REGISTERED NUMBER: 05230698 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2025 TO 31 MARCH 2026

FOR

YORVIK ELECTRICAL CONTRACTORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Benjamin Jon Skilbeck

REGISTERED OFFICE:

Swan House

Little Hallfield Road

York

North Yorkshire

YO31 7XP

REGISTERED NUMBER:

05230698 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

Lawrence House

James Nicolson Link

Clifton Moor

York

North Yorkshire

YO30 4WG

FIXED ASSETS

Tangible assets

4

20,054

19,260

CURRENT ASSETS

Stocks

5

486,214

372,319

Debtors

6

79,861

237,061

Cash at bank and in hand

281,750

387,605

847,825

996,985

CREDITORS

Amounts falling due within one year

7

261,377

192,784

NET CURRENT ASSETS

586,448

804,201

TOTAL ASSETS LESS CURRENT LIABILITIES

606,502

823,461

PROVISIONS FOR LIABILITIES

5,014

4,814

NET ASSETS

601,488

818,647

CAPITAL AND RESERVES

Called up share capital

9,720

9,720

Profit and loss account

591,768

808,927

SHAREHOLDERS' FUNDS

601,488

818,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 August 2026 and were signed by:

Benjamin Jon Skilbeck - Director

1.	STATUTORY INFORMATION

Yorvik Electrical Contractors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, 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% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 period comprises current and deferred tax. 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 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 period 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.

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.

Income recognition

Income is recognised when goods and services have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 17 (2025 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 October 2025

63,022

63,705

13,658

140,385

Additions

-

9,000

-

9,000

Disposals

-

(5,495

)

-

(5,495

)

At 31 March 2026

63,022

67,210

13,658

143,890

DEPRECIATION

At 1 October 2025

61,707

48,617

10,801

121,125

Charge for period

329

5,642

714

6,685

Eliminated on disposal

-

(3,974

)

-

(3,974

)

At 31 March 2026

62,036

50,285

11,515

123,836

NET BOOK VALUE

At 31 March 2026

986

16,925

2,143

20,054

At 30 September 2025

1,315

15,088

2,857

19,260

5.

STOCKS

2026

2025

£

£

Stocks

6,610

9,093

Work-in-progress

479,604

363,226

486,214

372,319

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

50,554

62,487

Amounts owed by associates

-

159,900

Other debtors

5,750

-

Prepayments and accrued income

23,557

14,674

79,861

237,061

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

75,033

53,788

Tax

118,333

90,019

Social security and other taxes

13,039

13,000

VAT

2,385

10,891

Other creditors

4,094

5,572

Directors' loan accounts

1,776

12,757

Accruals and deferred income

46,717

6,757

261,377

192,784

8.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, there were non-cancellable operating leases totalling £160,012 (2025: £217,734).

9.	RELATED PARTY DISCLOSURES

At 31 March 2026 the company was owed a sum of £Nil (2025: £159,900) from a related party. The amount is unsecured, interest free and repayable on demand.

10.	PENSION CONTRIBUTIONS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund during the period and amounted to £28,253 (2025: £9,935). Contributions totalling £914 (2025: £859) were payable to the fund at the year end and are included in creditors.