Company Registration No. 06578642 (England and Wales)
Mealey Electrical Contractors Limited
Unaudited accounts
for the year ended 31 March 2024
Mealey Electrical Contractors Limited
Unaudited accounts
Contents
Mealey Electrical Contractors Limited
Company Information
for the year ended 31 March 2024
Company Number
06578642 (England and Wales)
Registered Office
Unit 79, Waterside Road
Hamilton Industrial Estate, Hamilton
Leicester
LE5 1TL
Mealey Electrical Contractors Limited
Statement of financial position
as at 31 March 2024
Tangible assets
382,836
414,971
Cash at bank and in hand
58,377
214,043
Creditors: amounts falling due within one year
(147,599)
(480,586)
Net current assets
479,702
615,444
Total assets less current liabilities
862,538
1,030,415
Provisions for liabilities
Deferred tax
(18,526)
(24,423)
Net assets
844,012
1,005,992
Called up share capital
100
100
Profit and loss account
843,912
1,005,892
Shareholders' funds
844,012
1,005,992
For the year ending 31 March 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 24 October 2024 and were signed on its behalf by
Patrick Mealey
Director
Company Registration No. 06578642
Mealey Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2024
Mealey Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 06578642. The registered office is Unit 79, Waterside Road, Hamilton Industrial Estate, Hamilton, Leicester, LE5 1TL.
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.
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Intangible fixed assets
Goodwill
Mealey Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
286,431
75,402
203,435
565,268
At 31 March 2024
286,431
75,402
203,435
565,268
At 1 April 2023
-
37,499
112,798
150,297
Charge for the year
-
9,476
22,659
32,135
At 31 March 2024
-
46,975
135,457
182,432
At 31 March 2024
286,431
28,427
67,978
382,836
At 31 March 2023
286,431
37,903
90,637
414,971
Amounts falling due within one year
Trade debtors
184,244
459,462
Amounts due from group undertakings etc.
270,733
256,533
Accrued income and prepayments
2,618
2,817
Other debtors
79,189
81,041
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
12,679
Trade creditors
127,013
367,006
Taxes and social security
11,442
80,509
Other creditors
6,519
17,892
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Average number of employees
During the year the average number of employees was 15 (2023: 16).