Company Registration No. 14018286 (England and Wales)
SA ELECTRICAL LTD
Unaudited accounts
for the period from 1 May 2023 to 31 March 2024
SA ELECTRICAL LTD
Unaudited accounts
Contents
SA ELECTRICAL LTD
Company Information
for the period from 1 May 2023 to 31 March 2024
Company Number
14018286 (England and Wales)
Registered Office
13-17 High Beech Road
Loughton
IG10 4BN
UK
Accountants
Multiplus Tax Solutions Ltd
Suite 1 Chantal House
13-17 High Beech Road
Loughton
Essex
IG10 4BN
SA ELECTRICAL LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
85,097
10,857
Creditors: amounts falling due within one year
(125,200)
(18,111)
Net current assets
47,634
4,631
Called up share capital
1
1
Profit and loss account
48,062
5,166
Shareholders' funds
48,063
5,167
For the period ending 31 March 2024 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 7 April 2024 and were signed on its behalf by
Mr Safet Agushi
Director
Company Registration No. 14018286
SA ELECTRICAL LTD
Notes to the Accounts
for the period from 1 May 2023 to 31 March 2024
SA ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 14018286. The registered office is 13-17 High Beech Road, Loughton, IG10 4BN, UK.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
36,737
11,885
SA ELECTRICAL LTD
Notes to the Accounts
for the period from 1 May 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
38,349
8,446
Proposed dividends
30,000
-
Loans from directors
8,530
6,115
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).