| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2025 |
| FOR |
| J. G. ELECTRICAL LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 28TH FEBRUARY 2025 |
| FOR |
| J. G. ELECTRICAL LIMITED |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 28th February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| J. G. ELECTRICAL LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 28th February 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 3 Quarry Close |
| Green Lane |
| Leatherhead |
| Surrey |
| KT22 8US |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| BALANCE SHEET |
| 28th February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| BALANCE SHEET - continued |
| 28th February 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 28th February 2025 |
| 1. | STATUTORY INFORMATION |
| J. G. Electrical Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Improvements to property | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 28th February 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | Plant and | and |
| property | machinery | fittings |
| £ | £ | £ |
| COST |
| At 1st March 2024 |
| Additions |
| Disposals |
| At 28th February 2025 |
| DEPRECIATION |
| At 1st March 2024 |
| Charge for year |
| Eliminated on disposal |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1st March 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 28th February 2025 |
| DEPRECIATION |
| At 1st March 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 28th February 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Motor |
| vehicles |
| £ |
| COST |
| At 1st March 2024 |
| Additions |
| At 28th February 2025 |
| DEPRECIATION |
| At 1st March 2024 |
| Charge for year |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| Other creditors |
| J. G. ELECTRICAL LIMITED (REGISTERED NUMBER: 03710472) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 28th February 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | - | 1,852 |