2023-04-01 NI686817 2024-03-31 NI686817 2023-04-01 2024-03-31 NI686817 2023-03-31 NI686817 2022-04-01 2023-03-31 NI686817 uk-core:WithinOneYear 2023-03-31 NI686817 uk-core:WithinOneYear 2024-03-31 NI686817 uk-core:AfterOneYear 2023-03-31 NI686817 uk-core:AfterOneYear 2024-03-31 NI686817 uk-core:ShareCapital 2024-03-31 NI686817 uk-core:ShareCapital 2023-03-31 NI686817 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI686817 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI686817 uk-bus:Director1 2023-04-01 2024-03-31 NI686817 uk-core:NetGoodwill 2023-04-01 2024-03-31 NI686817 uk-core:PlantMachinery 2023-04-01 2024-03-31 NI686817 uk-core:MotorVehicles 2023-04-01 2024-03-31 NI686817 uk-core:Goodwill 2023-03-31 NI686817 uk-core:Goodwill 2024-03-31 NI686817 uk-core:Goodwill 2023-04-01 2024-03-31 NI686817 uk-core:MotorVehicles 2023-03-31 NI686817 uk-core:PlantMachinery 2023-03-31 NI686817 uk-core:LandBuildings 2023-03-31 NI686817 uk-core:LandBuildings 2023-04-01 2024-03-31 NI686817 uk-core:LandBuildings 2024-03-31 NI686817 uk-core:PlantMachinery 2024-03-31 NI686817 uk-core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure NI686817 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI686817 uk-bus:FRS102 2023-04-01 2024-03-31 NI686817 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 NI686817 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
A W Mitchell Electrical Services Ltd
Registered Number:NI686817
For the year ended 31 March 2024
Northern Ireland
Unaudited Financial Statements
2
For the year ended 31 March 2024
A W Mitchell Electrical Services Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
NI686817
As at 31 March 2024
A W Mitchell Electrical Services Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
8,000
9,000
2
Property, plant and equipment
24,232
23,743
3
32,232
32,743
Current assets
Inventories
1,700
5,150
4
Trade and other receivables
13,776
31,643
5
10,930
Cash and cash equivalents
53,425
90,218
26,406
Trade and other payables: amounts falling due within one
year
(57,980)
(68,684)
6
(31,574)
21,534
Net current assets
Total assets less current liabilities
53,766
1,169
Trade and other payables: amounts falling due after more
than one year
-
(40,000)
7
13,766
Net assets
1,169
Capital and reserves
Called up share capital
3
3
Retained earnings
13,763
1,166
13,766
1,169
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Andrew Mitchell Director
These financial statements were approved and authorised for issue by the Board on 25 September 2024 and were signed by:
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4
Registered Number :
NI686817
For the year ended 31 March 2024
A W Mitchell Electrical Services Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
A W Mitchell Electrical Services Ltd
Notes to the Financial Statements
Statutory Information
A W Mitchell Electrical Services Ltd is a private limited company, limited by shares, domiciled in Northern Ireland,
registration number NI686817.
Registered address:
41 Richmond Drive
Tandragee
Armagh
BT62 2JJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of 5 years.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
15 Reducing balance
20 Reducing balance
Motor Vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
10,000
At 31 March 2024
10,000
Amortisation
At 01 April 2023
1,000
1,000
Charge for year
At 31 March 2024
2,000
Net book value
At 31 March 2024
8,000
At 31 March 2023
9,000
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6
For the year ended 31 March 2024
A W Mitchell Electrical Services Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
Cost or
valuation
At 01 April 2023
28,594
11,230
17,364
-
4,500
-
-
4,500
Additions
At 31 March 2024
4,500
17,364
11,230
33,094
Provision for depreciation and impairment
At 01 April 2023
4,851
2,246
2,605
-
Charge for year
4,011
1,797
2,214
-
At 31 March 2024
8,862
4,043
4,819
-
At 31 March 2024
Net book value
4,500
12,545
7,187
24,232
At 31 March 2023
-
14,759
8,984
23,743
4. Inventories
2023
2024
£
£
Stocks
5,150
1,700
5. Trade and other receivables
2023
2024
£
£
Trade debtors
28,707
13,085
Other debtors
2,936
691
13,776
31,643
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
16,093
15,168
Taxation and social security
16,471
419
Other creditors
36,120
42,393
68,684
57,980
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7
For the year ended 31 March 2024
A W Mitchell Electrical Services Ltd
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
40,000
-
8. Average number of persons employed
During the year the average number of employees was 4 (2023 : 2)
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