2023-11-01 07797126 2024-10-31 07797126 2023-11-01 2024-10-31 07797126 2023-10-31 07797126 2022-11-01 2023-10-31 07797126 uk-core:WithinOneYear 2023-10-31 07797126 uk-core:WithinOneYear 2024-10-31 07797126 uk-core:AfterOneYear 2023-10-31 07797126 uk-core:AfterOneYear 2024-10-31 07797126 uk-core:ShareCapital 2024-10-31 07797126 uk-core:ShareCapital 2023-10-31 07797126 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 07797126 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 07797126 uk-bus:Director1 2023-11-01 2024-10-31 07797126 uk-core:CommercialMotorVehicles 2023-11-01 2024-10-31 07797126 uk-core:ComputerEquipment 2023-11-01 2024-10-31 07797126 uk-core:FurnitureFittings 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure 07797126 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 07797126 uk-bus:FRS102 2023-11-01 2024-10-31 07797126 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 07797126 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Rex Electrical (Essex) Limited
Registered Number:07797126
For the year ended 31 October 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2024
Rex Electrical (Essex) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07797126
As at 31 October 2024
Rex Electrical (Essex) Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Trade and other receivables
640
11,279
2
46,171
Cash and cash equivalents
88,422
99,701
46,811
Trade and other payables: amounts falling due within one
year
(2,306)
(20,989)
3
44,505
78,712
Net current assets
Total assets less current liabilities
78,712
44,505
Trade and other payables: amounts falling due after more
than one year
(5,880)
(4,407)
4
74,305
Net assets
38,625
Capital and reserves
Called up share capital
100
100
Retained earnings
74,205
38,525
74,305
38,625
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Mark Greatrex Director
These financial statements were approved and authorised for issue by the Board on 23 January 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 October 2024
Rex Electrical (Essex) Limited
Notes to the Financial Statements
Statutory Information
Rex Electrical (Essex) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07797126.
Principal place of business:
36 Wickbeach Avenue
Wickford
SS11 8AP
Registered address:
2B Zider Pass
Canvey Island
England
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
33.33 Straight line
33.33 Straight line
Computer Equipment
33.33 Straight line
Furniture and Fittings
2. Trade and other receivables
2023
2024
£
£
Trade debtors
4,330
-
Other debtors
6,949
640
640
11,279
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
11,182
1,074
Taxation and social security
9,807
855
Other creditors
-
377
20,989
2,306
2 of 3
5
For the year ended 31 October 2024
Rex Electrical (Essex) Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
4,407
5,880
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3