Registered Number:11181536 |
For the year ended 28 February 2024
England and Wales
Report of the Director and Unaudited Financial Statements
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Contents Page
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Company Information
NICOLA EVANS
Director
11181536
TY-YSGUBOR
NEWBRIDGE-ON-WYE
LLANDRINDOD WELLS
LD1 6NP
DAVIES JOHN ACCOUNTANTS LIMITED
Accountants
TIMES BUILDING
SOUTH CRESCENT
LLANDRINDOD WELLS
LD1 5DH
1 of 7
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Director's Report
The director presents his report and financial statements for the year ended 28 February 2024.
The principal activity of the company continued to be that of
Director
The director who served the company throughout the year was as follows:
NICOLA EVANS
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
28 October 2024
2 of 7
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation of the financial statements |
for the year ended 28 February 2024 and you consider that the company is exempt from an audit under the |
Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in |
order to assist you to fulfil your statutory responsibilities, from the accounting records and information and |
explanations supplied to us. |
DAVIES JOHN ACCOUNTANTS LIMITED
ACCOUNTANT
WINSTON PHILLIPS
TIMES BUILDING
SOUTH CRESCENT
LLANDRINDOD WELLS
LD1 5DH
24 October 2024
3 of 7
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Income Statement
2023
2024
186,551
152,731
(80,907)
(84,727)
71,824
Gross profit
101,824
(41,746)
(24,847)
Operating profit
60,078
46,977
60,078
46,977
Profit before taxation
60,078
Profit for the financial year
46,977
4 of 7
SAMUEL ELECTRICS LIMITED
Statement of Financial Position
2023
2024
Property, plant and equipment |
27,885
34,006
2
27,885
34,006
Trade and other receivables |
3,490
-
3
14,162
Cash and cash equivalents |
82,051
82,051
17,652
Trade and other payables: amounts falling due within one |
year |
(3,000)
(1,200)
4
14,652
80,851
Net current assets
Total assets less current liabilities |
108,736
48,658
108,736
Net assets
48,658
108,736
48,658
108,736
48,658
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 28 October 2024 and were signed by: |
The notes form part of these financial statements |
5 of 7
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Notes to the Financial Statements
Statutory Information
SAMUEL ELECTRICS LIMITED is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 11181536. |
TY-YSGUBOR
NEWBRIDGE-ON-WYE
LLANDRINDOD WELLS
LD1 6NP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
59,194
26,000
33,194
33,194
26,000
59,194
Provision for depreciation and impairment |
25,188
15,277
9,911
Charge for year
6,121
1,930
4,191
31,309
17,207
14,102
19,092
8,793
27,885
23,283
10,723
34,006
3. Trade and other receivables |
2023
2024
-
3,490
6 of 7
For the year ended 28 February 2024
SAMUEL ELECTRICS LIMITED
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
1,200
3,000
5. Average number of persons employed |
During the year the average number of employees was 0
7 of 7