Company Registration No. 13994035 (England and Wales)
ST Wales Electrical Limited
Unaudited accounts
for the year ended 31 March 2023
ST Wales Electrical Limited
Unaudited accounts
Contents
ST Wales Electrical Limited
Company Information
for the year ended 31 March 2023
Company Number
13994035 (England and Wales)
Registered Office
60 HEOL Y GARN
GARNSWLLT
AMMANFORD
SA18 2RN
WALES
Accountants
Nigel Rees Accountancy Limited
572 Mumbles Road
Mumbles
Swansea
Dyfed
SA3 4DL
ST Wales Electrical Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
2,382
-
Creditors: amounts falling due within one year
(13,642)
-
Net current liabilities
(11,260)
-
Called up share capital
1
-
Profit and loss account
(1,543)
-
Shareholders' funds
(1,542)
-
For the year ending 31 March 2023 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 22 December 2023 and were signed on its behalf by
Sion Thomas
Director
Company Registration No. 13994035
ST Wales Electrical Limited
Notes to the Accounts
for the year ended 31 March 2023
ST Wales Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 13994035. The registered office is 60 HEOL Y GARN, GARNSWLLT, AMMANFORD, SA18 2RN, WALES.
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 year, 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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
12,000
898
12,898
At 31 March 2023
12,000
898
12,898
Charge for the year
3,000
180
3,180
At 31 March 2023
3,000
180
3,180
At 31 March 2023
9,000
718
9,718
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
748
-
Loans from directors
12,894
-
ST Wales Electrical Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).