MENA ELECTRICAL LTD

Company Registration Number:
07755027 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

MENA ELECTRICAL LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

MENA ELECTRICAL LTD

Company Information

for the Period Ended 31 July 2024




Director: Eduart Mena
Registered office: 33
Bullhead Road
Borehamwood
Hertfordshire
WD6 1HW
Company Registration Number: 07755027 (England and Wales)

MENA ELECTRICAL LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 5 22,579 17,380
Total fixed assets: 22,579 17,380
Current assets
Debtors: 197
Cash at bank and in hand: 115,917 86,182
Total current assets: 115,917 86,379
Creditors: amounts falling due within one year: ( 23,332 ) ( 28,514 )
Net current assets (liabilities): 92,585 57,865
Total assets less current liabilities: 115,164 75,245
Total net assets (liabilities): 115,164 75,245

The notes form part of these financial statements

MENA ELECTRICAL LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 115,064 75,145
Shareholders funds: 115,164 75,245

For the year ending 31 July 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 November 2024
And Signed On Behalf Of The Board By:

Name: Eduart Mena
Status: Director

The notes form part of these financial statements

MENA ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Depreciation of fixed assets is calculated so as to write off their costs over their estimated useful lives, the rates used on a written down value basis being:

    Machinery and Equipment 10%
    Office and Computer Equipment 20%
    Furniture & Fittings 15%

    Intangible fixed assets amortisation policy

MENA ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

MENA ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

MENA ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Dividends


2024
£

2023
£
Dividends paid 29,000 12,000

MENA ELECTRICAL LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible Assets

Total
Cost £
At 01 August 2023 33,647
Additions 8,364
Disposals -
Revaluations -
Transfers -
At 31 July 2024 42,011
Depreciation
At 01 August 2023 16,267
Charge for year 3,165
On disposals -
Other adjustments -
At 31 July 2024 19,432
Net book value
At 31 July 2024 22,579
At 31 July 2023 17,380