EXALL ELECTRICAL LIMITED - Filleted accounts

Registered number

08844872

EXALL ELECTRICAL LIMITED

Filleted Accounts

31 January 2026

EXALL ELECTRICAL LIMITED
Registered number:		08844872
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		955,765			815,189

Current assets
Stocks		87,000			115,000
Debtors	4	353,311			505,022
Cash at bank and in hand		983,300			994,426
		1,423,611			1,614,448

Creditors: amounts falling due within one year	5	(280,126)			(312,896)

Net current assets			1,143,485			1,301,552

Total assets less current liabilities			2,099,250			2,116,741

Creditors: amounts falling due after more than one year	6		(48,019)			-



Net assets			2,051,231			2,116,741

Capital and reserves
Called up share capital			100			100
Profit and loss account			2,051,131			2,116,641

Shareholders' funds			2,051,231			2,116,741

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr I D Exall
Director
Approved by the board on 27 September 2026

EXALL ELECTRICAL LIMITED
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			20% reducing balance
	Motor Vehicles			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					4		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	538,942		223,498		279,943		1,042,383
	Additions	-		242,720		139,934		382,654
	Disposals	-		(178,065)		(198,383)		(376,448)
	At 31 January 2026	538,942		288,153		221,494		1,048,589

	Depreciation
	At 1 February 2025	-		84,552		142,642		227,194
	Charge for the year	-		15,333		25,021		40,354
	On disposals	-		(61,499)		(113,225)		(174,724)
	At 31 January 2026	-		38,386		54,438		92,824

	Net book value
	At 31 January 2026	538,942		249,767		167,056		955,765
	At 31 January 2025	538,942		138,946		137,301		815,189


4	Debtors					2026		2025
£							£

	Trade debtors					332,709		484,574
	Other debtors					20,602		20,448
						353,311		505,022


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Trade creditors					215,945		64,146
	Corporation tax					47,857		133,133
	Other taxes and social security costs					10,846		113,272
	Other creditors					5,478		2,345
						280,126		312,896


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Obligations under finance lease and hire purchase contracts					48,019		-


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr I D Exall
	Directors loan account	(57)		155,090		(155,880)		(847)

	Ms T A Lever
	Directors loan account	(639)		41,993		(41,900)		(546)

		(696)		197,083		(197,780)		(1,393)


8	Controlling party

	The company is ultimately controlled by the directors by virtue of their shareholding.


9	Other information

	EXALL ELECTRICAL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	4 The Bowls
	Gelli Lane
	Pontllanfraith
	Blackwood
	NP12 2PZ