REGISTERED NUMBER: 08965616 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

ELECTRICAL CONCEPTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K Clark

M F Culver

J J Haines

SECRETARY:

Mrs R J Clark

REGISTERED OFFICE:

May Lodge

Park Lane

Cane End

Reading

Berkshire

RG4 9HP

REGISTERED NUMBER:

08965616 (England and Wales)

ACCOUNTANTS:

Arcadian Accounting Ltd

152 Kidmore End Road

Emmer Green

Reading

Berkshire

RG4 8SP

FIXED ASSETS

Tangible assets

4

19,214

293

CURRENT ASSETS

Debtors

5

226,081

156,482

Cash at bank

579,999

585,643

806,080

742,125

CREDITORS

Amounts falling due within one year

6

98,278

95,075

NET CURRENT ASSETS

707,802

647,050

TOTAL ASSETS LESS CURRENT LIABILITIES

727,016

647,343

PROVISIONS FOR LIABILITIES

4,804

73

NET ASSETS

722,212

647,270

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

722,062

647,120

SHAREHOLDERS' FUNDS

722,212

647,270

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2026 and were signed on its behalf by:

K Clark - Director

1.	STATUTORY INFORMATION

ELECTRICAL CONCEPTS 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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2025

1,223

Additions

25,326

At 31 May 2026

26,549

DEPRECIATION

At 1 June 2025

930

Charge for year

6,405

At 31 May 2026

7,335

NET BOOK VALUE

At 31 May 2026

19,214

At 31 May 2025

293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

222,112

152,239

Prepayments

3,969

4,243

226,081

156,482

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

52,716

62,712

Tax

33,286

19,872

Social security and other taxes

4,562

3,622

VAT

2,039

4,159

Other creditors

1,275

660

Accrued expenses

4,400

4,050

98,278

95,075

7.	RELATED PARTY DISCLOSURES

The company is a subsidiary company of Lan Concepts Ltd (which holds 66.67% of the issued share capital), which is also ultimately under the control of Mr Kevin Clark, Mrs Rebecca Clark and Mr Mark Culver.

At 31st May 2026 the company owed £6,599 (2025 £5,017) to Lan Concepts Ltd in respect of arm's length transactions between the two companies.

The total amount of transactions between the two companies were as follows:

£6,281 - purchases (2025: £4,709)

£306 - sales (2025: £0)

The company is a related party of Property Concepts (Southern) Ltd (a subsidiary of Lan Concepts Ltd which holds 100% of the issued share capital), which is also ultimately under the control of Mr Kevin Clark, Mrs Rebecca Clark and Mr Mark Culver.

There were no transactions between the companies during the year ending 31st May 2026.

8.	ULTIMATE CONTROLLING PARTY

Lan Concepts Ltd (66.67%) and Mr Jason Haines (33.33%) together own 100% of the Issued share capital of the company. Kevin Clark (35%), Mark Culver (35%) and Rebecca Clark (30%) together own 100% of the Issued share capital of Lan Concepts Ltd.

Mr Jason Haines is also a director of the company.