Company Registration No. 10616204 (England and Wales)
Sc Electrical (ne) Ltd
Unaudited accounts
for the year ended 29 February 2024
Sc Electrical (ne) Ltd
Unaudited accounts
Contents
Sc Electrical (ne) Ltd
Company Information
for the year ended 29 February 2024
Company Number
10616204 (England and Wales)
Sc Electrical (ne) Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
4,270
5,694
Cash at bank and in hand
1,128
564
Creditors: amounts falling due within one year
(12,074)
(17,477)
Net current liabilities
(10,196)
(5,858)
Total assets less current liabilities
(5,926)
(164)
Creditors: amounts falling due after more than one year
-
(597)
Net liabilities
(5,926)
(761)
Called up share capital
2
2
Profit and loss account
(5,928)
(763)
Shareholders' funds
(5,926)
(761)
For the year ending 29 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 his 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 28 November 2024 and were signed on its behalf by
Mr Sean Barnes
Director
Company Registration No. 10616204
Sc Electrical (ne) Ltd
Notes to the Accounts
for the year ended 29 February 2024
Sc Electrical (ne) Ltd is a private company, limited by shares, registered in England and Wales, registration number 10616204.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Sc Electrical (ne) Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
4,841
8,994
13,835
At 29 February 2024
4,841
8,994
13,835
At 1 March 2023
1,991
6,150
8,141
Charge for the year
713
711
1,424
At 29 February 2024
2,704
6,861
9,565
At 29 February 2024
2,137
2,133
4,270
At 28 February 2023
2,850
2,844
5,694
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,314
2,257
Taxes and social security
398
5,124
Loans from directors
9,042
8,776
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
597
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).