Company Registration No. SC699287 (Scotland)
D W Electrical Engineers Ltd
Unaudited accounts
for the year ended 31 May 2024
D W Electrical Engineers Ltd
Unaudited accounts
Contents
D W Electrical Engineers Ltd
Company Information
for the year ended 31 May 2024
Directors
William Day
Stephen Wright
Company Number
SC699287 (Scotland)
Registered Office
5 Slater Crescent
Portknockie
Buckie
Banffshire
AB56 4NH
Scotland
Accountants
Moraycoast Ltd
Westview Bungalow
Main Street
Garmond
Turriff
Aberdeenshire
AB53 5TQ
D W Electrical Engineers Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
9,691
12,089
Cash at bank and in hand
2,386
3,794
Net current assets
5,595
3,794
Total assets less current liabilities
15,286
15,883
Creditors: amounts falling due after more than one year
(12,442)
(12,397)
Called up share capital
(100)
(100)
Profit and loss account
2,844
3,486
Shareholders' funds
2,844
3,486
For the year ending 31 May 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 31 August 2024 and were signed on its behalf by
William Day
Director
Company Registration No. SC699287
D W Electrical Engineers Ltd
Notes to the Accounts
for the year ended 31 May 2024
D W Electrical Engineers Ltd is a private company, limited by shares, registered in Scotland, registration number SC699287. The registered office is 5 Slater Crescent, Portknockie, Buckie, Banffshire, AB56 4NH, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
1,069
16,000
-
17,069
At 31 May 2024
1,069
16,000
779
17,848
At 1 June 2023
265
4,715
-
4,980
Charge for the year
161
2,821
195
3,177
At 31 May 2024
426
7,536
195
8,157
At 31 May 2024
643
8,464
584
9,691
At 31 May 2023
804
11,285
-
12,089
Amounts falling due within one year
D W Electrical Engineers Ltd
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,708
7,663
Loans from directors
4,734
4,734
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Average number of employees
During the year the average number of employees was 0 (2023: 0).