Salon Electricals Limited Filleted Accounts Cover |
Company No. 09607340 | |||||||||
Salon Electricals Limited Directors Report Registrar |
The Director presents his report and the accounts for the year ended 31 May 2024. | |||||||||
Principal activities | |||||||||
Director | |||||||||
The Director who served at any time during the year was as follows: | |||||||||
Jonathan Marsh | |||||||||
Signed on behalf of the board | |||||||||
Jonathan Marsh | |||||||||
Director | |||||||||
21 November 2024 |
Salon Electricals Limited Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Current assets | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 5 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ( | ( | ||||||||
Net liabilities | ( | ( | ||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 7 | ( | ( | |||||||
Total equity | ( | ( | ||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 21 November 2024 and signed on its behalf by: | ||||||||||
Jonathan Marsh | ||||||||||
Director | ||||||||||
21 November 2024 |
Salon Electricals Limited Notes to the Accounts Registrar |
for the year ended 31 May 2024 | ||||||||||||||
1 | General information | |||||||||||||
Salon Electricals Limited is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 09607340 | ||||||||||||||
Its registered office is: | Its trading address is: | |||||||||||||
11 Mansfield Road | ||||||||||||||
South Normanton | ||||||||||||||
Derbyshire | ||||||||||||||
DE55 2ER | ||||||||||||||
2 | Accounting policies | |||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Financial instruments | ||||||||||||||
Financial assets | ||||||||||||||
Basic financial assets, including trade and other receivables and cash and bank balances, are recognised and carried forward at transaction price. Financial assets are derecognised when: | ||||||||||||||
(a) The contractual rights to the cash flows from the asset expire or are settled; | ||||||||||||||
(b) Substantially all the risks and rewards of the ownership of the asset are transferred to another party; or | ||||||||||||||
(c) Control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions. | ||||||||||||||
Financial liabilities | ||||||||||||||
Basic financial liabilities, including trade and other payables, and loans from third parties are initially recognised and carried forward at transaction price. | ||||||||||||||
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. | ||||||||||||||
The company has only financial assets and financial liabilities of a kind that qualify as a basic financial instruments. Basic financial instruments are recognised initially at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest rate method. | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Amounts owed by group undertakings | ||||||||||||||
Corporation tax recoverable | ||||||||||||||
Loans to directors | ||||||||||||||
Other debtors | ||||||||||||||
5 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Taxes and social security | ||||||||||||||
Accruals and deferred income | ||||||||||||||
6 | Share Capital | |||||||||||||
Share capital consists of 100 Ordinary Shares of £1 each, which are fully paid. | ||||||||||||||
7 | Reserves | |||||||||||||
8 | Controlling party | |||||||||||||
The company is a subsidiary undertaking of J Marsh Limited, a company incorporated in and registered in England and Wales. | ||||||||||||||
J Marsh Limited is the immediate controlling party. | ||||||||||||||
The Registered Office of J Marsh Limited is as follows: | ||||||||||||||
C17 Kestrel Business Centre | ||||||||||||||
Private Road 2 | ||||||||||||||
Colwick Industrial Estate | ||||||||||||||
Nottingham | ||||||||||||||
NG4 2JR | ||||||||||||||
The ultimate controlling party is the director J Marsh. | ||||||||||||||