Company Registration No. 13041806 (England and Wales)
MH ELECTRICAL CONTRACTORS NE LTD
Unaudited accounts
for the year ended 30 November 2023
MH ELECTRICAL CONTRACTORS NE LTD
Unaudited accounts
Contents
MH ELECTRICAL CONTRACTORS NE LTD
Company Information
for the year ended 30 November 2023
Directors
Marc Hume
Jonathan McEnaney
Lee Hume
Company Number
13041806 (England and Wales)
Registered Office
15 SOMERSET AVENUE
PETERS MILL
ALNWICK
NORTHUMBERLAND
NE66 2FE
UNITED KINGDOM
Accountants
DN Accounting Services
30 Park Lea
East Herrington
Sunderland
Tyne and Wear
SR3 3TA
MH ELECTRICAL CONTRACTORS NE LTD
Statement of financial position
as at 30 November 2023
Tangible assets
133,133
121,861
Cash at bank and in hand
27,649
29,944
Creditors: amounts falling due within one year
(582,355)
(507,356)
Net current assets
238,148
110,305
Total assets less current liabilities
371,281
232,166
Creditors: amounts falling due after more than one year
(121,539)
-
Net assets
249,742
232,166
Called up share capital
100
100
Profit and loss account
249,642
232,066
Shareholders' funds
249,742
232,166
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by
Marc Hume
Director
Company Registration No. 13041806
MH ELECTRICAL CONTRACTORS NE LTD
Notes to the Accounts
for the year ended 30 November 2023
MH ELECTRICAL CONTRACTORS NE LTD is a private company, limited by shares, registered in England and Wales, registration number 13041806. The registered office is 15 SOMERSET AVENUE, PETERS MILL, ALNWICK, NORTHUMBERLAND, NE66 2FE, UNITED KINGDOM.
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:
Plant & machinery
Depreciate over four years, straight line method.
Fixtures & fittings
Depreciate over three years, straight line method.
Computer equipment
Depreciate over three years, straight line method.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
184,549
3,444
3,279
191,272
Additions
60,163
-
803
60,966
At 30 November 2023
244,712
3,444
4,082
252,238
At 1 December 2022
66,441
1,291
1,679
69,411
Charge for the year
47,313
1,609
772
49,694
At 30 November 2023
113,754
2,900
2,451
119,105
At 30 November 2023
130,958
544
1,631
133,133
At 30 November 2022
118,108
2,153
1,600
121,861
MH ELECTRICAL CONTRACTORS NE LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
734,561
344,788
Other debtors
1,327
173,385
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
27,745
126,561
Trade creditors
369,000
118,021
Taxes and social security
138,434
137,779
Other creditors
61,118
96,738
Loans from directors
(13,942)
28,257
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
121,539
-
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Average number of employees
During the year the average number of employees was 20 (2022: 16).