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Company Registration No. 06930153 (England and Wales)
Industrial Electrical Systems Limited Unaudited accounts for the year ended 31 March 2024
Industrial Electrical Systems Limited Unaudited accounts Contents
Page
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Industrial Electrical Systems Limited Company Information for the year ended 31 March 2024
Director
Mr P Burke
Secretary
Mrs M Burke
Company Number
06930153 (England and Wales)
Registered Office
Unit 4B, Ashford House Beaufort Court, Sir Thomas Longley Road, Rochester Kent ME2 4FA United Kingdom
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Industrial Electrical Systems Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,842 
20,094 
Current assets
Debtors
35,289 
32,913 
Cash at bank and in hand
129,581 
97,413 
164,870 
130,326 
Creditors: amounts falling due within one year
(74,260)
(54,405)
Net current assets
90,610 
75,921 
Net assets
101,452 
96,015 
Capital and reserves
Called up share capital
110 
110 
Profit and loss account
101,342 
95,905 
Shareholders' funds
101,452 
96,015 
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 14 November 2024 and were signed on its behalf by
Mr P Burke Director Company Registration No. 06930153
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Industrial Electrical Systems Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Industrial Electrical Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 06930153. The registered office is Unit 4B, Ashford House, Beaufort Court,, Sir Thomas Longley Road,, Rochester, Kent, ME2 4FA, United Kingdom.
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
4 years
Motor vehicles
4 years
Fixtures & fittings
4 years
Computer equipment
3 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
890 
58,753 
84 
5,009 
64,736 
Additions
- 
- 
- 
265 
265 
At 31 March 2024
890 
58,753 
84 
5,274 
65,001 
Depreciation
At 1 April 2023
840 
39,304 
21 
4,477 
44,642 
Charge for the year
13 
8,879 
21 
604 
9,517 
At 31 March 2024
853 
48,183 
42 
5,081 
54,159 
Net book value
At 31 March 2024
37 
10,570 
42 
193 
10,842 
At 31 March 2023
50 
19,449 
63 
532 
20,094 
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Industrial Electrical Systems Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
34,369 
29,343 
Other debtors
920 
3,570 
35,289 
32,913 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,050 
24,270 
VAT
18,082 
11,735 
Trade creditors
7,812 
1,766 
Taxes and social security
19,439 
15,108 
Other creditors
1,600 
2,968 
Loans from directors
13,277 
(1,442)
74,260 
54,405 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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