Company Registration No. 13792602 (England and Wales)
N T ELECTRICAL GROUP LIMITED
Unaudited accounts
for the year ended 31 December 2023
N T ELECTRICAL GROUP LIMITED
Unaudited accounts
Contents
N T ELECTRICAL GROUP LIMITED
Company Information
for the year ended 31 December 2023
Company Number
13792602 (England and Wales)
Registered Office
8 SYDNER CLOSE
CHELMSFORD
CM2 8HT
ENGLAND
Accountants
Pro Tax Plus Accountants
MITRE HOUSE
2 BOND STREET
Ipswich
Suffolk
IP4 1JE
N T ELECTRICAL GROUP LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
51,267
23,081
Cash at bank and in hand
1,887
579
Creditors: amounts falling due within one year
(15,497)
(6,598)
Net current liabilities
(13,285)
(4,789)
Total assets less current liabilities
37,982
18,292
Creditors: amounts falling due after more than one year
(29,000)
(8,200)
Called up share capital
5,000
5,000
Profit and loss account
3,982
5,092
Shareholders' funds
8,982
10,092
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 director acknowledges his 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 and authorised for issue on 16 September 2024 and were signed on its behalf by
Neil McKelvie
Director
Company Registration No. 13792602
N T ELECTRICAL GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2023
N T ELECTRICAL GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13792602. The registered office is 8 SYDNER CLOSE, CHELMSFORD, CM2 8HT, ENGLAND.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
24,046
100
24,146
Disposals
(24,046)
-
(24,046)
At 31 December 2023
53,741
100
53,841
At 1 January 2023
1,049
16
1,065
Charge for the year
2,620
33
2,653
On disposals
(1,144)
-
(1,144)
At 31 December 2023
2,525
49
2,574
At 31 December 2023
51,216
51
51,267
At 31 December 2022
22,997
84
23,081
Amounts falling due within one year
N T ELECTRICAL GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
15,497
6,598
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).