Company Registration No. 14140147 (England and Wales)
Mayberry Electrical Limited
Unaudited accounts
for the year ended 31 May 2024
Mayberry Electrical Limited
Unaudited accounts
Contents
Mayberry Electrical Limited
Company Information
for the year ended 31 May 2024
Directors
R Mayberry
O Mayberry
Company Number
14140147 (England and Wales)
Registered Office
The Old George
Middle Wallop
Stockbridge
Hampshire
SO20 8HN
England
Accountants
N L Accounting (South West) Ltd
Unit 7, Town Farm Workshops
Sixpenny Handley
Salisbury
Wiltshire
SP5 5PA
Mayberry Electrical Limited
Statement of financial position
as at 31 May 2024
Tangible assets
39,892
7,750
Cash at bank and in hand
15,853
5,799
Creditors: amounts falling due within one year
(18,911)
(25,785)
Net current assets/(liabilities)
10,184
(7,588)
Total assets less current liabilities
50,076
162
Creditors: amounts falling due after more than one year
(23,784)
-
Called up share capital
100
100
Profit and loss account
26,192
62
Shareholders' funds
26,292
162
For the year ending 31 May 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 12 November 2024 and were signed on its behalf by
R Mayberry
Director
Company Registration No. 14140147
Mayberry Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
Mayberry Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 14140147. The registered office is The Old George, Middle Wallop, Stockbridge, Hampshire, SO20 8HN, 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:
Motor vehicles
15% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
8,000
-
8,000
Additions
33,157
1,749
34,906
At 31 May 2024
41,157
1,749
42,906
Charge for the year
2,655
109
2,764
At 31 May 2024
2,905
109
3,014
At 31 May 2024
38,252
1,640
39,892
At 31 May 2023
7,750
-
7,750
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Mayberry Electrical Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,912
5,491
Obligations under finance leases and hire purchase contracts
5,907
-
Taxes and social security
1,405
4,413
Loans from directors
8,027
15,881
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,784
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).