COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Company Registration Number:
01798239 (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

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 300,131 306,423
Total fixed assets: 300,131 306,423
Current assets
Stocks: 178,769 186,013
Debtors:   40,987 29,068
Cash at bank and in hand: 51,127 52,978
Total current assets: 270,883 268,059
Creditors: amounts falling due within one year: 4 (120,339) (115,087)
Net current assets (liabilities): 150,544 152,972
Total assets less current liabilities: 450,675 459,395
Creditors: amounts falling due after more than one year: 5 (129,069) (133,820)
Total net assets (liabilities): 321,606 325,575
Capital and reserves
Called up share capital: 120 120
Profit and loss account: 321,486 325,455
Shareholders funds: 321,606 325,575

The notes form part of these financial statements

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

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 21 November 2024
and signed on behalf of the board by:

Name: K Foreman
Status: Director

The notes form part of these financial statements

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

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

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 7 7

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 415,657
At 31 March 2024 415,657
Depreciation
At 01 April 2023 109,234
Charge for year 6,292
At 31 March 2024 115,526
Net book value
At 31 March 2024 300,131
At 31 March 2023 306,423

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

Bank Loans £6000 Trade Creditors £65358 Social Security and Other taxes £21484 Accruals £3000 Corporation tax £22775 Directors Loans £1722

COLCHESTER ELECTRICAL (WHOLESALE) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due after more than one year note

Bank Loans and Overdraft £129069