Company Registration No. 11255104 (England and Wales)
M Taylor Electrical Services Limited
Unaudited accounts
for the year ended 31 March 2024
M Taylor Electrical Services Limited
Unaudited accounts
Contents
M Taylor Electrical Services Limited
Company Information
for the year ended 31 March 2024
Directors
Myles Taylor
Tanya Martin-Whitticombe
Company Number
11255104 (England and Wales)
Registered Office
20 Meadow Mead
Frampton Cotterell
Bristol
BS36 2BE
England
Accountants
Rock Accountancy Limited
62 Oakdale Road
Bristol
BS16 6EA
M Taylor Electrical Services Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
3,341
18,909
Creditors: amounts falling due within one year
(7,437)
(12,723)
Net current assets
14,338
17,066
Total assets less current liabilities
14,660
17,521
Creditors: amounts falling due after more than one year
(4,649)
(6,634)
Called up share capital
2
2
Profit and loss account
10,009
10,885
Shareholders' funds
10,011
10,887
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 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 26 December 2024 and were signed on its behalf by
Myles Taylor
Director
Company Registration No. 11255104
M Taylor Electrical Services Limited
Notes to the Accounts
for the year ended 31 March 2024
M Taylor Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 11255104. The registered office is 20 Meadow Mead, Frampton Cotterell, Bristol, BS36 2BE, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
18,532
839
19,371
At 31 March 2024
18,532
839
19,371
At 1 April 2023
18,532
384
18,916
Charge for the year
-
133
133
At 31 March 2024
18,532
517
19,049
At 31 March 2024
-
322
322
At 31 March 2023
-
455
455
M Taylor Electrical Services Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
12,219
1,659
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,595
Taxes and social security
5,426
6,243
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).