1 March 2022 false No description of principal activity Taxfiler 2023.10.2 11201215business:PrivateLimitedCompanyLtd2022-03-012023-02-28 112012152022-02-28 112012152022-03-012023-02-28 11201215business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 11201215business:FilletedAccounts2022-03-012023-02-28 112012152023-02-28 11201215business:Director12022-03-012023-02-28 11201215business:Director22022-03-012023-02-28 11201215business:RegisteredOffice2022-03-012023-02-28 112012152022-02-28 11201215core:WithinOneYear2023-02-28 11201215core:WithinOneYear2022-02-28 11201215core:AfterOneYear2023-02-28 11201215core:AfterOneYear2022-02-28 11201215core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 11201215core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 11201215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 11201215core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 11201215core:PreviouslyStatedAmount2023-02-28 11201215core:PreviouslyStatedAmount2022-02-28 11201215business:SmallEntities2022-03-012023-02-28 11201215countries:EnglandWales2022-03-012023-02-28 11201215core:MotorVehicles2022-03-012023-02-28 11201215core:FurnitureFittings2022-03-012023-02-28 11201215core:MotorVehicles2022-02-28 11201215core:FurnitureFittings2022-02-28 11201215core:MotorVehicles2023-02-28 11201215core:FurnitureFittings2023-02-28 11201215business:OrdinaryShareClass12022-03-012023-02-28 11201215business:OrdinaryShareClass12021-03-012022-02-28 112012152021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11201215 (England and Wales)
ML & SONS ELECTRICAL LTD Unaudited accounts for the year ended 28 February 2023
ML & SONS ELECTRICAL LTD Unaudited accounts Contents
Page
- 2 -
ML & SONS ELECTRICAL LTD Company Information for the year ended 28 February 2023
Directors
M Jallow H W Jallow
Company Number
11201215 (England and Wales)
Registered Office
11 Moorland View Leeds West Yorkshire LS17 6EY
- 3 -
ML & SONS ELECTRICAL LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,235 
18,764 
Current assets
Cash at bank and in hand
5,972 
5,744 
Creditors: amounts falling due within one year
(13,244)
(12,031)
Net current liabilities
(7,272)
(6,287)
Total assets less current liabilities
8,963 
12,477 
Creditors: amounts falling due after more than one year
(6,007)
(10,466)
Net assets
2,956 
2,011 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,955 
2,010 
Shareholders' funds
2,956 
2,011 
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 27 November 2023 and were signed on its behalf by
M Jallow Director Company Registration No. 11201215
- 4 -
ML & SONS ELECTRICAL LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ML & SONS ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 11201215. The registered office is 11 Moorland View, Leeds, West Yorkshire, LS17 6EY.
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:
Motor vehicles
20% - Reducing Balance
Fixtures & fittings
20% - Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2022
27,580 
4,964 
32,544 
Additions
- 
1,530 
1,530 
At 28 February 2023
27,580 
6,494 
34,074 
Depreciation
At 1 March 2022
11,597 
2,183 
13,780 
Charge for the year
3,197 
862 
4,059 
At 28 February 2023
14,794 
3,045 
17,839 
Net book value
At 28 February 2023
12,786 
3,449 
16,235 
At 28 February 2022
15,983 
2,781 
18,764 
- 5 -
ML & SONS ELECTRICAL LTD Notes to the Accounts for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,154 
3,146 
Loans from directors
6,840 
8,635 
Accruals
5,250 
250 
13,244 
12,031 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
6,007 
10,466 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Controlling party
The company is controlled by the sole director who also holds 100% shares in the company.
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).
- 6 -