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Registered number: 12442049
Bartlett Electrical Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
Hargreaves & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12442049
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 43,742 10,335
43,742 10,335
CURRENT ASSETS
Debtors 5 70,378 38,794
Cash at bank and in hand 41,475 58,012
111,853 96,806
Creditors: Amounts Falling Due Within One Year 6 (92,087 ) (56,382 )
NET CURRENT ASSETS (LIABILITIES) 19,766 40,424
TOTAL ASSETS LESS CURRENT LIABILITIES 63,508 50,759
NET ASSETS 63,508 50,759
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 63,507 50,758
SHAREHOLDERS' FUNDS 63,508 50,759
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexander Bartlett
Director
30 October 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bartlett Electrical Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12442049 . The registered office is The Charmwood Centre, Southampton Road, Bartley, Southampton, SO40 2NA.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Plant & Machinery 25% Reducing balance method
Motor Vehicles 25% Reducing balance method
Computer Equipment 33% Straight line method
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.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the  was: 3 (2025: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2025 4,477 21,134 4,631 30,242
Additions - 42,167 833 43,000
As at 31 January 2026 4,477 63,301 5,464 73,242
Depreciation
As at 1 February 2025 3,108 12,706 4,093 19,907
Provided during the period 342 8,663 588 9,593
As at 31 January 2026 3,450 21,369 4,681 29,500
Net Book Value
As at 31 January 2026 1,027 41,932 783 43,742
As at 1 February 2025 1,369 8,428 538 10,335
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 69,281 37,341
CIS sufferred 1,097 1,453
70,378 38,794
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 6,690 11,654
Bank loans and overdrafts 38,435 -
Pension - 444
Corporation tax 1,650 4,041
Other taxes and social security - 223
VAT 21,329 16,376
Net wages 1,759 1,647
Other creditors (1) - 151
Accruals and deferred income 3,646 3,596
Director's loan account 18,578 18,250
92,087 56,382
Page 4
Page 5
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
Page 5