Acorah Software Products - Accounts Production 14.5.501 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12736342 Mr Reece Sweeney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12736342 2022-07-31 12736342 2023-07-31 12736342 2022-08-01 2023-07-31 12736342 frs-core:MotorVehicles 2022-08-01 2023-07-31 12736342 frs-core:ShareCapital 2023-07-31 12736342 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12736342 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12736342 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12736342 frs-bus:SmallEntities 2022-08-01 2023-07-31 12736342 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12736342 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12736342 frs-bus:Director1 2022-08-01 2023-07-31 12736342 frs-bus:Director1 2022-07-31 12736342 frs-bus:Director1 2023-07-31 12736342 frs-countries:EnglandWales 2022-08-01 2023-07-31 12736342 2021-07-31 12736342 2022-07-31 12736342 2021-08-01 2022-07-31 12736342 frs-core:CurrentFinancialInstruments 2022-07-31 12736342 frs-core:ShareCapital 2022-07-31 12736342 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12736342
Sweeney Electrical Contractors Ltd
Financial Statements
For The Year Ended 31 July 2023
Financial Statements
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 12736342
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand - 2,574
- 2,574
Creditors: Amounts Falling Due Within One Year 5 (6,666 ) (8,830 )
NET CURRENT ASSETS (LIABILITIES) (6,666 ) (6,256 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,666 ) (6,256 )
NET LIABILITIES (6,666 ) (6,256 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Income Statement (6,766 ) (6,356 )
SHAREHOLDERS' FUNDS (6,666) (6,256)
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Reece Sweeney
Director
04/04/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sweeney Electrical Contractors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12736342 . The registered office is The Greenhouse, 106-108 Ashbourne Road, Derby, DE22 3AG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Debtors
2023 2022
£ £
Due within one year
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 6,666 8,240
Taxation and social security - 590
6,666 8,830
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr Reece Sweeney 7,240 (2,660 ) 687 - 5,267
The above loan is unsecured, interest free and repayable on demand.
Page 2