EMARK ELECTRICAL SERVICES LTD

Company Registration Number:
08970602 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

EMARK ELECTRICAL SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

EMARK ELECTRICAL SERVICES LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 0 4,070
Tangible assets: 4 3,457 3,122
Total fixed assets: 3,457 7,192
Current assets
Debtors: 5 9,129 4,657
Cash at bank and in hand: 5,837 5,405
Total current assets: 14,966 10,062
Creditors: amounts falling due within one year: 6 (11,009) (7,697)
Net current assets (liabilities): 3,957 2,365
Total assets less current liabilities: 7,414 9,557
Total net assets (liabilities): 7,414 9,557
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,314 9,457
Shareholders funds: 7,414 9,557

The notes form part of these financial statements

EMARK ELECTRICAL SERVICES LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 November 2024
and signed on behalf of the board by:

Name: Mr M Haynes
Status: Director

The notes form part of these financial statements

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets and depreciation policy

Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Fixtures, fittings and equipment 20% reducing balance

Intangible fixed assets and amortisation policy

Goodwill. Acquired goodwill is written off in equal annual instalments over it's useful economic life of 10 years.

Other accounting policies

1. Taxation. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. 2. Short Term Debtors and Creditors. Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss. 3. Cash and Cash Equivalents. Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 40,700
At 31 March 2024 40,700
Amortisation
At 01 April 2023 36,630
Charge for year 4,070
At 31 March 2024 40,700
Net book value
At 31 March 2024 0
At 31 March 2023 4,070

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 7,729
Additions 1,199
At 31 March 2024 8,928
Depreciation
At 01 April 2023 4,607
Charge for year 864
At 31 March 2024 5,471
Net book value
At 31 March 2024 3,457
At 31 March 2023 3,122

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

EMARK ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

Corporation Tax £4,110. Directors' loan accounts £5,748. Accruals £1,151.