2022-08-01 05831940 2023-07-31 05831940 2022-08-01 2023-07-31 05831940 2022-07-31 05831940 2021-08-01 2022-07-31 05831940 uk-core:WithinOneYear 2022-07-31 05831940 uk-core:WithinOneYear 2023-07-31 05831940 uk-core:ShareCapital 2023-07-31 05831940 uk-core:ShareCapital 2022-07-31 05831940 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 05831940 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 05831940 uk-bus:Director1 2022-08-01 2023-07-31 05831940 uk-core:PlantMachinery 2022-08-01 2023-07-31 05831940 uk-core:OtherVehicles 2022-08-01 2023-07-31 05831940 uk-core:OtherVehicles 2022-07-31 05831940 uk-core:PlantMachinery 2022-07-31 05831940 uk-core:PlantMachinery 2023-07-31 05831940 uk-core:OtherVehicles 2023-07-31 iso4217:GBP xbrli:pure 05831940 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 05831940 uk-bus:FRS102 2022-08-01 2023-07-31 05831940 uk-bus:FullAccounts 2022-08-01 2023-07-31 05831940 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD
Registered Number:05831940
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
05831940
As at 31 July 2023
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
2,840
3,513
2
2,840
3,513
Current assets
Inventories
500
500
3
Trade and other receivables
87,143
83,051
4
70,801
Cash and cash equivalents
84,390
167,941
158,444
Trade and other payables: amounts falling due within one
year
(64,636)
(52,718)
5
93,808
115,223
Net current assets
Total assets less current liabilities
118,063
97,321
(540)
(668)
Provisions for liabilities
117,523
Net assets
96,653
Capital and reserves
Called up share capital
1
1
Retained earnings
117,522
96,652
117,523
96,653
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Anthony Lambert Director
These financial statements were approved and authorised for issue by the Board on 27 November 2023 and were signed by:
The notes form part of these financial statements
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For the year ended 31 July 2023
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD
Notes to the Financial Statements
Statutory Information
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD is a private limited company, limited by shares, domiciled in
England and Wales, registration number 05831940.
Registered address:
1034 Lode Lane
Solihull
West Midlands
B92 8LJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation . Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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For the year ended 31 July 2023
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 August 2022
23,155
10,930
12,225
At 31 July 2023
12,225
10,930
23,155
Provision for depreciation and impairment
At 01 August 2022
19,642
9,471
10,171
Charge for year
673
365
308
At 31 July 2023
20,315
9,836
10,479
At 31 July 2023
Net book value
1,746
1,094
2,840
At 31 July 2022
2,054
1,459
3,513
3. Inventories
2022
2023
£
£
Stocks
500
500
4. Trade and other receivables
2022
2023
£
£
Trade debtors
59,916
65,762
Amounts owed by directors
13,135
21,381
Other debtors
10,000
-
87,143
83,051
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
12,868
35,126
Taxation and social security
37,350
28,230
Accruals and deferred income
2,500
1,280
52,718
64,636
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For the year ended 31 July 2023
A.J.L. MIDLANDS ELECTRICAL SERVICES LTD
Notes to the Financial Statements Continued
6. Related party transactions
The ultimate controlling party during the year was Anthony Lambert , director , whom controls the company by virtue
of owning 100% of the share capital.
At the balance sheet date the director's current account was overdrawn by £13,135 which he intends to repay within
the next year.
7. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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