REGISTERED NUMBER: SC351836 (Scotland)

Financial Statements for the Year Ended 28 February 2026

for

R G Electrical (Scotland) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Geddes

K Smith

J T Taylor

REGISTERED OFFICE:

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

REGISTERED NUMBER:

SC351836 (Scotland)

ACCOUNTANTS:

J M Taylor

7 Ythan Terrace

Ellon

Aberdeenshire

AB41 9LJ

FIXED ASSETS

Tangible assets

4

26,150

38,192

CURRENT ASSETS

Stocks

14,900

186,661

Debtors

5

368,591

240,950

Cash at bank

1,269,348

1,248,637

1,652,839

1,676,248

CREDITORS

Amounts falling due within one year

6

315,626

422,301

NET CURRENT ASSETS

1,337,213

1,253,947

TOTAL ASSETS LESS CURRENT LIABILITIES

1,363,363

1,292,139

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,363,263

1,292,039

SHAREHOLDERS' FUNDS

1,363,363

1,292,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 8 October 2026 and were signed on its behalf by:

R Geddes - Director

1.	STATUTORY INFORMATION

R G Electrical (Scotland) Ltd is a private company, limited by shares , registered in Scotland. 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 etc

-

25% on cost

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.

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 15 (2025 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

188,208

DEPRECIATION

At 1 March 2025

150,016

Charge for year

12,042

At 28 February 2026

162,058

NET BOOK VALUE

At 28 February 2026

26,150

At 28 February 2025

38,192

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

358,304

189,667

Other debtors

10,287

51,283

368,591

240,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

821

511

Trade creditors

124,626

184,038

Taxation and social security

169,200

214,689

Other creditors

20,979

23,063

315,626

422,301

7.	RELATED PARTY DISCLOSURES

During the year the director Mr R Geddes loaned the company net amounts totalling £296. This amount remained outstanding at 28th February 2026

8.	ULTIMATE CONTROLLING PARTY

The controlling party is R G Electrical Trustee Limited.

9.	EMPLOYEE BENEFIT TRUST

On the 5th February 2024, 95% of the issued share capital of R G Electrical (Scotland) Ltd was sold and is now an "employee owned company". To achieve this aim a new company named R G Electrical Trustee Ltd was incorporated which owns 95% of the share capital of R G Electrical (Scotland) Ltd as sole corporate trustee of the Employee Ownership Trust (the "EOT").

Payments made to the EOT have been disclosed as a gift of profits from the company, disclosure is made via the Statement of Changes in Equity under 'Other Comprehensive Income'.