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Company Registration No. 11991863 (England and Wales)
FM ELECTRICAL ENGINEERING SERVICES LTD Unaudited accounts for the year ended 31 May 2023
FM ELECTRICAL ENGINEERING SERVICES LTD Unaudited accounts Contents
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FM ELECTRICAL ENGINEERING SERVICES LTD Company Information for the year ended 31 May 2023
Director
Mr.Mohideen FASEEL
Company Number
11991863 (England and Wales)
Registered Office
25 ASHFORD CRESCENT GRANGE FARM MILTON KEYNES MK8 0NN ENGLAND
Accountants
Farshan & Co Accountants & Tax Advisers Suite 1, 2 Britannia Street Leicester LE1 3LE
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FM ELECTRICAL ENGINEERING SERVICES LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,331 
2,843 
Current assets
Debtors
15,552 
15,552 
Cash at bank and in hand
3,269 
297 
18,821 
15,849 
Creditors: amounts falling due within one year
(911)
(721)
Net current assets
17,910 
15,128 
Total assets less current liabilities
20,241 
17,971 
Creditors: amounts falling due after more than one year
(4,169)
(5,699)
Net assets
16,072 
12,272 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,972 
12,172 
Shareholders' funds
16,072 
12,272 
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 5 April 2024 and were signed on its behalf by
Mr.Mohideen FASEEL Director Company Registration No. 11991863
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FM ELECTRICAL ENGINEERING SERVICES LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
FM ELECTRICAL ENGINEERING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11991863. The registered office is 25 ASHFORD CRESCENT, GRANGE FARM, MILTON KEYNES, MK8 0NN, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
18%
Computer equipment
18%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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FM ELECTRICAL ENGINEERING SERVICES LTD Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
3,200 
1,495 
4,695 
At 31 May 2023
3,200 
1,495 
4,695 
Depreciation
At 1 June 2022
1,435 
417 
1,852 
Charge for the year
318 
194 
512 
At 31 May 2023
1,753 
611 
2,364 
Net book value
At 31 May 2023
1,447 
884 
2,331 
At 31 May 2022
1,765 
1,078 
2,843 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
15,552 
15,552 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
892 
721 
Other creditors
19 
- 
911 
721 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,169 
5,699 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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