Registration number: 15803333

Electrics Group Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 5

Electrics Group Limited

Company Information

Director

J Higginson

Registered office

130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Electrics Group Limited

Statement of Financial Position as at 30 June 2026

	Note	2026 £	2025 £
Fixed assets
Investments	4	1,407,000	1,407,000
Current assets
Debtors	5	100	100
Cash at bank and in hand		7,641	29,400
		7,741	29,500
Creditors: Amounts falling due within one year	6	(1,378,235)	(1,396,262)
Net current liabilities		(1,370,494)	(1,366,762)
Net assets		36,506	40,238
Capital and reserves
Called up share capital		100	100
Retained earnings		36,406	40,138
Shareholders' funds		36,506	40,238

For the financial year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Electrics Group Limited has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 26 October 2026
 

.........................................

J Higginson

Director

Company registration number: 15803333

Electrics Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of an investment holding company.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Group accounts not prepared

In the opinion of the director, the company and its subsidiary undertaking comprise a small group. The company has therefore taken advantage of the exemption provided by Section 399 of the Companies Act 2006 not to prepare group accounts.

Disclosure of long or short period

The financial statements are prepared for the year ended 30 June 2026. The comparative figures relate to the period from 26 June 2024 to 30 June 2025.

Going concern

The company made a loss for the year ended 30 June 2026 and had net assets at that date of £36,506, but net current liabilities of £1,370,494.

The company is supported by its subsidiary undertaking which has sufficient resources to meet the company's working capital requirements. At 30 June 2026, an amount of £324,590 was due to the subsidiary. The director does not consider that repayment of this balance will be required within the foreseeable future and has taken into account the subsidiary undertaking's financial resources and expected future trading performance when assessing the company's ability to continue as a going concern.

After making enquiries and taking into account the above, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Electrics Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2025 - 0).

Electrics Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2026

4	Investments

	2026 £	2025 £
Investments in subsidiaries	1,407,000	1,407,000