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Company Registration No. 07226029 (England and Wales)
Mark Vyse Electrical Ltd Unaudited accounts for the year ended 30 April 2024
Mark Vyse Electrical Ltd Unaudited accounts Contents
Page
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Mark Vyse Electrical Ltd Company Information for the year ended 30 April 2024
Directors
Mark Vyse Annette Vyse
Company Number
07226029 (England and Wales)
Registered Office
9 South Croft Close Kirby Cross Frinton on Sea Essex CO13 0QD England
Accountants
Accounting Solutions Anglia Ltd 13 Cornflower Road Jaywick Sands Clacton on Sea Essex CO15 2RZ
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Mark Vyse Electrical Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
238 
280 
Current assets
Inventories
650 
650 
Debtors
866 
988 
Cash at bank and in hand
13,890 
15,684 
15,406 
17,322 
Creditors: amounts falling due within one year
(873)
(3,111)
Net current assets
14,533 
14,211 
Net assets
14,771 
14,491 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
13,771 
13,491 
Shareholders' funds
14,771 
14,491 
For the year ending 30 April 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 8 January 2025 and were signed on its behalf by
Mark Vyse Director Company Registration No. 07226029
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Mark Vyse Electrical Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Mark Vyse Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07226029. The registered office is 9 South Croft Close, Kirby Cross, Frinton on Sea, Essex, CO13 0QD, 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.
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
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
33.3% on Cost
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
1,278 
750 
509 
2,537 
At 30 April 2024
1,278 
750 
509 
2,537 
Depreciation
At 1 May 2023
1,093 
655 
509 
2,257 
Charge for the year
28 
14 
- 
42 
At 30 April 2024
1,121 
669 
509 
2,299 
Net book value
At 30 April 2024
157 
81 
- 
238 
At 30 April 2023
185 
95 
- 
280 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
866 
988 
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Mark Vyse Electrical Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
(454)
- 
VAT
127 
- 
Trade creditors
681 
- 
Taxes and social security
67 
2,734 
Loans from directors
102 
77 
Accruals
350 
300 
873 
3,111 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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