Registered number: 03305916 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
Bernard Walsh and Co | ||||||||
Certified Public Accountants | ||||||||
5 Elm Lane | ||||||||
Charlton Down | ||||||||
Dorset | ||||||||
DT2 9FB |
Major Electrical Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 03305916 | ||||||||
ACCOUNTANTS | ||||||||
Bernard Walsh and Co | ||||||||
Certified Public Accountants | ||||||||
5 Elm Lane | ||||||||
Charlton Down | ||||||||
Dorset | ||||||||
DT2 9FB |
Major Electrical Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Major Electrical Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
174,660 | 174,667 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 96,890 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 136,196 | 110,329 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Major Electrical Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Land And Buildings | straight line 10% | |||||||
Plant and Machinery | reducing balance 20% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 15% |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | Commercial | Fixtures | |||||||
Buildings | Machinery | Vehicles | and Fittings | Total | ||||||
£ | £ | £ | £ | £ | ||||||
Cost | ||||||||||
At 01/01/2023 | 8,700 | 2,857 | 21,614 | 4,888 | 38,059 | |||||
At 31/12/2023 | 8,700 | 2,857 | 21,614 | 4,888 | 38,059 | |||||
Depreciation | ||||||||||
At 01/01/2023 | 5,220 | 2,480 | 13,955 | 2,865 | 24,520 | |||||
For the year | 870 | 75 | 1,914 | 303 | 3,162 | |||||
At 31/12/2023 | 6,090 | 2,555 | 15,869 | 3,168 | 27,682 | |||||
Net Book Amounts | ||||||||||
At 31/12/2023 | 10,377 | |||||||||
At 31/12/2022 | 13,539 | |||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 3,696 | 32,781 | ||||||
3,696 | 32,781 | |||||||
Major Electrical Ltd | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 13,494 | 9,766 | ||||||
VAT | 2,803 | 3,847 | ||||||
PAYE control | 1,656 | 1,273 | ||||||
Directors current account | - | 10,390 | ||||||
Bank Loan | 15,261 | 19,644 | ||||||
Credit card | - | 5,933 | ||||||
Trade creditors | 15,527 | 16,484 | ||||||
Other creditors | - | 10,440 | ||||||
48,741 | 77,777 | |||||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||