1 March 2023 false No description of principal activity Taxfiler 2024.6 13196238business:PrivateLimitedCompanyLtd2023-03-012024-02-28 131962382023-02-28 131962382023-03-012024-02-28 13196238business:AuditExemptWithAccountantsReport2023-03-012024-02-28 13196238business:FilletedAccounts2023-03-012024-02-28 131962382024-02-28 13196238business:Director12023-03-012024-02-28 13196238business:RegisteredOffice2023-03-012024-02-28 131962382023-02-28 13196238core:WithinOneYear2024-02-28 13196238core:WithinOneYear2023-02-28 13196238core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 13196238core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13196238core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 13196238core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13196238core:PreviouslyStatedAmount2024-02-28 13196238core:PreviouslyStatedAmount2023-02-28 13196238business:SmallEntities2023-03-012024-02-28 13196238countries:EnglandWales2023-03-012024-02-28 13196238core:FurnitureFittings2023-03-012024-02-28 13196238core:ComputerEquipment2023-03-012024-02-28 13196238core:FurnitureFittings2023-02-28 13196238core:ComputerEquipment2023-02-28 13196238core:FurnitureFittings2024-02-28 13196238core:ComputerEquipment2024-02-28 131962382022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13196238 (England and Wales)
Shannan Electrical Services Ltd accounts for the period from 1 March 2023 to 28 February 2024
Shannan Electrical Services Ltd accounts Contents
Page
- 2 -
Shannan Electrical Services Ltd Company Information for the period from 1 March 2023 to 28 February 2024
Director
Shannan Melaugh
Company Number
13196238 (England and Wales)
Registered Office
8 Invicta Road London London SE3 7HF England
Accountants
Z & Z Accountants Ltd 952 EASTERN AVENUE ILFORD IG2 7JD
- 3 -
Shannan Electrical Services Ltd Statement of financial position as at 28 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,154 
2,833 
Current assets
Inventories
10,524 
8,248 
Debtors
2,000 
7,100 
Cash at bank and in hand
10,124 
1,971 
22,648 
17,319 
Creditors: amounts falling due within one year
(27,430)
(2,944)
Net current (liabilities)/assets
(4,782)
14,375 
Net assets
1,372 
17,208 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,371 
17,207 
Shareholders' funds
1,372 
17,208 
For the period ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 20 November 2024 and were signed on its behalf by
Shannan Melaugh Director Company Registration No. 13196238
- 4 -
Shannan Electrical Services Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
1
Statutory information
Shannan Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13196238. The registered office is 8 Invicta Road, London, London, SE3 7HF, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
3,000 
541 
3,541 
Additions
- 
4,859 
4,859 
At 28 February 2024
3,000 
5,400 
8,400 
Depreciation
At 1 March 2023
600 
108 
708 
Charge for the period
480 
1,058 
1,538 
At 28 February 2024
1,080 
1,166 
2,246 
Net book value
At 28 February 2024
1,920 
4,234 
6,154 
At 28 February 2023
2,400 
433 
2,833 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
2,000 
7,100 
- 5 -
Shannan Electrical Services Ltd Notes to the Accounts for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,166 
4,860 
Taxes and social security
- 
7,003 
Other creditors
3,028 
7,239 
Loans from directors
21,736 
(18,008)
Accruals
500 
1,850 
27,430 
2,944 
7
Average number of employees
During the period the average number of employees was 5 (2023: 2).
- 6 -