Company Registration No. 11424224 (England and Wales)
ACG Electrical Systems Ltd
Unaudited accounts
for the year ended 30 June 2024
ACG Electrical Systems Ltd
Unaudited accounts
Contents
ACG Electrical Systems Ltd
Company Information
for the year ended 30 June 2024
Director
Adam Colin Glendall
Company Number
11424224 (England and Wales)
Registered Office
530 HASLUCKS GREEN ROAD
SHIRLEY
SOLIHULL
B90 1DS
UNITED KINGDOM
Accountants
Mike Chapman
36 Wyndley Grove
Sutton Coldfield
West Midlands
B72 1AR
ACG Electrical Systems Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
7,206
11,026
Creditors: amounts falling due within one year
(2,175)
(94,069)
Net current assets
9,705
18,482
Called up share capital
100
100
Profit and loss account
9,605
36,588
Shareholders' funds
9,705
36,688
For the year ending 30 June 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 11 October 2024 and were signed on its behalf by
Adam Colin Glendall
Director
Company Registration No. 11424224
ACG Electrical Systems Ltd
Notes to the Accounts
for the year ended 30 June 2024
ACG Electrical Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 11424224. The registered office is 530 HASLUCKS GREEN ROAD, SHIRLEY, SOLIHULL, B90 1DS, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
5,092
24,613
2,760
32,465
Disposals
(5,092)
(24,613)
(2,760)
(32,465)
At 1 July 2023
2,773
10,182
1,304
14,259
On disposals
(2,773)
(10,182)
(1,304)
(14,259)
At 30 June 2023
2,319
14,431
1,456
18,206
ACG Electrical Systems Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Other debtors
4,668
46,916
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
39,675
Loans from directors
2,175
22,678
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).