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REGISTERED NUMBER: 10000997 (England and Wales)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Robert Mcmillan Electrical Ltd

Robert Mcmillan Electrical Ltd (Registered number: 10000997)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Robert Mcmillan Electrical Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: R McMillan





REGISTERED OFFICE: 112 Owley Wood Road
Weaverham
Northwich
Cheshire
CW8 3JU





REGISTERED NUMBER: 10000997 (England and Wales)





ACCOUNTANTS: Emmerson Accountancy Ltd
Atlantic Business Centre
Atlantic Street
Altrincham
Cheshire
WA14 5NQ

Robert Mcmillan Electrical Ltd (Registered number: 10000997)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11,234 14,840

CURRENT ASSETS
Debtors 5 854 1,172
Cash at bank 227 92
1,081 1,264
CREDITORS
Amounts falling due within one year 6 (821 ) (1,468 )
NET CURRENT ASSETS 1,902 2,732
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,136

17,572

CREDITORS
Amounts falling due after more than one year 7 11,050 12,731
NET ASSETS 2,086 4,841

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 2,085 4,840
SHAREHOLDERS' FUNDS 2,086 4,841

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Robert Mcmillan Electrical Ltd (Registered number: 10000997)

Balance Sheet - continued
29 February 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 director and authorised for issue on 29 August 2024 and were signed by:





R McMillan - Director


Robert Mcmillan Electrical Ltd (Registered number: 10000997)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Robert Mcmillan Electrical Ltd is a private company, limited by shares , registered in England and Wales. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Robert Mcmillan Electrical Ltd (Registered number: 10000997)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 3,260 24,370 650 28,280
DEPRECIATION
At 1 March 2023 2,215 10,662 563 13,440
Charge for year 157 3,427 22 3,606
At 29 February 2024 2,372 14,089 585 17,046
NET BOOK VALUE
At 29 February 2024 888 10,281 65 11,234
At 28 February 2023 1,045 13,708 87 14,840

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 722 782
Prepayments 132 390
854 1,172

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 7 7
Tax 4,406 5,243
Social security and other taxes (6,092 ) (7,596 )
Directors' current accounts 15 32
Accrued expenses 843 846
(821 ) (1,468 )

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Other loans - 1-2 years 11,050 12,731

Robert Mcmillan Electrical Ltd (Registered number: 10000997)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1 Ordinary 1 1 1

9. RESERVES
Retained
earnings
£   

At 1 March 2023 4,840
Profit for the year 15,185
Dividends (17,940 )
At 29 February 2024 2,085