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REGISTERED NUMBER: 07380050 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

A H Williams Electrical Limited

A H Williams Electrical Limited (Registered number: 07380050)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A H Williams Electrical Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Mr A H Williams





REGISTERED OFFICE: 5 Derlwyn
NEATH
SA10 7QU





REGISTERED NUMBER: 07380050 (England and Wales)





ACCOUNTANTS: Ashmole & Co
151 Windsor Road
NEATH
SA11 1NU

A H Williams Electrical Limited (Registered number: 07380050)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,794 13,205

CURRENT ASSETS
Stocks 5 425 415
Debtors 6 3,390 3,803
Cash at bank 10,890 10,882
14,705 15,100
CREDITORS
Amounts falling due within one year 7 13,556 10,014
NET CURRENT ASSETS 1,149 5,086
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,943

18,291

CREDITORS
Amounts falling due after more than one
year

8

(5,250

)

(8,250

)

PROVISIONS FOR LIABILITIES (2,051 ) (2,545 )
NET ASSETS 4,642 7,496

A H Williams Electrical Limited (Registered number: 07380050)

Balance Sheet - continued
30 September 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 4,640 7,494
SHAREHOLDERS' FUNDS 4,642 7,496

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 April 2024 and were signed by:





Mr A H Williams - Director


A H Williams Electrical Limited (Registered number: 07380050)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

A H Williams Electrical 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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

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

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.


A H Williams Electrical Limited (Registered number: 07380050)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued
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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 4,836 19,400 1,373 25,609
Additions 270 - - 270
At 30 September 2023 5,106 19,400 1,373 25,879
DEPRECIATION
At 1 October 2022 3,852 7,398 1,154 12,404
Charge for year 237 2,400 44 2,681
At 30 September 2023 4,089 9,798 1,198 15,085
NET BOOK VALUE
At 30 September 2023 1,017 9,602 175 10,794
At 30 September 2022 984 12,002 219 13,205

5. STOCKS
2023 2022
£    £   
Stocks 425 415

A H Williams Electrical Limited (Registered number: 07380050)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,720 3,343
Amounts recoverable on contracts 670 460
3,390 3,803

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 3,000 3,000
Trade creditors 2,685 1,672
Tax 4,228 3,840
Social security and other taxes 139 50
Directors' current accounts 2,274 102
Accrued expenses 1,230 1,350
13,556 10,014

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans (see note 9) 5,250 8,250

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,000 3,000

Amounts falling due between two and five years:
Bank loans 5,250 8,250

A H Williams Electrical Limited (Registered number: 07380050)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

11. RESERVES
Retained
earnings
£   

At 1 October 2022 7,494
Profit for the year 16,146
Dividends (19,000 )
At 30 September 2023 4,640