REGISTERED NUMBER: 04909177 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TRIBO ELECTRICAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Hilliard

Mr J Hilliard (Jnr)

REGISTERED OFFICE:

14 Aigburth Hall Road

Liverpool

Merseyside

L19 9DQ

REGISTERED NUMBER:

04909177 (England and Wales)

ACCOUNTANTS:

Malthouse & Company Chartered Accountants

America House, Rumford Court

Rumford Place

Liverpool

Merseyside

L3 9DD

FIXED ASSETS

Tangible assets

4

3,695

4,927

CURRENT ASSETS

Stocks

7,500

7,500

Debtors

5

15,389

16,697

Cash at bank

20,930

30,302

43,819

54,499

CREDITORS

Amounts falling due within one year

6

27,819

35,204

NET CURRENT ASSETS

16,000

19,295

TOTAL ASSETS LESS CURRENT LIABILITIES

19,695

24,222

PROVISIONS FOR LIABILITIES

676

676

NET ASSETS

19,019

23,546

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

18,919

23,446

SHAREHOLDERS' FUNDS

19,019

23,546

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2025 and were signed on its behalf by:

Mr J Hilliard - Director

1.	STATUTORY INFORMATION

Tribo Electrical Limited 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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

STOCKS

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

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

161

2,263

15,500

17,924

DEPRECIATION

At 1 April 2024

155

2,247

10,595

12,997

Charge for year

1

4

1,227

1,232

At 31 March 2025

156

2,251

11,822

14,229

NET BOOK VALUE

At 31 March 2025

5

12

3,678

3,695

At 31 March 2024

6

16

4,905

4,927

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,530

14,295

Other debtors

2,859

2,402

15,389

16,697

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

6,833

12,675

Trade creditors

4,419

3,582

Taxation and social security

2,169

3,672

Other creditors

14,398

15,275

27,819

35,204

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

50

Ordinary 'A'

£1

50

50

50

Ordinary 'B'

£1

50

50

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

23,446

Profit for the year

473

Dividends

(5,000

)

At 31 March 2025

18,919

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mr J Hilliard

Balance outstanding at start of year

(10,452

)

(10,021

)

Amounts advanced

257

1,089

Amounts repaid

(520

)

(1,520

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,715

)

(10,452

)

Mr J Hilliard (Jnr)

Balance outstanding at start of year

(1,720

)

(7,971

)

Amounts advanced

6,045

11,251

Amounts repaid

(5,000

)

(5,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(675

)

(1,720

)

10.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by the directors.