REGISTERED NUMBER: SC527477 (Scotland)

Unaudited Financial Statements

for the Year Ended

31 March 2026

for

AM ELECTRICAL CONTRACTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A McLeish

Mrs K McLeish

REGISTERED OFFICE:

378 Brandon Street

Oakfield House

Motherwell

Lanarkshire

ML1 1XA

REGISTERED NUMBER:

SC527477 (Scotland)

ACCOUNTANTS:

WDM Associates

Oakfield House

378 Brandon Street

Motherwell

ML1 1XA

FIXED ASSETS

Tangible assets

4

44,594

56,589

CURRENT ASSETS

Debtors

5

205,762

92,518

Cash at bank

37,673

91,631

243,435

184,149

CREDITORS

Amounts falling due within one year

6

(159,220

)

(144,076

)

NET CURRENT ASSETS

84,215

40,073

TOTAL ASSETS LESS CURRENT LIABILITIES

128,809

96,662

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

128,709

96,562

128,809

96,662

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 October 2026 and were signed on its behalf by:

A McLeish - Director

1.	STATUTORY INFORMATION

AM Electrical Contracts 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

-

33% on cost

Computer equipment

-

33% on cost

Basic financial instruments

Basic financial instruments, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

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.

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 4 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

19,886

6,610

70,500

15,732

112,728

Additions

612

2,457

-

4,245

7,314

At 31 March 2026

20,498

9,067

70,500

19,977

120,042

DEPRECIATION

At 1 April 2025

13,857

2,592

28,875

10,815

56,139

Charge for year

2,914

744

11,100

4,551

19,309

At 31 March 2026

16,771

3,336

39,975

15,366

75,448

NET BOOK VALUE

At 31 March 2026

3,727

5,731

30,525

4,611

44,594

At 31 March 2025

6,029

4,018

41,625

4,917

56,589

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

194,260

86,225

Other debtors

11,502

6,293

205,762

92,518

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Hire purchase contracts

27,916

37,917

Trade creditors

51,544

34,136

Taxation and social security

35,965

28,256

Other creditors

43,795

43,767

159,220

144,076