Registered number
05496943
SES Electrical Contractors Ltd
Abbreviated Accounts
31 August 2024
SES Electrical Contractors Ltd
Registered number: 05496943
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 11,890 823
Current assets
Debtors 4 522 5,147
Cash at bank and in hand 3,912 10,922
4,434 16,069
Creditors: amounts falling due within one year 5 (2,862) (3,843)
Net current assets 1,572 12,226
Net assets 13,462 13,049
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 12,462 12,049
Shareholders' funds 13,462 13,049
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
S M Roberts
Director
Approved by the board on 6 November 2024
SES Electrical Contractors Ltd
Notes to the Accounts
for the year ended 31 August 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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
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 25% reducing balance basis
Fixtures, fittings, tools and equipment 25% reducing balance basis
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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 September 2023 24,362
Additions 15,600
Disposals (7,600)
At 31 August 2024 32,362
Depreciation
At 1 September 2023 23,539
Charge for the year 3,963
On disposals (7,030)
At 31 August 2024 20,472
Net book value
At 31 August 2024 11,890
At 31 August 2023 823
4 Debtors 2024 2023
£ £
Trade debtors 522 5,147
5 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 1,981 2,669
Other creditors 881 1,174
2,862 3,843
6 Other information
SES Electrical Contractors Ltd is a private company limited by shares and incorporated in England. Its registered office is:
78 Kimberley Road, Little Wakering, Southend-On-Sea, Essex, SS3 0JP
SES Electrical Contractors Ltd 05496943 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 S M Roberts No description of principal activity 05496943 2022-09-01 2023-08-31 05496943 core:WithinOneYear 2023-08-31 05496943 core:ShareCapital 2023-08-31 05496943 core:RetainedEarningsAccumulatedLosses 2023-08-31 05496943 2023-09-01 2024-08-31 05496943 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 05496943 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 05496943 bus:Director40 2023-09-01 2024-08-31 05496943 core:PlantMachinery 2023-09-01 2024-08-31 05496943 countries:England 2023-09-01 2024-08-31 05496943 bus:FRS102 2023-09-01 2024-08-31 05496943 bus:FilletedAccounts 2023-09-01 2024-08-31 05496943 2024-08-31 05496943 core:WithinOneYear 2024-08-31 05496943 core:ShareCapital 2024-08-31 05496943 core:RetainedEarningsAccumulatedLosses 2024-08-31 05496943 core:PlantMachinery 2024-08-31 05496943 2023-08-31 05496943 core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure