1 August 2021 false No description of principal activity Taxfiler 2023.9 SC635141 business:PrivateLimitedCompanyLtd 2021-08-01 2022-07-31 SC635141 2021-07-31 SC635141 2021-08-01 2022-07-31 SC635141 business:AuditExempt-NoAccountantsReport 2021-08-01 2022-07-31 SC635141 business:FilletedAccounts 2021-08-01 2022-07-31 SC635141 2022-07-31 SC635141 business:Director1 2021-08-01 2022-07-31 SC635141 business:RegisteredOffice 2021-08-01 2022-07-31 SC635141 core:WithinOneYear 2022-07-31 SC635141 core:AfterOneYear 2022-07-31 SC635141 core:ShareCapital core:PreviouslyStatedAmount 2022-07-31 SC635141 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2022-07-31 SC635141 core:PreviouslyStatedAmount 2022-07-31 SC635141 business:SmallEntities 2021-08-01 2022-07-31 SC635141 countries:Scotland 2021-08-01 2022-07-31 SC635141 core:PlantMachinery 2021-07-31 SC635141 core:FurnitureFittings 2021-07-31 SC635141 core:PlantMachinery 2022-07-31 SC635141 core:FurnitureFittings 2022-07-31 SC635141 core:PlantMachinery 2021-08-01 2022-07-31 SC635141 core:FurnitureFittings 2021-08-01 2022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC635141 (Scotland)
NEW SUB ELECTRICAL LTD Unaudited accounts for the year ended 31 July 2022
NEW SUB ELECTRICAL LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
NEW SUB ELECTRICAL LTD Company Information for the year ended 31 July 2022
Director
Willem Adolf MALAN
Company Number
SC635141 (Scotland)
Registered Office
14 Peregrine Drive Inverurie AB51 6AS Scotland
Accountants
Anna Sharlott EP Services Limited T/A EP Tax Unit 2D-2E Castledown Business Park Ludgershall Wiltshire SP11 9FA
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NEW SUB ELECTRICAL LTD Statement of financial position as at 31 July 2022
2022
Notes
£
Fixed assets
Tangible assets
4
2,758
Current assets
Cash at bank and in hand
5
Creditors: amounts falling due within one year
5
47,237
Net current assets
47,242
Total assets less current liabilities
50,000
Creditors: amounts falling due after more than one year
6
(50,000)
Net assets
-
Capital and reserves
Called up share capital
1
Profit and loss account
(1)
Shareholders' funds
-
For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 September 2023 and were signed on its behalf by
Willem Adolf MALAN Director Company Registration No. SC635141
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NEW SUB ELECTRICAL LTD Notes to the Accounts for the year ended 31 July 2022
1
Statutory information
NEW SUB ELECTRICAL LTD is a private company, limited by shares, registered in Scotland, registration number SC635141. The registered office is 14 Peregrine Drive, Inverurie, AB51 6AS, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2021
2,000
1,560
3,560
At 31 July 2022
2,000
1,560
3,560
Depreciation
At 1 August 2021
200
296
496
Charge for the year
180
126
306
At 31 July 2022
380
422
802
Net book value
At 31 July 2022
1,620
1,138
2,758
5
Creditors: amounts falling due within one year
2022
£
Taxes and social security
13,770
Loans from directors
(61,007)
(47,237)
6
Creditors: amounts falling due after more than one year
2022
£
Bank loans
50,000
- 5 -
NEW SUB ELECTRICAL LTD Notes to the Accounts for the year ended 31 July 2022
7
Average number of employees
During the year the average number of employees was 1.
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