REGISTERED NUMBER: 03901927 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

WS ELECTRICAL (YORK) LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

67,275

208,817

CURRENT ASSETS

Stocks

5

-

48,386

Debtors

6

773,248

716,859

Cash at bank and in hand

271,808

195,131

1,045,056

960,376

CREDITORS

Amounts falling due within one year

7

402,851

354,436

NET CURRENT ASSETS

642,205

605,940

TOTAL ASSETS LESS CURRENT LIABILITIES

709,480

814,757

CREDITORS

Amounts falling due after more than one year

8

-

(47,586

)

PROVISIONS FOR LIABILITIES

9

(2,287

)

(2,892

)

NET ASSETS

707,193

764,279

CAPITAL AND RESERVES

Called up share capital

215

215

Retained earnings

706,978

764,064

SHAREHOLDERS' FUNDS

707,193

764,279

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 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 27 October 2026 and were signed by:

Mr W D Scott - Director

1.	STATUTORY INFORMATION

WS Electrical (York) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03901927

Registered office:

Unit 10, Escrick Business Park

Escrick

York

North Yorkshire

YO19 6FD

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.

These 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 £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable in respect of income received from electrical contracting services. Turnover excludes 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

-

25% Reducing balance

Fixtures and fittings

-

33% on reducing balance

Motor vehicles

-

25% Reducing balance

Stocks

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.

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

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.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 February 2025

184,607

48,219

138,666

45,120

416,612

Additions

-

-

157

49,600

49,757

Disposals

(184,607

)

-

-

-

(184,607

)

At 31 January 2026

-

48,219

138,823

94,720

281,762

DEPRECIATION

At 1 February 2025

-

46,200

131,065

30,530

207,795

Charge for year

-

505

2,539

3,648

6,692

At 31 January 2026

-

46,705

133,604

34,178

214,487

NET BOOK VALUE

At 31 January 2026

-

1,514

5,219

60,542

67,275

At 31 January 2025

184,607

2,019

7,601

14,590

208,817

5.

STOCKS

2026

2025

£

£

Work-in-progress

-

48,386

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

70,470

137,603

Other debtors

702,778

579,256

773,248

716,859

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

4,409

25,913

Trade creditors

107,026

145,805

Taxation and social security

41,792

75,884

Other creditors

249,624

106,834

402,851

354,436

One of the bank loans falling due within one year is secured by fixed and floating charges over the asset to which it relates as at the year end this stands at nil (2025: £15,656).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

47,586

One of the bank loans falling due after one year is secured by fixed and floating charges over the asset to which it relates. As at the year end this stands at nil (2025: £43,037).

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

2,287

2,892

Deferred

tax

£

Balance at 1 February 2025

2,892

Credit to Income Statement during year

(605

)

Balance at 31 January 2026

2,287

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

Mr W D Scott

Balance outstanding at start of year

88,438

87,371

Amounts advanced

251,962

98,891

Amounts repaid

(188,924

)

(97,824

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

151,476

88,438