1 March 2022 false No description of principal activity Taxfiler 2023.10 09461528business:PrivateLimitedCompanyLtd2022-03-012023-02-28 094615282022-02-28 094615282022-03-012023-02-28 09461528business:AuditExemptWithAccountantsReport2022-03-012023-02-28 09461528business:FilletedAccounts2022-03-012023-02-28 094615282023-02-28 09461528business:Director12022-03-012023-02-28 09461528business:Director22022-03-012023-02-28 09461528business:RegisteredOffice2022-03-012023-02-28 094615282022-02-28 09461528core:WithinOneYear2023-02-28 09461528core:WithinOneYear2022-02-28 09461528core:AfterOneYear2023-02-28 09461528core:AfterOneYear2022-02-28 09461528core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09461528core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 09461528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09461528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 09461528core:PreviouslyStatedAmount2023-02-28 09461528core:PreviouslyStatedAmount2022-02-28 09461528business:SmallEntities2022-03-012023-02-28 09461528countries:EnglandWales2022-03-012023-02-28 09461528core:PlantMachinery2022-03-012023-02-28 09461528core:MotorVehicles2022-03-012023-02-28 09461528core:PlantMachinery2022-02-28 09461528core:MotorVehicles2022-02-28 09461528core:PlantMachinery2023-02-28 09461528core:MotorVehicles2023-02-28 094615282021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09461528 (England and Wales)
Williams Electrical Contractors (Cymru) Ltd Unaudited accounts for the year ended 28 February 2023
Williams Electrical Contractors (Cymru) Ltd Unaudited accounts Contents
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Williams Electrical Contractors (Cymru) Ltd Company Information for the year ended 28 February 2023
Directors
Mr D W Williams Mr S A Williams
Company Number
09461528 (England and Wales)
Registered Office
Picton House Maesybont Road Gorslas Llanelli Carmarthenshire SA14 7NA Wales
Accountants
Waltwood Accountants 46 Gurnos Road Ystalyfera Swansea SA9 2HY
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Williams Electrical Contractors (Cymru) Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
65,091 
85,882 
Current assets
Inventories
41,000 
78,000 
Debtors
560,631 
245,417 
Cash at bank and in hand
123,808 
166,097 
725,439 
489,514 
Creditors: amounts falling due within one year
(515,349)
(329,665)
Net current assets
210,090 
159,849 
Total assets less current liabilities
275,181 
245,731 
Creditors: amounts falling due after more than one year
(58,984)
(88,309)
Net assets
216,197 
157,422 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
216,196 
157,421 
Shareholders' funds
216,197 
157,422 
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 12 November 2023 and were signed on its behalf by
Mr D W Williams Director Company Registration No. 09461528
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Williams Electrical Contractors (Cymru) Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Williams Electrical Contractors (Cymru) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09461528. The registered office is Picton House, Maesybont Road, Gorslas, Llanelli, Carmarthenshire, SA14 7NA, Wales.
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 remained unchanged from the previous year, and also 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
40,134 
136,014 
176,148 
Additions
906 
- 
906 
At 28 February 2023
41,040 
136,014 
177,054 
Depreciation
At 1 March 2022
20,191 
70,075 
90,266 
Charge for the year
5,212 
16,485 
21,697 
At 28 February 2023
25,403 
86,560 
111,963 
Net book value
At 28 February 2023
15,637 
49,454 
65,091 
At 28 February 2022
19,943 
65,939 
85,882 
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Williams Electrical Contractors (Cymru) Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
44,010 
- 
Trade debtors
516,621 
217,649 
Other debtors
- 
27,768 
560,631 
245,417 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
19,839 
19,290 
Obligations under finance leases and hire purchase contracts
8,774 
13,897 
Trade creditors
227,940 
170,752 
Taxes and social security
142,693 
123,293 
Loans from directors
116,103 
2,433 
515,349 
329,665 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
47,534 
67,373 
Obligations under finance leases and hire purchase contracts
11,450 
20,936 
58,984 
88,309 
8
Average number of employees
During the year the average number of employees was 15 (2022: 19).
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