Company Registration No. 10491683 (England and Wales)
M J Law Electrical Limited
Unaudited accounts
for the year ended 30 November 2023
M J Law Electrical Limited
Unaudited accounts
Contents
M J Law Electrical Limited
Company Information
for the year ended 30 November 2023
Director
Matthew Jack Paul Law
Company Number
10491683 (England and Wales)
Registered Office
20 STRAWBERRY HILL
NORTHAMPTON
NN3 5HL
ENGLAND
Accountants
Bidwell Accountancy Limited
157 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
Buckinghamshire
MK14 6GD
M J Law Electrical Limited
Statement of financial position
as at 30 November 2023
Tangible assets
8,114
16,016
Cash at bank and in hand
23,376
70,969
Creditors: amounts falling due within one year
34,638
(29,174)
Net current assets
125,766
78,623
Total assets less current liabilities
133,880
94,639
Creditors: amounts falling due after more than one year
(17,563)
(23,853)
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
116,315
69,809
Shareholders' funds
116,317
69,811
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 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 August 2024 and were signed on its behalf by
Matthew Jack Paul Law
Director
Company Registration No. 10491683
M J Law Electrical Limited
Notes to the Accounts
for the year ended 30 November 2023
M J Law Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 10491683. The registered office is 20 STRAWBERRY HILL, NORTHAMPTON, NN3 5HL, 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.
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
50% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
50% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
1,543
33,091
408
35,042
Additions
1,069
-
332
1,401
At 30 November 2023
2,612
33,091
740
36,443
At 1 December 2022
499
18,374
153
19,026
Charge for the year
1,168
7,807
328
9,303
At 30 November 2023
1,667
26,181
481
28,329
At 30 November 2023
945
6,910
259
8,114
At 30 November 2022
1,044
14,717
255
16,016
M J Law Electrical Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
25,459
5,592
Other debtors
41,018
31,018
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,971
3,967
Taxes and social security
1,514
18,300
Loans from directors
(47,123)
6,907
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).