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Company Registration No. 14816198 (England and Wales)
O'Connell Electrical Services Ltd Unaudited accounts for the period from 20 April 2023 to 30 April 2024
O'Connell Electrical Services Ltd Unaudited accounts Contents
Page
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O'Connell Electrical Services Ltd Company Information for the period from 20 April 2023 to 30 April 2024
Director
Andrew Martin O'Connell
Company Number
14816198 (England and Wales)
Registered Office
20 Walton Gardens Waltham Abbey EN9 1BL
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O'Connell Electrical Services Ltd Statement of financial position as at 30 April 2024
2024 
Notes
£ 
Current assets
Debtors
12,708 
Cash at bank and in hand
1,568 
14,276 
Creditors: amounts falling due within one year
(3,194)
Net current assets
11,082 
Net assets
11,082 
Capital and reserves
Called up share capital
1 
Profit and loss account
11,081 
Shareholders' funds
11,082 
For the period ending 30 April 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 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 October 2024 and were signed on its behalf by
Andrew Martin O'Connell Director Company Registration No. 14816198
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O'Connell Electrical Services Ltd Notes to the Accounts for the period from 20 April 2023 to 30 April 2024
1
Statutory information
O'Connell Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14816198. The registered office is 20 Walton Gardens, Waltham Abbey , EN9 1BL.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
12,708 
5
Creditors: amounts falling due within one year
2024 
£ 
Taxes and social security
2,892 
Loans from directors
2 
Accruals
300 
3,194 
6
Share capital
2024 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
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O'Connell Electrical Services Ltd Notes to the Accounts for the period from 20 April 2023 to 30 April 2024
7
Transactions with related parties
The company was under the control of Andrew Martin O'Connell throughout the current period. Andrew Martin O'Connell is personally interested in 100% of the company's share capital. Andrew Martin O'Connell received a dividend from the company during the period of £1,250.
8
Average number of employees
During the period the average number of employees was 1.
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