IRIS Accounts Production v24.3.0.553 SC284550 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2845502023-03-31SC2845502024-03-31SC2845502023-04-012024-03-31SC2845502022-03-31SC2845502022-04-012023-03-31SC2845502023-03-31SC284550ns15:Scotland2023-04-012024-03-31SC284550ns14:PoundSterling2023-04-012024-03-31SC284550ns10:Director12023-04-012024-03-31SC284550ns10:PrivateLimitedCompanyLtd2023-04-012024-03-31SC284550ns10:SmallEntities2023-04-012024-03-31SC284550ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31SC284550ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-31SC284550ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC284550ns10:FullAccounts2023-04-012024-03-31SC284550ns10:Director22023-04-012024-03-31SC284550ns10:Director32023-04-012024-03-31SC284550ns10:CompanySecretary12023-04-012024-03-31SC284550ns10:RegisteredOffice2023-04-012024-03-31SC284550ns5:CurrentFinancialInstruments2024-03-31SC284550ns5:CurrentFinancialInstruments2023-03-31SC284550ns5:Non-currentFinancialInstruments2024-03-31SC284550ns5:Non-currentFinancialInstruments2023-03-31SC284550ns5:ShareCapital2024-03-31SC284550ns5:ShareCapital2023-03-31SC284550ns5:RetainedEarningsAccumulatedLosses2024-03-31SC284550ns5:RetainedEarningsAccumulatedLosses2023-03-31SC284550ns5:LandBuildings2023-04-012024-03-31SC284550ns5:PlantMachinery2023-04-012024-03-31SC284550ns5:LandBuildings2023-03-31SC284550ns5:PlantMachinery2023-03-31SC284550ns5:LandBuildings2024-03-31SC284550ns5:PlantMachinery2024-03-31SC284550ns5:LandBuildings2023-03-31SC284550ns5:PlantMachinery2023-03-31SC284550ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31SC284550ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31SC284550ns5:DeferredTaxation2023-03-31SC284550ns5:DeferredTaxation2023-04-012024-03-31SC284550ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: SC284550 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

ANDREW MURRAY ELECTRICIAN LTD.

ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ANDREW MURRAY ELECTRICIAN LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mrs M Murray
A Murray
A A Murray





SECRETARY: Mrs M Murray





REGISTERED OFFICE: 10 Main Road
Rathven
Buckie
Banffshire
AB56 4DW





REGISTERED NUMBER: SC284550 (Scotland)





ACCOUNTANTS: Goldwells Ltd
3 Cluny Square
Buckie
Moray
AB56 1AH

ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 129,540 132,437

CURRENT ASSETS
Stock and work in progress 101,603 75,748
Debtors 5 189,295 165,308
Cash at bank 81,566 84,488
372,464 325,544
CREDITORS
Amounts falling due within one year 6 196,727 160,334
NET CURRENT ASSETS 175,737 165,210
TOTAL ASSETS LESS CURRENT
LIABILITIES

305,277

297,647

CREDITORS
Amounts falling due after more than one
year

7

(14,499

)

(833

)

PROVISIONS FOR LIABILITIES 8 (25,196 ) (25,163 )
NET ASSETS 265,582 271,651

CAPITAL AND RESERVES
Called up share capital 103 103
Retained earnings 265,479 271,548
265,582 271,651

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)

BALANCE SHEET - continued
31ST MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd December 2024 and were signed on its behalf by:





A Murray - Director


ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Andrew Murray Electrician Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 25% on reducing balance

STOCKS
Stock and work in progress and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stock and work in progress to their present location and condition.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 15 ) .

ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st April 2023 16,103 372,232 388,335
Additions - 39,928 39,928
Disposals - (23,815 ) (23,815 )
At 31st March 2024 16,103 388,345 404,448
DEPRECIATION
At 1st April 2023 4,737 251,161 255,898
Charge for year 322 39,498 39,820
Eliminated on disposal - (20,810 ) (20,810 )
At 31st March 2024 5,059 269,849 274,908
NET BOOK VALUE
At 31st March 2024 11,044 118,496 129,540
At 31st March 2023 11,366 121,071 132,437

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 182,941 159,751
Other debtors 6,354 5,557
189,295 165,308

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,446 5,000
Trade creditors 75,315 60,695
Taxation and social security 10,351 6,338
Other creditors 104,615 88,301
196,727 160,334

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 14,499 833

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 25,196 25,163

ANDREW MURRAY ELECTRICIAN LTD. (REGISTERED NUMBER: SC284550)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st April 2023 25,163
Provided during year 33
Balance at 31st March 2024 25,196