Spartek Electrical Ltd

Spartek Electrical Ltd
Balance Sheet
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	33,484	40,834
		33,484	40,834
Current assets
Debtors		43,594	31,738
Cash at bank and in hand		22,592	39,984
		66,186	71,722
Creditors: amount falling due within one year		(25,922)	(13,404)
Net current assets		40,264	58,318

Total assets less current liabilities		73,748	99,152
Creditors: amount falling due after more than one year		(24,037)	(30,264)
Net assets		49,711	68,888

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		49,611	68,788
Shareholders' funds		49,711	68,888

For the year ended 31 March 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 30 October 2026 and were signed by:

-------------------------------
Mr Paul Orton
Director

Spartek Electrical Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Spartek Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07056701, registration address 64 Castle Boulevard, Nottingham, Nottinghamshire, NG7 1FN.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	18% Reducing Balance
Office Equipment	18% Reducing Balance

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Motor Vehicles	Office Equipment	Total
	£	£	£
At 01 April 2025	66,985	1,339	68,324
Additions	-	-	-
Disposals	-	-	-
At 31 March 2026	66,985	1,339	68,324
Depreciation
At 01 April 2025	26,279	1,211	27,490
Charge for year	7,327	23	7,350
On disposals	-	-	-
At 31 March 2026	33,606	1,234	34,840
Net book values
Closing balance as at 31 March 2026	33,379	105	33,484
Opening balance as at 01 April 2025	40,706	128	40,834

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Ordinary shares of £1.00 each	100		100
	100		100

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)				Balance owed by/(owed to)
	2026 £		2025 £		2026 £		2025 £
Spartek Installations Limited	0		0		(14,477)		(11,977)

The company has directors in common with Spartek Installations Limited. At the balance sheet date, the company owed an interest free loan to Spartek Installations Limited, included within creditors due after more than one year.