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Company Registration No. 07186573 (England and Wales)
Stark Electrical Solutions Ltd Unaudited accounts for the year ended 31 March 2024
Stark Electrical Solutions Ltd Unaudited accounts Contents
Page
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Stark Electrical Solutions Ltd Company Information for the year ended 31 March 2024
Directors
Ian Edward Stark Thomas stark
Company Number
07186573 (England and Wales)
Registered Office
Meadow View Waltham Road Grimsby North East Lincolnshire DN37 0RQ England
Accountants
D H Tuck & Co Limited Fiveways Business Centre 167 Park Street Cleethorpes North East Lincolnshire DN35 7LX
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Stark Electrical Solutions Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
461,334 
393,098 
Current assets
Debtors
390,188 
116,036 
Cash at bank and in hand
223,821 
285,387 
614,009 
401,423 
Creditors: amounts falling due within one year
(356,427)
(146,453)
Net current assets
257,582 
254,970 
Total assets less current liabilities
718,916 
648,068 
Creditors: amounts falling due after more than one year
(5,500)
- 
Provisions for liabilities
Deferred tax
(28,466)
(13,791)
Net assets
684,950 
634,277 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
684,850 
634,177 
Shareholders' funds
684,950 
634,277 
For the year 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 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 1 July 2024 and were signed on its behalf by
Ian Edward Stark Director Company Registration No. 07186573
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Stark Electrical Solutions Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Stark Electrical Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07186573. The registered office is Meadow View, Waltham Road, Grimsby, North East Lincolnshire, DN37 0RQ, England.
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 year, 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:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
20
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
320,513 
- 
125,100 
- 
11,328 
456,941 
Additions
22,384 
4,434 
45,140 
15,245 
2,846 
90,049 
Disposals
- 
- 
(13,392)
- 
- 
(13,392)
At 31 March 2024
342,897 
4,434 
156,848 
15,245 
14,174 
533,598 
Depreciation
At 1 April 2023
- 
- 
60,886 
- 
2,957 
63,843 
Charge for the year
- 
- 
15,758 
2,224 
2,643 
20,625 
On disposals
- 
- 
(12,204)
- 
- 
(12,204)
At 31 March 2024
- 
- 
64,440 
2,224 
5,600 
72,264 
Net book value
At 31 March 2024
342,897 
4,434 
92,408 
13,021 
8,574 
461,334 
At 31 March 2023
320,513 
- 
64,214 
- 
8,371 
393,098 
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Stark Electrical Solutions Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
347,240 
114,182 
Accrued income and prepayments
42,948 
1,854 
390,188 
116,036 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
44,757 
68,725 
Trade creditors
104,339 
38,390 
Taxes and social security
56,415 
26,670 
Other creditors
10,933 
- 
Loans from directors
111,753 
9,768 
Accruals
28,230 
2,900 
356,427 
146,453 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Accruals
5,500 
- 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Ian Edward Stark
(8,718)
(38,880)
(3,965)
(43,633)
Thomas stark
(1,050)
(31,320)
(2,050)
(30,320)
Julie-Ellen Stark
- 
(37,800)
- 
(37,800)
(9,768)
(108,000)
(6,015)
(111,753)
10
Average number of employees
During the year the average number of employees was 16 (2023: 13).
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