Company Registration No. NI661966 (Northern Ireland)
A. Scullin Electrics Ltd
Unaudited accounts
for the year ended 30 June 2024
A. Scullin Electrics Ltd
Unaudited accounts
Contents
A. Scullin Electrics Ltd
Company Information
for the year ended 30 June 2024
Company Number
NI661966 (Northern Ireland)
Registered Office
6 Fairhill Grove
Cookstown
Co. Tyrone
BT80 8TG
Accountants
SJK
8 Bridge Road
Moira
Co. Armagh
BT67 0PF
A. Scullin Electrics Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
6,905
7,333
Cash at bank and in hand
5,983
(1,113)
Creditors: amounts falling due within one year
(25,286)
(24,243)
Net current liabilities
(1,410)
(2,297)
Total assets less current liabilities
5,495
5,036
Creditors: amounts falling due after more than one year
(4,901)
(4,701)
Called up share capital
100
100
Profit and loss account
494
235
Shareholders' funds
594
335
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 21 January 2025 and were signed on its behalf by
A Scullin
Director
Company Registration No. NI661966
A. Scullin Electrics Ltd
Notes to the Accounts
for the year ended 30 June 2024
A. Scullin Electrics Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI661966. The registered office is 6 Fairhill Grove, Cookstown, Co. Tyrone, BT80 8TG.
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
18% Reducing balance basis
Motor vehicles
18% Reducing balance basis
Computer equipment
18% Reducing balance basis
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
283
12,560
457
13,300
At 30 June 2024
1,189
12,560
457
14,206
At 1 July 2023
127
5,635
205
5,967
Charge for the year
42
1,247
45
1,334
At 30 June 2024
169
6,882
250
7,301
At 30 June 2024
1,020
5,678
207
6,905
At 30 June 2023
156
6,925
252
7,333
Amounts falling due within one year
Trade debtors
17,393
18,559
A. Scullin Electrics Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,895
13,782
Taxes and social security
11,342
7,378
Loans from directors
(5,143)
(2,168)
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
.
2,167
26,026
23,050
5,143
2,167
26,026
23,050
5,143
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).