Company Registration No. SC313277 (Scotland)
Alwurk Electric Ltd
Unaudited accounts
for the year ended 31 December 2023
Alwurk Electric Ltd
Unaudited accounts
Contents
Alwurk Electric Ltd
Company Information
for the year ended 31 December 2023
Company Number
SC313277 (Scotland)
Registered Office
UNIT L MINERVA WORKS
MILLER STREET
JOHNSTONE
PA5 8HP
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Alwurk Electric Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
15,944
6,361
Cash at bank and in hand
96,240
66,277
Creditors: amounts falling due within one year
(29,565)
(12,989)
Net current assets
66,675
53,288
Called up share capital
600
600
Profit and loss account
82,019
59,049
Shareholders' funds
82,619
59,649
For the year ending 31 December 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 1 August 2024 and were signed on its behalf by
Peter Graham
Director
Company Registration No. SC313277
Alwurk Electric Ltd
Notes to the Accounts
for the year ended 31 December 2023
Alwurk Electric Ltd is a private company, limited by shares, registered in Scotland, registration number SC313277. The registered office is UNIT L MINERVA WORKS, MILLER STREET, JOHNSTONE, PA5 8HP, SCOTLAND.
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:
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
26,317
2,105
28,422
At 31 December 2023
41,267
2,105
43,372
At 1 January 2023
20,448
1,613
22,061
Charge for the year
5,205
162
5,367
At 31 December 2023
25,653
1,775
27,428
At 31 December 2023
15,614
330
15,944
At 31 December 2022
5,869
492
6,361
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
17,135
12,989
Alwurk Electric Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 3 (2022: 2).