1 March 2023 false No description of principal activity Taxfiler 2024.6 09461528business:PrivateLimitedCompanyLtd2023-03-012024-02-29 094615282023-02-28 094615282023-03-012024-02-29 09461528business:AuditExemptWithAccountantsReport2023-03-012024-02-29 09461528business:FilletedAccounts2023-03-012024-02-29 094615282024-02-29 09461528business:Director12023-03-012024-02-29 09461528business:Director22023-03-012024-02-29 09461528business:RegisteredOffice2023-03-012024-02-29 094615282023-02-28 09461528core:WithinOneYear2024-02-29 09461528core:WithinOneYear2023-02-28 09461528core:AfterOneYear2024-02-29 09461528core:AfterOneYear2023-02-28 09461528core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 09461528core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09461528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09461528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09461528core:PreviouslyStatedAmount2024-02-29 09461528core:PreviouslyStatedAmount2023-02-28 09461528business:SmallEntities2023-03-012024-02-29 09461528countries:EnglandWales2023-03-012024-02-29 09461528core:PlantMachinery2023-03-012024-02-29 09461528core:MotorVehicles2023-03-012024-02-29 09461528core:PlantMachinery2023-02-28 09461528core:MotorVehicles2023-02-28 09461528core:PlantMachinery2024-02-29 09461528core:MotorVehicles2024-02-29 094615282022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09461528 (England and Wales)
Williams Electrical Contractors (Cymru) Ltd Unaudited accounts for the year ended 29 February 2024
Williams Electrical Contractors (Cymru) Ltd Unaudited accounts Contents
Page
- 2 -
Williams Electrical Contractors (Cymru) Ltd Company Information for the year ended 29 February 2024
Directors
Mr D W Williams Mr S A Williams
Company Number
09461528 (England and Wales)
Registered Office
Picton House Maesybont Road Gorslas Llanelli Carmarthenshire SA14 7NA Wales
Accountants
Waltwood Accountants 46 Gurnos Road Ystalyfera Swansea SA9 2HY
- 3 -
Williams Electrical Contractors (Cymru) Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
93,418 
65,091 
Current assets
Inventories
26,605 
41,000 
Debtors
483,517 
560,631 
Cash at bank and in hand
91,799 
123,808 
601,921 
725,439 
Creditors: amounts falling due within one year
(330,578)
(515,349)
Net current assets
271,343 
210,090 
Total assets less current liabilities
364,761 
275,181 
Creditors: amounts falling due after more than one year
(55,312)
(58,984)
Net assets
309,449 
216,197 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
309,448 
216,196 
Shareholders' funds
309,449 
216,197 
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 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 19 September 2024 and were signed on its behalf by
Mr D W Williams Director Company Registration No. 09461528
- 4 -
Williams Electrical Contractors (Cymru) Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Williams Electrical Contractors (Cymru) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09461528. The registered office is Picton House, Maesybont Road, Gorslas, Llanelli, Carmarthenshire, SA14 7NA, Wales.
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 year, 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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
41,040 
136,014 
177,054 
Additions
21,711 
37,755 
59,466 
At 29 February 2024
62,751 
173,769 
236,520 
Depreciation
At 1 March 2023
25,403 
86,560 
111,963 
Charge for the year
9,337 
21,802 
31,139 
At 29 February 2024
34,740 
108,362 
143,102 
Net book value
At 29 February 2024
28,011 
65,407 
93,418 
At 28 February 2023
15,637 
49,454 
65,091 
- 5 -
Williams Electrical Contractors (Cymru) Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
51,624 
44,010 
Trade debtors
427,030 
516,621 
Other debtors
4,863 
- 
483,517 
560,631 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
41,322 
19,839 
Obligations under finance leases and hire purchase contracts
12,224 
8,774 
Trade creditors
230,408 
227,940 
Taxes and social security
46,624 
142,693 
Loans from directors
- 
116,103 
330,578 
515,349 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,147 
47,534 
Obligations under finance leases and hire purchase contracts
28,165 
11,450 
55,312 
58,984 
8
Average number of employees
During the year the average number of employees was 26 (2023: 15).
- 6 -