IRIS Accounts Production v22.1.4.3 11696250 Board of Directors 1.1.21 31.12.21 31.12.21 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure116962502020-12-31116962502021-12-31116962502021-01-012021-12-31116962502019-12-31116962502020-01-012020-12-31116962502020-12-3111696250ns16:EnglandWales2021-01-012021-12-3111696250ns15:PoundSterling2021-01-012021-12-3111696250ns11:Director12021-01-012021-12-3111696250ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3111696250ns11:SmallEntities2021-01-012021-12-3111696250ns11:AuditExemptWithAccountantsReport2021-01-012021-12-3111696250ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3111696250ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3111696250ns11:FullAccounts2021-01-012021-12-3111696250ns11:Director22021-01-012021-12-3111696250ns11:RegisteredOffice2021-01-012021-12-3111696250ns6:CurrentFinancialInstruments2021-12-3111696250ns6:CurrentFinancialInstruments2020-12-3111696250ns6:ShareCapital2021-12-3111696250ns6:ShareCapital2020-12-3111696250ns6:RetainedEarningsAccumulatedLosses2021-12-3111696250ns6:RetainedEarningsAccumulatedLosses2020-12-3111696250ns6:PlantMachinery2020-12-3111696250ns6:MotorVehicles2020-12-3111696250ns6:PlantMachinery2021-01-012021-12-3111696250ns6:MotorVehicles2021-01-012021-12-3111696250ns6:PlantMachinery2021-12-3111696250ns6:MotorVehicles2021-12-3111696250ns6:PlantMachinery2020-12-3111696250ns6:MotorVehicles2020-12-3111696250ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3111696250ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-31
REGISTERED NUMBER: 11696250 (England and Wales)















M 2 Electrical Services Ltd

Unaudited Financial Statements for the Year Ended 31 December 2021






M 2 Electrical Services Ltd (Registered number: 11696250)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5


M 2 Electrical Services Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTORS: M A Jarvis
D Tuttlebee





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 11696250 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
M 2 Electrical Services Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of M 2 Electrical Services Ltd for the year ended 31 December 2021 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of M 2 Electrical Services Ltd, as a body, in accordance with the terms of our engagement letter dated 1 June 2021. Our work has been undertaken solely to prepare for your approval the financial statements of M 2 Electrical Services Ltd and state those matters that we have agreed to state to the Board of Directors of M 2 Electrical Services Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M 2 Electrical Services Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that M 2 Electrical Services Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of M 2 Electrical Services Ltd. You consider that M 2 Electrical Services Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of M 2 Electrical Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


Date: .............................................

M 2 Electrical Services Ltd (Registered number: 11696250)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,614 15,767

CURRENT ASSETS
Debtors 5 42,748 98,213
Cash at bank and in hand 17,055 69,389
59,803 167,602
CREDITORS
Amounts falling due within one year 6 60,545 168,226
NET CURRENT LIABILITIES (742 ) (624 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,872

15,143

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 11,572 14,843
11,872 15,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 11 August 2022 and were signed on its behalf by:





M A Jarvis - Director


M 2 Electrical Services Ltd (Registered number: 11696250)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

M 2 Electrical Services 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.

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 NIL (2020 - 2 ).

M 2 Electrical Services Ltd (Registered number: 11696250)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2021
and 31 December 2021 2,204 18,219 20,423
DEPRECIATION
At 1 January 2021 772 3,884 4,656
Charge for year 286 2,867 3,153
At 31 December 2021 1,058 6,751 7,809
NET BOOK VALUE
At 31 December 2021 1,146 11,468 12,614
At 31 December 2020 1,432 14,335 15,767

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors - 10,319
Other debtors 42,748 87,894
42,748 98,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 21,742 25,000
Hire purchase contracts 8,900 13,854
Taxation and social security 21,755 36,277
Other creditors 8,148 93,095
60,545 168,226

7. ULTIMATE CONTROLLING PARTY

The company is controlled by M2 Uk Holdings Limited.