CMB Electrical Bristol Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

CMB Electrical Bristol Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07259504 . The registered office is 1 Alexandra Gate, Ffordd Pengam Tremorfa, Cardiff, S Glam, CF24 2SA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

25% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2025: 18)

Page 2

Page 3

CMB Electrical Bristol Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 April 2025	20,829
Additions	20,175

As at 31 March 2026	41,004

Depreciation
As at 1 April 2025	3,472
Provided during the period	6,272

As at 31 March 2026	9,744

Net Book Value
As at 31 March 2026	31,260

As at 1 April 2025	17,357

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	498,805	280,586
Amounts owed by participating interests	2,050,000	1,736,766
Other debtors	118,812	19,612

	2,667,617	2,036,964

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	260,163	-
Bank loans and overdrafts	-	104,951
Amounts owed to participating interests	209,279	411,354
Other creditors	1,005,252	437,698
Taxation and social security	225,626	159,492

	1,700,320	1,113,495

7. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	-		104,951

Page 3

Page 4

CMB Electrical Bristol Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2,000	2,000

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

The above loan is unsecured, interest free and repayable on demand.

10. Related Party Transactions

During the year the company provided services to its parent company. The value of these services was £2,034,586 (2025 - £2,049,742). The related company also cross charged management charges amounting to £90,780 (2025 - £142,584) for administration and insurance. At the balance sheet date the amount due from the parent company was £2,050,000 (2025 - £1,736,766).

During the year the company provided an unsecured, interest free, repayable on demand loan to its related party companies. At the balance sheet date the amount due to the related party companies was £209,279 (2025 - £411,354).

During the year, the Company made unsecured interest free loans repayable on demans of 2026: £100,000 (2025: £Nil) equaally each to two directors, Lee Chapman and Craig Baker. The loans were made on normal commercial terms and were outstanding at the year end. Both loans were repaid in full on 1 April 2026.

11. Audit Information

The auditor's report on the accounts of CMB Electrical Bristol Limited for the year ended 31 March 2026 was unqualified.

The auditor's report was signed by Mr Andrew Hill FCCA ACA DChA BFP (Senior Statutory Auditor) for and on behalf of HSJ Audit Limited , Statutory Auditor.

HSJ Audit Limited

Severn House

Hazell Drive

Newport

NP10 8FY

Page 4

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,260		17,357

			31,260		17,357
CURRENT ASSETS
Debtors	5	2,667,617		2,036,964
Cash at bank and in hand		46,592		-

		2,714,209		2,036,964
Creditors: Amounts Falling Due Within One Year	6	(1,700,320 )		(1,113,495 )

NET CURRENT ASSETS (LIABILITIES)			1,013,889		923,469

TOTAL ASSETS LESS CURRENT LIABILITIES			1,045,149		940,826

NET ASSETS			1,045,149		940,826

CAPITAL AND RESERVES
Called up share capital	8		2,000		2,000
Profit and Loss Account			1,043,149		938,826

SHAREHOLDERS' FUNDS			1,045,149		940,826