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REGISTERED NUMBER: 06941711 (England and Wales)













Unaudited Financial Statements for the Year Ended 30 June 2024

for

Marlbrook Electrical Ltd.

Marlbrook Electrical Ltd. (Registered number: 06941711)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Marlbrook Electrical Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTORS: M Bennett
K J Bennett





REGISTERED OFFICE: Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS





REGISTERED NUMBER: 06941711 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Marlbrook Electrical Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Marlbrook Electrical Ltd. for the year ended 30 June 2024 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Marlbrook Electrical Ltd., as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Marlbrook Electrical Ltd. and state those matters that we have agreed to state to the Board of Directors of Marlbrook Electrical Ltd., as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Marlbrook Electrical Ltd. and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Marlbrook Electrical Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Marlbrook Electrical Ltd.. You consider that Marlbrook Electrical Ltd. is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Marlbrook Electrical Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


7 August 2024

Marlbrook Electrical Ltd. (Registered number: 06941711)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 21,992 17,779

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 198,246 224,053
Cash at bank 250,662 164,563
449,908 389,616
CREDITORS
Amounts falling due within one year 6 (127,697 ) (66,002 )
NET CURRENT ASSETS 322,211 323,614
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,203

341,393

PROVISIONS FOR LIABILITIES (5,497 ) (4,445 )
NET ASSETS 338,706 336,948

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 338,606 336,848
338,706 336,948

Marlbrook Electrical Ltd. (Registered number: 06941711)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2024 and were signed on its behalf by:




M Bennett - Director



K J Bennett - Director


Marlbrook Electrical Ltd. (Registered number: 06941711)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Marlbrook Electrical Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Marlbrook Electrical Ltd. (Registered number: 06941711)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 July 2023 13,511 9,995 23,506
Additions 928 7,195 8,123
At 30 June 2024 14,439 17,190 31,629
DEPRECIATION
At 1 July 2023 4,895 832 5,727
Charge for year 1,336 2,574 3,910
At 30 June 2024 6,231 3,406 9,637
NET BOOK VALUE
At 30 June 2024 8,208 13,784 21,992
At 30 June 2023 8,616 9,163 17,779

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 164,239 157,429
Other debtors 34,007 66,624
198,246 224,053

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 88,362 45,547
Taxation and social security 35,870 16,139
Other creditors 3,465 4,316
127,697 66,002

Marlbrook Electrical Ltd. (Registered number: 06941711)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made a loan to the directors, M Bennett and K J Bennett. The loan was unsecured and repayable on demand. The maximum amount outstanding during the year was £40,192. Interest was charged at the official rate of interest. The amount outstanding at 30 June 2024 was £22,927.