IRIS Accounts Production v23.3.1.45 12237922 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122379222022-10-31122379222023-10-31122379222022-11-012023-10-31122379222021-10-31122379222021-11-012022-10-31122379222022-10-3112237922ns10:Originalns15:EnglandWales2022-11-012023-10-3112237922ns14:PoundSterlingns10:Original2022-11-012023-10-3112237922ns10:Originalns10:Director12022-11-012023-10-3112237922ns10:Original2022-11-012023-10-3112237922ns10:Original2023-10-3112237922ns10:Originalns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112237922ns10:Originalns10:SmallEntities2022-11-012023-10-3112237922ns10:Originalns10:AuditExemptWithAccountantsReport2022-11-012023-10-3112237922ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112237922ns10:SmallCompaniesRegimeForAccountsns10:Original2022-11-012023-10-3112237922ns10:Originalns10:FullAccounts2022-11-012023-10-3112237922ns10:Originalns10:Director22022-11-012023-10-3112237922ns10:Originalns10:RegisteredOffice2022-11-012023-10-3112237922ns10:Original2022-10-3112237922ns10:Originalns5:CurrentFinancialInstruments2023-10-3112237922ns10:Originalns5:CurrentFinancialInstruments2022-10-3112237922ns10:Originalns5:Non-currentFinancialInstruments2023-10-3112237922ns10:Originalns5:Non-currentFinancialInstruments2022-10-3112237922ns5:ShareCapitalns10:Original2023-10-3112237922ns5:ShareCapitalns10:Original2022-10-3112237922ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-10-3112237922ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-10-3112237922ns10:Originalns5:PlantMachinery2022-11-012023-10-3112237922ns10:Originalns5:FurnitureFittings2022-11-012023-10-3112237922ns10:Originalns5:MotorVehicles2022-11-012023-10-3112237922ns10:Originalns5:ComputerEquipment2022-11-012023-10-3112237922ns10:Original2021-11-012022-10-3112237922ns10:Originalns5:PlantMachinery2022-10-3112237922ns10:Originalns5:FurnitureFittings2022-10-3112237922ns10:Originalns5:MotorVehicles2022-10-3112237922ns10:Originalns5:ComputerEquipment2022-10-3112237922ns10:Original2022-10-3112237922ns10:Originalns5:PlantMachinery2023-10-3112237922ns10:Originalns5:FurnitureFittings2023-10-3112237922ns10:Originalns5:MotorVehicles2023-10-3112237922ns10:Originalns5:ComputerEquipment2023-10-3112237922ns10:Originalns5:PlantMachinery2022-10-3112237922ns10:Originalns5:FurnitureFittings2022-10-3112237922ns10:Originalns5:MotorVehicles2022-10-3112237922ns10:Originalns5:ComputerEquipment2022-10-3112237922ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112237922ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3112237922ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-10-3112237922ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-10-3112237922ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3112237922ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-10-31
REGISTERED NUMBER: 12237922 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Marshall Electrical Services
(Yorkshire) Limited

Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Marshall Electrical Services
(Yorkshire) Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: J A R Marshall
Mrs C N Marshall





REGISTERED OFFICE: Unit 2
Parkwood Business Park
Keighley
West Yorkshire
BD21 4WD





REGISTERED NUMBER: 12237922 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 22,654 19,075

CURRENT ASSETS
Stocks 74,000 143,959
Debtors 6 60,433 248,320
Cash at bank 30,865 60,042
165,298 452,321
CREDITORS
Amounts falling due within one year 7 (121,405 ) (356,654 )
NET CURRENT ASSETS 43,893 95,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,547

114,742

CREDITORS
Amounts falling due after more than one
year

8

(26,673

)

(36,616

)

PROVISIONS FOR LIABILITIES (3,358 ) (5,055 )
NET ASSETS 36,516 73,071

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 36,416 72,971
SHAREHOLDERS' FUNDS 36,516 73,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)

Balance Sheet - continued
31 October 2023



The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by:





J A R Marshall - Director


Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Marshall Electrical Services (Yorkshire) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 3,354 - 31,389 4,147 38,890
Additions 3,742 932 4,995 3,546 13,215
Disposals - - - (1,095 ) (1,095 )
At 31 October 2023 7,096 932 36,384 6,598 51,010
DEPRECIATION
At 1 November 2022 1,165 - 15,997 2,653 19,815
Charge for year 1,774 233 5,096 1,799 8,902
Eliminated on disposal - - - (361 ) (361 )
At 31 October 2023 2,939 233 21,093 4,091 28,356
NET BOOK VALUE
At 31 October 2023 4,157 699 15,291 2,507 22,654
At 31 October 2022 2,189 - 15,392 1,494 19,075

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 46,597 193,057
VAT 4,151 50,911
Prepayments 9,685 4,352
60,433 248,320

Marshall Electrical Services
(Yorkshire) Limited (Registered number: 12237922)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 9,943 9,355
Trade creditors 64,554 272,153
Tax - 17,168
Social security and other taxes 8,737 13,802
Other creditors 5,878 974
Directors' current accounts 14,379 25,989
Accrued expenses 17,914 17,213
121,405 356,654

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans - 1-2 years 10,583 9,943
Bank loans - 2-5 years 16,090 26,673
26,673 36,616

9. ULTIMATE CONTROLLING PARTY

The controlling party is J A R Marshall.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Marshall Electrical Services
(Yorkshire) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marshall Electrical Services (Yorkshire) Limited for the year ended 31 October 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Marshall Electrical Services (Yorkshire) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marshall Electrical Services (Yorkshire) Limited and state those matters that we have agreed to state to the Board of Directors of Marshall Electrical Services (Yorkshire) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marshall Electrical Services (Yorkshire) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Marshall Electrical Services (Yorkshire) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Marshall Electrical Services (Yorkshire) Limited. You consider that Marshall Electrical Services (Yorkshire) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marshall Electrical Services (Yorkshire) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


2 February 2024