Company Registration No. 12434198 (England and Wales)
SM ELECTRICAL SERVICES (NW) LTD
Unaudited accounts
for the year ended 31 January 2024
SM ELECTRICAL SERVICES (NW) LTD
Unaudited accounts
Contents
SM ELECTRICAL SERVICES (NW) LTD
Company Information
for the year ended 31 January 2024
Directors
S. GORDON
M. CHALK
Company Number
12434198 (England and Wales)
Registered Office
6 STATION TERRACE
STATION ROAD
RUNCORN
CHESHIRE
WA7 3EP
ENGLAND
SM ELECTRICAL SERVICES (NW) LTD
Statement of financial position
as at 31 January 2024
Tangible assets
93,920
66,137
Cash at bank and in hand
394,227
137,055
Creditors: amounts falling due within one year
(167,351)
(34,556)
Net current assets
291,983
134,684
Total assets less current liabilities
385,903
200,821
Creditors: amounts falling due after more than one year
(6,810)
(12,134)
Net assets
379,093
188,687
Called up share capital
2
2
Capital redemption reserve
62,999
28,473
Profit and loss account
316,092
160,212
Shareholders' funds
379,093
188,687
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 10 July 2024 and were signed on its behalf by
S. GORDON
Director
Company Registration No. 12434198
SM ELECTRICAL SERVICES (NW) LTD
Notes to the Accounts
for the year ended 31 January 2024
SM ELECTRICAL SERVICES (NW) LTD is a private company, limited by shares, registered in England and Wales, registration number 12434198. The registered office is 6 STATION TERRACE, STATION ROAD, RUNCORN, CHESHIRE, WA7 3EP, 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
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
18,935
67,431
86,366
At 31 January 2024
18,935
101,957
120,892
At 1 February 2023
-
20,229
20,229
Charge for the year
-
6,743
6,743
At 31 January 2024
-
26,972
26,972
At 31 January 2024
18,935
74,985
93,920
At 31 January 2023
18,935
47,202
66,137
Amounts falling due within one year
Other debtors
65,107
32,185
SM ELECTRICAL SERVICES (NW) LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,324
5,324
Trade creditors
20,776
12,084
Taxes and social security
60,111
(3,932)
Other creditors
81,140
1,080
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).