Company Registration No. 11290159 (England and Wales)
FT Electrical Services Ltd
Unaudited accounts
for the year ended 30 April 2024
FT Electrical Services Ltd
Unaudited accounts
Contents
FT Electrical Services Ltd
Company Information
for the year ended 30 April 2024
Directors
Steven Ferguson
Thomas William Teesdale
Company Number
11290159 (England and Wales)
Registered Office
3C Laurel Way
Bishop Auckland
County Durham
DL14 7NF
ENGLAND
Accountants
Ellaleigh Book-keeping Services limited
5 Coronation Terrace
Fir Tree
Crook
County Durham
DL15 8BP
FT Electrical Services Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
142,424
115,848
Cash at bank and in hand
6,754
32,717
Creditors: amounts falling due within one year
(450,023)
(274,828)
Net current assets
43,455
49,249
Total assets less current liabilities
185,879
165,097
Creditors: amounts falling due after more than one year
(133,869)
(116,118)
Provisions for liabilities
Deferred tax
(21,626)
(14,140)
Called up share capital
2
2
Profit and loss account
30,382
34,837
Shareholders' funds
30,384
34,839
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 January 2025 and were signed on its behalf by
Steven Ferguson
Director
Company Registration No. 11290159
FT Electrical Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
FT Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 11290159. The registered office is 3C Laurel Way, Bishop Auckland, County Durham, DL14 7NF, 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
20% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets are included at cost less accumulated amortisation and is written off at a rate of 5 years on a straight line basis.
4
Intangible fixed assets
Total
FT Electrical Services Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Total
Charge for the year
36,721
FT Electrical Services Ltd is owed £69,337 by FT Properties (NE) Ltd and £282 by FT Plumbing limited at 30/4/2022. Mr S Ferguson and Mr T Teesdale are directors and shareholders in both. This amount is interest free and repayable on demand.
7
Average number of employees
During the year the average number of employees was 18 (2023: 14).