Company Registration No. 04752866 (England and Wales)
Max Electrical Services Ltd
Unaudited accounts
for the year ended 31 May 2023
Max Electrical Services Ltd
Unaudited accounts
Contents
Max Electrical Services Ltd
Company Information
for the year ended 31 May 2023
Company Number
04752866 (England and Wales)
Registered Office
Swindells Fold
Brookfold Lane
Hyde
Cheshire
SK14 3BQ
Accountants
T Swindells Ltd
Swindells Fold
Brookfold Lane
Hyde
Cheshire
SK14 3BQ
Max Electrical Services Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
31,422
7,096
Cash at bank and in hand
73,358
57,731
Creditors: amounts falling due within one year
(15,065)
(21,431)
Net current assets
64,803
44,222
Total assets less current liabilities
96,225
51,318
Creditors: amounts falling due after more than one year
(30,000)
-
Called up share capital
100
100
Profit and loss account
66,125
51,218
Shareholders' funds
66,225
51,318
For the year ending 31 May 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 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 27 November 2023 and were signed on its behalf by
Andrew Clarke
Director
Company Registration No. 04752866
Max Electrical Services Ltd
Notes to the Accounts
for the year ended 31 May 2023
Max Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 04752866. The registered office is Swindells Fold, Brookfold Lane, Hyde, Cheshire, SK14 3BQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 basis
Motor vehicles
25% reducing balance basis
Computer equipment
25% reducing balance basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
6,827
23,675
5,603
36,105
Additions
290
29,580
-
29,870
At 31 May 2023
7,117
53,255
5,603
65,975
At 1 June 2022
6,500
17,740
4,769
29,009
Charge for the year
154
5,181
209
5,544
At 31 May 2023
6,654
22,921
4,978
34,553
At 31 May 2023
463
30,334
625
31,422
At 31 May 2022
327
5,935
834
7,096
Max Electrical Services Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
4,993
Other creditors
11,735
11,614
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).