REGISTERED NUMBER: 05229690 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

EAST MIDLANDS ELECTRICAL CONTRACTORS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Hill

A B Derry

REGISTERED OFFICE:

4 Bishops Meadow Road

Loughborough

Leicestershire

LE11 5RE

REGISTERED NUMBER:

05229690 (England and Wales)

ACCOUNTANTS:

Vaughan Davies & Co (Accountants) Ltd

Unit 1-3, Willow Park

Upton Lane

Stoke Golding

Nuneaton

Warwickshire

CV13 6EU

FIXED ASSETS

Tangible assets

4

311,144

198,955

CURRENT ASSETS

Stocks

149,831

40,000

Debtors

5

1,016,413

2,854,272

Cash at bank

86,833

432,735

1,253,077

3,327,007

CREDITORS

Amounts falling due within one year

6

541,707

2,392,943

NET CURRENT ASSETS

711,370

934,064

TOTAL ASSETS LESS CURRENT LIABILITIES

1,022,514

1,133,019

CREDITORS

Amounts falling due after more than one year

7

13,261

23,284

NET ASSETS

1,009,253

1,109,735

CAPITAL AND RESERVES

Called up share capital

37

37

Retained earnings

1,009,216

1,109,698

SHAREHOLDERS' FUNDS

1,009,253

1,109,735

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 19 November 2025 and were signed on its behalf by:

S D Hill - Director

1.	STATUTORY INFORMATION

EAST MIDLANDS ELECTRICAL CONTRACTORS 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

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 18 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

8,988

18,707

179,100

29,147

235,942

Additions

-

1,591

169,166

1,615

172,372

At 31 March 2025

8,988

20,298

348,266

30,762

408,314

DEPRECIATION

At 1 April 2024

5,032

14,719

3,731

13,505

36,987

Charge for year

791

947

55,857

2,588

60,183

At 31 March 2025

5,823

15,666

59,588

16,093

97,170

NET BOOK VALUE

At 31 March 2025

3,165

4,632

288,678

14,669

311,144

At 31 March 2024

3,956

3,988

175,369

15,642

198,955

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

846,665

2,735,880

Amounts owed by group undertakings

15,000

-

Other debtors

154,748

118,392

1,016,413

2,854,272

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts and finance leases

128,525

122,443

Trade creditors

393,308

791,150

Taxation and social security

17,592

142,785

Other creditors

2,282

1,336,565

541,707

2,392,943

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

13,261

23,284