FS ELECTRICAL CONTRACTORS LIMITED

Company Registration Number:
10199977 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

FS ELECTRICAL CONTRACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FS ELECTRICAL CONTRACTORS LIMITED

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

Electrical construction work, the installation maintenance and repair of electrical systems in buildings infrastructure and other construction project.



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

James Foley
Audrius Sauspreskis


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
10 January 2025

And signed on behalf of the board by:
Name: James Foley
Status: Director

FS ELECTRICAL CONTRACTORS LIMITED

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 1,947,023 605,506
Cost of sales: ( 1,679,675 ) ( 403,183 )
Gross profit(or loss): 267,348 202,323
Administrative expenses: ( 100,917 ) ( 136,491 )
Operating profit(or loss): 166,431 65,832
Interest receivable and similar income: 560
Interest payable and similar charges: ( 2,015 )
Profit(or loss) before tax: 164,976 65,832
Tax: ( 41,244 ) ( 16,458 )
Profit(or loss) for the financial year: 123,732 49,374

FS ELECTRICAL CONTRACTORS LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 31,389 32,250
Total fixed assets: 31,389 32,250
Current assets
Stocks: 4 40,000 20,000
Debtors: 5 6,390
Cash at bank and in hand: 266,868 80,076
Total current assets: 313,258 100,076
Prepayments and accrued income: 88,087
Creditors: amounts falling due within one year: 6 ( 40,677 ) ( 66,494 )
Net current assets (liabilities): 360,668 33,582
Total assets less current liabilities: 392,057 65,832
Creditors: amounts falling due after more than one year: 7 ( 143,696 )
Total net assets (liabilities): 248,361 65,832
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 248,359 65,830
Total Shareholders' funds: 248,361 65,832

The notes form part of these financial statements

FS ELECTRICAL CONTRACTORS LIMITED

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 January 2025
and signed on behalf of the board by:

Name: James Foley
Status: Director

The notes form part of these financial statements

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 32,250 32,250
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 32,250 32,250
Depreciation
At 1 June 2023 0 0
Charge for year 861 861
On disposals
Other adjustments
At 31 May 2024 861 861
Net book value
At 31 May 2024 31,389 31,389
At 31 May 2023 32,250 32,250

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 40,000 20,000
Total 40,000 20,000

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Trade debtors 6,390
Total 6,390

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 24,770 28,703
Trade creditors 10,947 25,291
Taxation and social security 4,960
Accruals and deferred income 12,500
Total 40,677 66,494

FS ELECTRICAL CONTRACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Creditors: amounts falling due after more than one year note

2024
£
Bank loans and overdrafts 24,770
Other creditors 118,926
Total 143,696