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REGISTERED NUMBER: 08959564 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Markham Electrical Ltd

Markham Electrical Ltd (Registered number: 08959564)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Markham Electrical Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P C Markham





REGISTERED OFFICE: Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN





REGISTERED NUMBER: 08959564 (England and Wales)





ACCOUNTANT: P.A. Scammell
Accountant
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Markham Electrical Ltd (Registered number: 08959564)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,897 2,530

CURRENT ASSETS
Stocks 2,828 800
Debtors 5 3,205 4,194
Cash at bank 4,208 7,746
10,241 12,740
CREDITORS
Amounts falling due within one year 6 11,747 13,566
NET CURRENT LIABILITIES (1,506 ) (826 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

391

1,704

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 291 1,604
SHAREHOLDERS' FUNDS 391 1,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 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.

Markham Electrical Ltd (Registered number: 08959564)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2024 and were signed by:





P C Markham - Director


Markham Electrical Ltd (Registered number: 08959564)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Markham 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.
Plant and machinery etc - 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Markham Electrical Ltd (Registered number: 08959564)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 7,910
DEPRECIATION
At 1 April 2023 5,380
Charge for year 633
At 31 March 2024 6,013
NET BOOK VALUE
At 31 March 2024 1,897
At 31 March 2023 2,530

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 895
Other debtors 3,205 3,299
3,205 4,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,209 623
Taxation and social security 1,952 4,042
Other creditors 7,586 8,901
11,747 13,566