Company Registration No. 05358749 (England and Wales)
W S Electrical Solutions Limited
Unaudited accounts
for the year ended 30 April 2024
W S Electrical Solutions Limited
Unaudited accounts
Contents
W S Electrical Solutions Limited
Company Information
for the year ended 30 April 2024
Directors
Mr Jonathan Ward
Mr Michael Swift
Company Number
05358749 (England and Wales)
Registered Office
UNIT 8 PONTEFRACT ROAD
STOURTON
LEEDS
WEST YORKSHIRE
LS10 1SP
ENGLAND
Accountants
Business Works UK Ltd
4 Lidgett Lane
Garforth
Leeds
West Yorkshire
LS25 1EQ
W S Electrical Solutions Limited
Statement of financial position
as at 30 April 2024
Intangible assets
22,954
-
Tangible assets
168,397
60,027
Cash at bank and in hand
382,682
483,060
Creditors: amounts falling due within one year
(879,371)
(455,314)
Net current assets
476,704
519,429
Total assets less current liabilities
668,055
579,456
Provisions for liabilities
Deferred tax
(47,838)
(11,405)
Net assets
620,217
568,051
Called up share capital
100
100
Profit and loss account
620,117
567,951
Shareholders' funds
620,217
568,051
For the year ending 30 April 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 25 November 2024 and were signed on its behalf by
Mr Jonathan Ward
Director
Company Registration No. 05358749
W S Electrical Solutions Limited
Notes to the Accounts
for the year ended 30 April 2024
W S Electrical Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 05358749. The registered office is UNIT 8 PONTEFRACT ROAD, STOURTON, LEEDS, WEST YORKSHIRE, LS10 1SP, 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:
Plant & machinery
15% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
W S Electrical Solutions Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
41,253
21,971
13,912
19,538
96,674
Additions
5,050
126,547
1,209
11,724
144,530
At 30 April 2024
46,303
148,518
15,121
31,262
241,204
At 1 May 2023
13,784
9,613
4,503
8,747
36,647
Charge for the year
4,384
25,801
1,562
4,413
36,160
At 30 April 2024
18,168
35,414
6,065
13,160
72,807
At 30 April 2024
28,135
113,104
9,056
18,102
168,397
At 30 April 2023
27,469
12,358
9,409
10,791
60,027
Amounts falling due within one year
Trade debtors
903,794
462,974
Accrued income and prepayments
33,566
26,723
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
644,520
246,557
Taxes and social security
95,464
95,899
Other creditors
56,545
25,003
Loans from directors
884
884
Deferred income
79,865
85,093
8
Average number of employees
During the year the average number of employees was 16 (2023: 14).