The Wooldale Electrical Company Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12503348 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

THE WOOLDALE ELECTRICAL COMPANY LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Halsall

D Stansfield

REGISTERED OFFICE:

Highdale Cottage 217 Barnsley Road

Denby Dale

Huddersfield

West Yorkshire

HD8 8TS

REGISTERED NUMBER:

12503348 (England and Wales)

ACCOUNTANTS:

Highdale Accounting Ltd

Highdale Cottage

217 Barnsley Road

Denby Dale

Huddersfield

West Yorkshire

HD8 8TS

FIXED ASSETS

Property, plant and equipment

4

27,922

615

CURRENT ASSETS

Inventories

6,232

-

Debtors

5

50,058

36,207

Cash at bank

124,003

79,553

180,293

115,760

CREDITORS

Amounts falling due within one year

6

120,631

81,946

NET CURRENT ASSETS

59,662

33,814

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,584

34,429

CREDITORS

Amounts falling due after more than one
year

7

19,853

-

NET ASSETS

67,731

34,429

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

67,631

34,329

67,731

34,429

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 16 October 2026 and were signed on its behalf by:

P Halsall - Director

1.	STATUTORY INFORMATION

The Wooldale Electrical Company 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Revenue 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

-

33% on cost and 20% on reducing balance

Stocks

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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 3 (2025 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

1,442

175

-

2,524

4,141

Additions

-

32,001

-

32,001

At 31 March 2026

1,442

175

32,001

2,524

36,142

DEPRECIATION

At 1 April 2025

1,269

79

-

2,178

3,526

Charge for year

62

19

4,267

346

4,694

At 31 March 2026

1,331

98

4,267

2,524

8,220

NET BOOK VALUE

At 31 March 2026

111

77

27,734

-

27,922

At 31 March 2025

173

96

-

346

615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

35,952

18,247

Other debtors

14,106

17,960

50,058

36,207

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Hire purchase contracts (see note 8)

5,592

-

Trade creditors

65,664

26,945

Taxation and social security

32,301

13,509

Other creditors

17,074

41,492

120,631

81,946

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Hire purchase contracts (see note 8)

19,853

-

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

Net obligations repayable:

Within one year

5,592

-

Between one and five years

19,853

-

25,445

-

Non-cancellable

operating leases

2026

2025

£

Within one year

1,850

7,486

Between one and five years

-

1,850

9,336

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

P Halsall

Balance outstanding at start of year

27

(99

)

Amounts advanced

66,139

61,828

Amounts repaid

(66,076

)

(61,702

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

90

27