REGISTERED NUMBER: 00491289 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Wilson Electric (Battersea) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G C Brooker

Ms C Brooker

D Falzarano

Mrs J M Plumbridge

SECRETARY:

Mrs J M Plumbridge

REGISTERED OFFICE:

51 Willow Lane

Willow Lane Industrial Estate

Mitcham

Surrey

CR4 4NA

REGISTERED NUMBER:

00491289 (England and Wales)

ACCOUNTANTS:

Lawrence Chartered Accountants

Castle House

Park Road

Banstead

Surrey

SM7 3BT

FIXED ASSETS

Intangible assets

4

95,833

145,833

Tangible assets

5

1,288,711

1,249,167

Investments

6

200

200

1,384,744

1,395,200

CURRENT ASSETS

Stocks

572,945

570,620

Debtors

7

1,095,881

1,150,804

Cash at bank and in hand

64,563

91,081

1,733,389

1,812,505

CREDITORS

Amounts falling due within one year

8

1,030,490

1,121,598

NET CURRENT ASSETS

702,899

690,907

TOTAL ASSETS LESS CURRENT LIABILITIES

2,087,643

2,086,107

CREDITORS

Amounts falling due after more than one year

9

(257,316

)

(244,556

)

PROVISIONS FOR LIABILITIES

(320,686

)

(310,705

)

NET ASSETS

1,509,641

1,530,846

CAPITAL AND RESERVES

Called up share capital

950

1,000

Capital redemption reserve

(63,912

)

-

Retained earnings

1,572,603

1,529,846

SHAREHOLDERS' FUNDS

1,509,641

1,530,846

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 6 October 2026 and were signed on its behalf by:

Ms C Brooker - Director

1.	STATUTORY INFORMATION

Wilson Electric (Battersea) Limited 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Short leasehold

-

in accordance with the property

Improvements to property

-

5% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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 25 (2025 - 29 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

267,397

AMORTISATION

At 1 February 2025

121,564

Amortisation for year

50,000

At 31 January 2026

171,564

NET BOOK VALUE

At 31 January 2026

95,833

At 31 January 2025

145,833

5.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

£

£

COST

At 1 February 2025

537,643

268,483

208,432

Additions

-

27,905

11,927

Disposals

-

-

-

At 31 January 2026

537,643

296,388

220,359

DEPRECIATION

At 1 February 2025

91,671

112,471

145,014

Charge for year

8,271

8,487

18,048

Eliminated on disposal

-

-

-

At 31 January 2026

99,942

120,958

163,062

NET BOOK VALUE

At 31 January 2026

437,701

175,430

57,297

At 31 January 2025

445,972

156,012

63,418

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 February 2025

15,930

905,237

34,078

1,969,803

Additions

360

225,339

14,490

280,021

Disposals

-

(64,069

)

(23,878

)

(87,947

)

At 31 January 2026

16,290

1,066,507

24,690

2,161,877

DEPRECIATION

At 1 February 2025

9,959

336,491

25,030

720,636

Charge for year

609

167,469

4,398

207,282

Eliminated on disposal

-

(35,499

)

(19,253

)

(54,752

)

At 31 January 2026

10,568

468,461

10,175

873,166

NET BOOK VALUE

At 31 January 2026

5,722

598,046

14,515

1,288,711

At 31 January 2025

5,971

568,746

9,048

1,249,167

A legal charge is being held over the cost of the Leasehold Property. The property was purchased for £537,643 on 22 January 2014 and being written down over 65 years.

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

Motor

vehicles

£

COST

At 1 February 2025

641,104

Additions

225,339

Disposals

(64,069

)

Transfer to ownership

(75,490

)

At 31 January 2026

726,884

DEPRECIATION

At 1 February 2025

246,150

Charge for year

119,241

Eliminated on disposal

(35,499

)

Transfer to ownership

(49,946

)

At 31 January 2026

279,946

NET BOOK VALUE

At 31 January 2026

446,938

At 31 January 2025

394,954

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

and 31 January 2026

200

NET BOOK VALUE

At 31 January 2026

200

At 31 January 2025

200

The fixed asset investment represents a holding of 20% of the ordinary share capital of Wilson Electric (Motor Sales) Limited.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

887,552

1,026,812

Amounts owed by associates

-

623

Other debtors

208,329

123,369

1,095,881

1,150,804

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

398,909

161,991

Hire purchase contracts

118,530

80,393

Trade creditors

186,299

190,387

Amounts owed to associates

1,500

-

Taxation and social security

153,353

153,003

Other creditors

171,899

535,824

1,030,490

1,121,598

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

38,965

59,293

Hire purchase contracts

218,351

185,263

257,316

244,556

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

8,251

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank overdrafts

379,910

149,231

Bank loans

57,964

72,053

437,874

221,284

National Westminster Bank PLC has fixed charge by way of legal mortgage over 51 Willow Lane, Mitcham, CR4 4NA., and all legal interest in 51 Willow Lane, Mitcham, CR4 4NA land registry r.o. SGL270966.

Close Invoice Finance Ltd has fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

D Falzarano

Balance outstanding at start of year

-

-

Amounts advanced

64,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,000

-