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Company Registration No. 10840569 (England and Wales)
O.G.I Electrical Limited Unaudited accounts for the year ended 31 December 2023
O.G.I Electrical Limited Unaudited accounts Contents
Page
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O.G.I Electrical Limited Company Information for the year ended 31 December 2023
Directors
Brett Ogilvie Louise Ogilvie
Company Number
10840569 (England and Wales)
Registered Office
1 Hall Cliffe Grove Horbury Wakefield WF4 6DE
Accountants
Clear Accountancy Services (Yorkshire) Ltd 10 New Street Ossett West Yorkshire WF5 8BH
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O.G.I Electrical Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,457 
22,984 
Current assets
Debtors
132,193 
176,523 
Cash at bank and in hand
51,966 
9,883 
184,159 
186,406 
Creditors: amounts falling due within one year
(31,228)
(23,538)
Net current assets
152,931 
162,868 
Total assets less current liabilities
172,388 
185,852 
Creditors: amounts falling due after more than one year
(9,245)
(15,495)
Net assets
163,143 
170,357 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
163,043 
170,257 
Shareholders' funds
163,143 
170,357 
For the year ending 31 December 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 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 15 March 2024 and were signed on its behalf by
Brett Ogilvie Director Company Registration No. 10840569
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O.G.I Electrical Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
O.G.I Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 10840569. The registered office is 1 Hall Cliffe Grove, Horbury, Wakefield, WF4 6DE.
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
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
1,135 
27,482 
291 
28,908 
At 31 December 2023
1,135 
27,482 
291 
28,908 
Depreciation
At 1 January 2023
392 
5,290 
242 
5,924 
Charge for the year
149 
3,329 
49 
3,527 
At 31 December 2023
541 
8,619 
291 
9,451 
Net book value
At 31 December 2023
594 
18,863 
- 
19,457 
At 31 December 2022
743 
22,192 
49 
22,984 
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O.G.I Electrical Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,522 
3,106 
Trade debtors
99,935 
95,566 
Accrued income and prepayments
232 
232 
Other debtors
29,504 
77,619 
132,193 
176,523 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,139 
6,139 
Trade creditors
9,602 
5,490 
Taxes and social security
15,117 
18,404 
Loans from directors
370 
(6,495)
31,228 
23,538 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,245 
15,495 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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