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REGISTERED NUMBER: 00912639 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 August 2023

for

Electro-Mechanical Installations Limited

Electro-Mechanical Installations Limited (Registered number: 00912639)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Electro-Mechanical Installations Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr S J Hull
Mr M H Hull
Mr C J Robinson





REGISTERED OFFICE: Unit 7
Mackenzie Industrial Estate
Bird Hall Lane
Stockport
Cheshire
SK3 0SB





REGISTERED NUMBER: 00912639 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Electro-Mechanical Installations Limited (Registered number: 00912639)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87,104 105,983

CURRENT ASSETS
Stocks 25,000 25,000
Debtors 5 227,550 138,658
Cash at bank and in hand 244,648 368,272
497,198 531,930
CREDITORS
Amounts falling due within one year 6 258,738 283,789
NET CURRENT ASSETS 238,460 248,141
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,564

354,124

CREDITORS
Amounts falling due after more than one year 7 (18,333 ) (28,333 )

PROVISIONS FOR LIABILITIES (17,844 ) (20,926 )
NET ASSETS 289,387 304,865

CAPITAL AND RESERVES
Called up share capital 2,150 2,150
Capital redemption reserve 2,000 2,000
Retained earnings 285,237 300,715
SHAREHOLDERS' FUNDS 289,387 304,865

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Electro-Mechanical Installations Limited (Registered number: 00912639)

Balance Sheet - continued
31 August 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:





Mr M H Hull - Director


Electro-Mechanical Installations Limited (Registered number: 00912639)

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

1. STATUTORY INFORMATION

Electro-Mechanical Installations 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. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

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 Income Statement, 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.

Electro-Mechanical Installations Limited (Registered number: 00912639)

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

2. 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.

Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss account over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as the related expenditure is incurred.

Going concern
The company's financial statements for the year ended 31 August 2023 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 September 2022 58,313 628,963 69,852 13,805 770,933
Additions - 5,141 - - 5,141
At 31 August 2023 58,313 634,104 69,852 13,805 776,074
DEPRECIATION
At 1 September 2022 40,044 550,451 61,428 13,027 664,950
Charge for year 5,831 16,731 1,263 195 24,020
At 31 August 2023 45,875 567,182 62,691 13,222 688,970
NET BOOK VALUE
At 31 August 2023 12,438 66,922 7,161 583 87,104
At 31 August 2022 18,269 78,512 8,424 778 105,983

Electro-Mechanical Installations Limited (Registered number: 00912639)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 September 2022 76,673
Transfer to ownership (76,673 )
At 31 August 2023 -
DEPRECIATION
At 1 September 2022 68,440
Charge for year 1,647
Transfer to ownership (70,087 )
At 31 August 2023 -
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 8,233

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 204,943 121,917
Other debtors 22,607 16,741
227,550 138,658

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 23,246
Trade creditors 54,212 39,336
Taxation and social security 56,205 34,589
Other creditors 138,321 176,618
258,738 283,789

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 18,333 28,333

Electro-Mechanical Installations Limited (Registered number: 00912639)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 23,246

9. RELATED PARTY DISCLOSURES

Included within other creditors are the directors' current account balances amounting to £111,360 (2022: £157,887). These are interest free and repayable on demand.

During the year, the company occupied premises owned by a director of the company. Rent of £14,000 was charged during this financial year (2022: Nil).

Included within other creditors are balances amounting to £5,000 (2022: £5,500) due to some of the shareholders.These are interest free and repayable on demand.