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REGISTERED NUMBER: SC591657 (Scotland)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Combined Electrical Engineering Limited

Combined Electrical Engineering Limited (Registered number: SC591657)






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


Combined Electrical Engineering Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: K B McAllister
G Irwin
Mrs L McAllister





REGISTERED OFFICE: Unit 11 Alexander Stephen House
91 Holmfauld Road
Glasgow
G51 4RY





REGISTERED NUMBER: SC591657 (Scotland)





ACCOUNTANTS: Henderson & Company
73 Union Street
Greenock
Renfrewshire
PA16 8BG

Combined Electrical Engineering Limited (Registered number: SC591657)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,016 16,556

CURRENT ASSETS
Debtors 5 298,181 286,401
Cash at bank and in hand 291,299 378,459
589,480 664,860
CREDITORS
Amounts falling due within one year 6 198,231 253,116
NET CURRENT ASSETS 391,249 411,744
TOTAL ASSETS LESS CURRENT
LIABILITIES

431,265

428,300

CAPITAL AND RESERVES
Called up share capital 750 750
Capital redemption reserve 250 250
Retained earnings 430,265 427,300
431,265 428,300

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 directors acknowledge their 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.

Combined Electrical Engineering Limited (Registered number: SC591657)

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 Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:




G Irwin - Director K B McAllister - Director




Mrs L McAllister - Director


Combined Electrical Engineering Limited (Registered number: SC591657)

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

1. STATUTORY INFORMATION

Combined Electrical Engineering Limited is a private company, limited by shares , registered in Scotland. 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 11 ) .

Combined Electrical Engineering Limited (Registered number: SC591657)

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 44,608
Additions 31,134
At 31 March 2024 75,742
DEPRECIATION
At 1 April 2023 28,052
Charge for year 7,674
At 31 March 2024 35,726
NET BOOK VALUE
At 31 March 2024 40,016
At 31 March 2023 16,556

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 219,902 195,425
Other debtors 78,279 90,976
298,181 286,401

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 283 402
Trade creditors 53,806 73,080
Taxation and social security 137,293 147,144
Other creditors 6,849 32,490
198,231 253,116