Registered number
08489285
Resolve Electrical Services Ltd
Report and Accounts
31 May 2024
Resolve Electrical Services Ltd
Report to the director on the preparation of the unaudited statutory accounts of Resolve Electrical Services Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Resolve Electrical Services Ltd for the year ended 31 May 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
18 October 2024
Resolve Electrical Services Ltd
Registered number: 08489285
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,011 2,451
Current assets
Debtors 4 4,240 -
Cash at bank and in hand 8,130 15,778
12,370 15,778
Creditors: amounts falling due within one year 5 (7,801) (4,491)
Net current assets 4,569 11,287
Net assets 6,580 13,738
Capital and reserves
Called up share capital 2 2
Profit and loss account 6,578 13,736
Shareholder's funds 6,580 13,738
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M T Chadburn
Director
Approved by the board on 18 October 2024
Resolve Electrical Services Ltd
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 3 years straight line
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 June 2023 7,068
Additions 566
At 31 May 2024 7,634
Depreciation
At 1 June 2023 4,617
Charge for the year 1,006
At 31 May 2024 5,623
Net book value
At 31 May 2024 2,011
At 31 May 2023 2,451
4 Debtors 2024 2023
£ £
Trade debtors 4,240 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 407 -
Corporation tax 6,869 5,718
Other taxes and social security costs (102) (1,851)
Other creditors 627 624
7,801 4,491
6 Other information
Resolve Electrical Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:
41 Mapledene Crescent
Nottingham
NG8 2SS
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