS, Stephen
Director

Registered Company No. 04631629

S LUCAS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	5
	Office Equipment	5

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 February 25	444,282	19,426	17,171	-	480,879
Additions	-	-	-	899	899
Disposals	(120,000)	-	-	-	(120,000)
At 31 January 26	324,282	19,426	17,171	899	361,778
Depreciation and impairment
At 01 February 25	-	19,277	17,171	-	36,448
Charge for year	-	149	-	285	434
At 31 January 26	-	19,426	17,171	285	36,882
Net book value
At 31 January 26	324,282	-	-	614	324,896
At 31 January 25	444,282	149	-	-	444,431

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	-	1,925
Total	-	1,925

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Amounts owed to related parties	119	64,614
Taxation and social security	6,515	-
Other creditors	-	2,400
Accrued liabilities and deferred income	894	864
Total	7,528	67,878