REGISTERED NUMBER: 13354395 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2026

for

MJBoon Electrical Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M J Boon

REGISTERED OFFICE:

40 Perry Orchard

Upton St. Leonards

Gloucester

Gloucestershire

GL4 8DQ

REGISTERED NUMBER:

13354395 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

FIXED ASSETS

Tangible assets

4

19,404

24,549

CURRENT ASSETS

Stocks

2,125

2,483

Debtors

5

5,779

6,228

Cash at bank

10,360

10,059

18,264

18,770

CREDITORS

Amounts falling due within one year

6

22,484

21,494

NET CURRENT LIABILITIES

(4,220

)

(2,724

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,184

21,825

CREDITORS

Amounts falling due after more than one year

7

(3,750

)

(8,750

)

PROVISIONS FOR LIABILITIES

(3,028

)

(3,863

)

NET ASSETS

8,406

9,212

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,306

9,112

SHAREHOLDERS' FUNDS

8,406

9,212

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 director acknowledges his 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 director and authorised for issue on 21 September 2026 and were signed by:

M J Boon - Director

1.	STATUTORY INFORMATION

MJBoon Electrical 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.

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

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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.

Taxation

Taxation for the year comprises current 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 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 statement of financial position date.

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.

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

Despite net current liabilities of £4,220 at 30 April 2026 (2025 - £2,724), the accounts have been prepared on a going concern basis.

The director has reviewed future cash flows and expressed their willingness to financially support the company for the foreseeable future and therefore consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 May 2025

31,987

721

32,708

Additions

1,333

178

1,511

At 30 April 2026

33,320

899

34,219

Depreciation

At 1 May 2025

7,896

263

8,159

Charge for year

6,356

300

6,656

At 30 April 2026

14,252

563

14,815

Net book value

At 30 April 2026

19,068

336

19,404

At 30 April 2025

24,091

458

24,549

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

Plant and

machinery

£

Cost

At 1 May 2025

and 30 April 2026

22,758

Depreciation

At 1 May 2025

1,897

Charge for year

5,215

At 30 April 2026

7,112

Net book value

At 30 April 2026

15,646

At 30 April 2025

20,861

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/26

30/4/25

£

£

Trade debtors

4,596

5,422

Other debtors

1,183

806

5,779

6,228

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/4/26

30/4/25

£

£

Hire purchase contracts

5,000

5,000

Trade creditors

2,399

3,064

Taxation and social security

13,967

12,399

Other creditors

1,118

1,031

22,484

21,494

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/4/26

30/4/25

£

£

Hire purchase contracts

3,750

8,750

8.	RELATED PARTY DISCLOSURES

At 30 April 2026, the company owed the director M J Boon £192 (2025 - £60). The balance owed, included within other creditors, is made of business expenses not yet reimbursed and declared dividends directly credited to the director's loan account. The unsecured loan balance is repayable to the director on demand.