00934651falsethat of an electrical wholesaler2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:SharePremium2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2022-06-30http://www.companieshouse.gov.uk/pt:SharePremium2023-06-30http://www.companieshouse.gov.uk/cd:Director32022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-06-30http://www.companieshouse.gov.uk/cd:Director42022-07-012023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:MotorCars2022-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:MotorCars2023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00934651

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023

Prepared By:
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
DIRECTORS
Mr S F Jackson
Mrs C D Jackson
Mr A W Patrick
Mr S Tanna (resigned March 2023)
SECRETARY
Mrs C D Jackson
REGISTERED OFFICE
Orchard Road
Royston
Hertfordshire
SG8 5HA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00934651
ACCOUNTANTS
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THEYEARENDED30 JUNE 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Enfield Electrical Supplies Limited

BALANCE SHEET AT 30 June 2023
20232022
Notes££
FIXED ASSETS
Tangible assets283,632108,719
CURRENT ASSETS
Stock782,633898,704
Debtors41,120,2731,053,345
Cash at bank and in hand76,19969,204
1,979,1052,021,253
CREDITORS: Amounts falling due within one year51,685,2971,565,584
NET CURRENT ASSETS293,808455,669
TOTAL ASSETS LESS CURRENT LIABILITIES377,440564,388
CREDITORS: Amounts falling due after more than one year6173,843280,456
NET ASSETS203,597283,932
CAPITAL AND RESERVES
Called up share capital82,2802,280
Share premium account9153,964153,964
Capital redemption reserve102,2802,280
Profit and loss account45,073125,408
SHAREHOLDERS' FUNDS203,597283,932
For the year ending 30 June 2023 the company was entitled to exemption 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 directors acknowledge their 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28 March 2024 and signed on their behalf by
.............................
Mr S F Jackson
Director

Enfield Electrical Supplies Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Land and property is shown at a recent valuation. Other tangible fixed 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.
Plant And Machineryreducing balance25%
Motor Carsreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Enfield Electrical Supplies Limited

2. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 1 July 2022358,336134,578492,914
Additions2,790-2,790
At 30 June 2023361,126134,578495,704
Depreciation
At 1 July 2022345,27538,920384,195
For the year3,96323,91427,877
At 30 June 2023349,23862,834412,072
Net Book Amounts
At 30 June 202311,88871,74483,632
At 30 June 202213,06195,658108,719
3. STOCK 20232022
££
Stock comprises:
Stock782,633898,704
782,633898,704
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors675,744812,449
Other debtors396,169203,155
Prepayments48,36037,741
1,120,2731,053,345

Enfield Electrical Supplies Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
VAT41,50239,333
PAYE control20,35623,870
Salaries and wages control3,3446,146
Directors current account394394
Directors current account407407
Bank loans and overdrafts960,864760,416
Bank Loan80,00080,000
Hire purchase26,61435,325
Trade creditors514,321610,814
Accruals37,4958,879
1,685,2971,565,584
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr160,000240,000
Hire purchase >1yr13,84340,456
173,843280,456
7. EMPLOYEES
20232022
No.No.
Average number of employees2931
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
2280 Ordinary shares of £1 each22802280
2,2802,280

Enfield Electrical Supplies Limited

9. SHARE PREMIUM ACCOUNT 20232022
££
Share premium account153,964153,964
10. OTHER RESERVES 20232022
££
Capital redemption reserve2,2802,280
2,2802,280