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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
Page
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SA ELECTRICAL LTD Company Information for the period from 1 May 2023 to 31 March 2024
Director
Mr Safet Agushi
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
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SA ELECTRICAL LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
429 
536 
Current assets
Debtors
87,737 
11,885 
Cash at bank and in hand
85,097 
10,857 
172,834 
22,742 
Creditors: amounts falling due within one year
(125,200)
(18,111)
Net current assets
47,634 
4,631 
Net assets
48,063 
5,167 
Capital and reserves
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
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SA ELECTRICAL LTD Notes to the Accounts for the period from 1 May 2023 to 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 May 2023
670 
At 31 March 2024
670 
Depreciation
At 1 May 2023
134 
Charge for the period
107 
At 31 March 2024
241 
Net book value
At 31 March 2024
429 
At 30 April 2023
536 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,000 
- 
Other debtors
36,737 
11,885 
87,737 
11,885 
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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 
£ 
£ 
VAT
4,821 
2,050 
Trade creditors
42,000 
- 
Taxes and social security
38,349 
8,446 
Proposed dividends
30,000 
- 
Loans from directors
8,530 
6,115 
Accruals
1,500 
1,500 
125,200 
18,111 
7
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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