M.A.H. ELECTRICAL SERVICES LTD

Company Registration Number:
04741143 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

M.A.H. ELECTRICAL SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

M.A.H. ELECTRICAL SERVICES LTD

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

M A H MOTYCKI


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 October 2024

And signed on behalf of the board by:
Name: M A H MOTYCKI
Status: Director

M.A.H. ELECTRICAL SERVICES LTD

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 274,852 162,041
Cost of sales: ( 180,986 ) ( 117,945 )
Gross profit(or loss): 93,866 44,096
Administrative expenses: ( 27,252 ) ( 28,807 )
Other operating income: 12,640 12,600
Operating profit(or loss): 79,254 27,889
Interest receivable and similar income: 1,746 389
Profit(or loss) before tax: 81,000 28,278
Tax: ( 18,987 ) ( 6,399 )
Profit(or loss) for the financial year: 62,013 21,879

M.A.H. ELECTRICAL SERVICES LTD

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 279,026 283,826
Total fixed assets: 279,026 283,826
Current assets
Debtors: 4 21,585 6,876
Cash at bank and in hand: 166,314 112,636
Total current assets: 187,899 119,512
Creditors: amounts falling due within one year: 5 ( 50,396 ) ( 33,822 )
Net current assets (liabilities): 137,503 85,690
Total assets less current liabilities: 416,529 369,516
Total net assets (liabilities): 416,529 369,516
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 416,429 369,416
Total Shareholders' funds: 416,529 369,516

The notes form part of these financial statements

M.A.H. ELECTRICAL SERVICES LTD

Balance sheet statements

For the year ending 31 March 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.

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 29 October 2024
and signed on behalf of the board by:

Name: M A H MOTYCKI
Status: Director

The notes form part of these financial statements

M.A.H. ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

    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 policy

    Depreciation is provided at the following annual rates in order to right off each asset over its estimated useful life. Plant & Machinery - 25% on reducing balance Motor Vehicles - 25% on reducing balance.

    Other accounting policies

    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 due. 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 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.

M.A.H. ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

M.A.H. ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 264,626 2,026 45,210 311,862
Additions
Disposals ( 2,026 ) ( 2,026 )
Revaluations
Transfers
At 31 March 2024 264,626 0 45,210 309,836
Depreciation
At 1 April 2023 2,026 26,010 28,036
Charge for year 4,800 4,800
On disposals ( 2,026 ) ( 2,026 )
Other adjustments
At 31 March 2024 0 30,810 30,810
Net book value
At 31 March 2024 264,626 0 14,400 279,026
At 31 March 2023 264,626 0 19,200 283,826

M.A.H. ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 21,585 6,876
Total 21,585 6,876

M.A.H. ELECTRICAL SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 405 124
Taxation and social security 25,950 8,791
Other creditors 24,041 24,907
Total 50,396 33,822