Registered number: 09139987 | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
Prepared By: | ||||||||
Reed-Ransted | ||||||||
Chartered Accountants | ||||||||
2 Burhill Grove | ||||||||
Pinner | ||||||||
Middlesex | ||||||||
HA5 3DW |
ELEC4YOU LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Middlesex | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in , registered number 09139987 | ||||||||
PLACE OF BUSINESS | ||||||||
31 Esmond Road, London, NW6 7HF. | ||||||||
ACCOUNTANTS | ||||||||
Reed-Ransted | ||||||||
Chartered Accountants | ||||||||
2 Burhill Grove | ||||||||
Pinner | ||||||||
Middlesex | ||||||||
HA5 3DW |
ELEC4YOU LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 JULY 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ELEC4YOU LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
Registered number: 09139987 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
22,435 | 27,285 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 876 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | 16,791 | 1,112 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
ELEC4YOU LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 JULY 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 25% |
1c. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1d. Goodwill | ||||||||
ELEC4YOU LIMITED | ||||||||
2. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 August 2023 | 10,000 | 10,000 | ||
At 31 July 2024 | 10,000 | 10,000 | ||
Depreciation | ||||
At 1 August 2023 | 10,000 | 10,000 | ||
At 31 July 2024 | 10,000 | 10,000 | ||
Net Book Amounts | ||||
At 31 July 2024 | ||||
3. TANGIBLE FIXED ASSETS | ||||||
Commercial | ||||||
Vehicles | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 August 2023 | 750 | 574 | 1,324 | |||
At 31 July 2024 | 750 | 574 | 1,324 | |||
Depreciation | ||||||
At 1 August 2023 | 694 | 393 | 1,087 | |||
For the year | 14 | 45 | 59 | |||
At 31 July 2024 | 708 | 438 | 1,146 | |||
Net Book Amounts | ||||||
At 31 July 2024 | 178 | |||||
At 31 July 2023 | 237 | |||||
4. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
ELEC4YOU LIMITED | ||||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | - | 150 | ||||||
Other debtors | 5,000 | - | ||||||
Prepayments | 240 | 170 | ||||||
5,240 | 320 | |||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 4,475 | 687 | ||||||
Directors current account | 167 | 74 | ||||||
Trade creditors | - | 4,778 | ||||||
Other creditors | 286 | 20,000 | ||||||
Accruals | 893 | 870 | ||||||
5,821 | 26,409 | |||||||
7. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
1 | 1 | |||||||
1 | 1 | |||||||
New shares issued during period: | ||||||||
1 | 1 | 1 | ||||||
9. CONTROLLING PARTY | ||||||||
The company is controlled by M Donoghue by virtue of his 100% shareholding. | ||||||||
ELEC4YOU LIMITED | ||||||||
10. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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