M & R ELECTRICAL LIMITED

Company Registration Number:
04643012 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

M & R ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

M & R ELECTRICAL LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Mr MJ Hayward
Mr RD Hardy
Registered office: 23
Ferrers Road
Yoxall
Burton-On-Trent
Staffordshire
DE13 8PS
Company Registration Number: 04643012 (England and Wales)

M & R ELECTRICAL LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 15,800 15,800
Tangible assets: 5 26,332 21,951
Total fixed assets: 42,132 37,751
Current assets
Stocks: 6,500 6,500
Debtors: 28,855 41,916
Cash at bank and in hand: 130,714 116,452
Total current assets: 166,069 164,868
Creditors: amounts falling due within one year: ( 81,972 ) ( 79,341 )
Net current assets (liabilities): 84,097 85,527
Total assets less current liabilities: 126,229 123,278
Creditors: amounts falling due after more than one year: ( 13,469 ) ( 23,380 )
Provision for liabilities: ( 6,583 ) ( 4,610 )
Total net assets (liabilities): 106,177 95,288

The notes form part of these financial statements

M & R ELECTRICAL LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 106,175 95,286
Shareholders funds: 106,177 95,288

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 September 2024
And Signed On Behalf Of The Board By:

Name: Mr MJ Hayward
Status: Director

The notes form part of these financial statements

M & R ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales during the year, excluding value added tax.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life. Plant & machinery:- 50% on reducing balance. Motor vehicles:- 25% on reducing balance.

    Other accounting policies

    Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

M & R ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 9 9

M & R ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

M & R ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 February 2023 15,800
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 January 2024 15,800
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 January 2024 -
    Net book value
    Net book value at 31 January 2024 15,800
    Net book value at 31 January 2023 15,800

M & R ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible Assets

Total
Cost £
At 01 February 2023 94,918
Additions 14,514
Disposals -
Revaluations -
Transfers -
At 31 January 2024 109,432
Depreciation
At 01 February 2023 72,967
Charge for year 10,133
On disposals -
Other adjustments -
At 31 January 2024 83,100
Net book value
At 31 January 2024 26,332
At 31 January 2023 21,951