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
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
Mark Vyse Electrical Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
13,890
15,684
Creditors: amounts falling due within one year
(873)
(3,111)
Net current assets
14,533
14,211
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
Mark Vyse Electrical Ltd
Notes to the Accounts
for the year ended 30 April 2024
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.
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:
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
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
At 30 April 2024
157
81
-
238
At 30 April 2023
185
95
-
280
Amounts falling due within one year
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)
-
Taxes and social security
67
2,734
Loans from directors
102
77
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).