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Company Registration No. 13840081 (England and Wales)
ISE ELECTRICAL LTD Accounts for the year ended 31 January 2024
ISE ELECTRICAL LTD Accounts Contents
Page
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ISE ELECTRICAL LTD Company Information for the year ended 31 January 2024
Director
Ignas Skrodenis
Company Number
13840081 (England and Wales)
Registered Office
61 Mosley Street International House Manchester M2 3HZ
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
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ISE ELECTRICAL LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,903 
9,091 
Current assets
Debtors
- 
125 
Cash at bank and in hand
5,631 
16,062 
5,631 
16,187 
Creditors: amounts falling due within one year
(6,008)
(13,571)
Net current (liabilities)/assets
(377)
2,616 
Net assets
8,526 
11,707 
Capital and reserves
Share premium
100 
100 
Profit and loss account
8,426 
11,607 
Shareholders' funds
8,526 
11,707 
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 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 1 October 2024 and were signed on its behalf by
Ignas Skrodenis Director Company Registration No. 13840081
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ISE ELECTRICAL LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
ISE ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 13840081. The registered office is 61 Mosley Street, International House, Manchester, M2 3HZ.
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 remained unchanged from the previous year, and also 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.
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:
Motor vehicles
20% Reducing Balance Basis
Going concern
These Financial Statements have been prepared on a "Going Concern" basis, which assumes the company will continue to trade normally for the foreseeable future.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
9,740 
At 31 January 2024
9,740 
Depreciation
At 1 February 2023
649 
Charge for the year
188 
At 31 January 2024
837 
Net book value
At 31 January 2024
8,903 
At 31 January 2023
9,091 
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ISE ELECTRICAL LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
125 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
5,457 
874 
Taxes and social security
551 
590 
Loans from directors
- 
12,107 
6,008 
13,571 
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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