Company registration number: 04612725
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
TME Electrical Contracting Ltd
Pages for filing with the Registrar
Company registration number: 04612725
TME Electrical Contracting Ltd
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 7,440 10,320
Tangible assets 5 305,662 237,046
313,102 247,366
Current assets
Stocks 11,000 11,000
Debtors 257,182 276,674
Cash at bank and in hand 91,158 37,252
359,340 324,926
Creditors: amounts falling due within one year
(259,818) (190,466)
Net current assets 99,522 134,460
Total assets less current liabilities 412,624 381,826
Creditors: Amounts falling due after more than one year
(47,520) (54,468)
Provisions for liabilities (74,200) (57,000)
NET ASSETS 290,904 270,358
Capital and reserves
Called up share capital 6 6
Profit and loss account 290,898 270,352
TOTAL EQUITY 290,904 270,358
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 04612725
TME Electrical Contracting Ltd
Balance sheet - continued
as at 31 October 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr T Edwards, Director
26 October 2026
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TME Electrical Contracting Ltd
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
TME Electrical Contracting Ltd is a private company registered in England and Wales. Its registered number is 04612725. The company is limited by shares. Its registered office is Unit 3, Min y Llyn, Aberystwyth, Wales, SY23 3NG.
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 historic cost convention.
Going concern
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the director considers appropriate.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 4% straight line
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 etc.:
Fixtures & fittings - 15% straight line
Motor vehicles - 25% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. 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.
3
TME Electrical Contracting Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably 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.
3 Average number of employees
During the year the average number of employees was 6 (2024 - 4).
4 Intangible assets
Goodwill
£
Cost
At 1 November 2024 72,000
At 31 October 2025 72,000
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TME Electrical Contracting Ltd
Notes to the financial statements - continued
for the year ended 31 October 2025
4 Intangible assets - continued
Amortisation
At 1 November 2024 61,680
Charge for year 2,880
At 31 October 2025 64,560
Net book value
At 31 October 2025 7,440
At 31 October 2024 10,320
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 November 2024 792,335
Additions 146,427
Disposals (12,549)
At 31 October 2025 926,213
Depreciation
At 1 November 2024 555,289
Charge for year 65,262
At 31 October 2025 620,551
Net book value
At 31 October 2025 305,662
At 31 October 2024 237,046
If Tangible fixed assets had not been revalued, it would have been included at the following historical cost:
2025 2024
£ £
Cost 926,429 -
Accumulated depreciation 620,490 -
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