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REGISTERED NUMBER: 07494000 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 January 2024

for

ELECTRICAL CONTRACTING SOLUTIONS LIMITED

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELECTRICAL CONTRACTING SOLUTIONS LIMITED

Company Information
for the Year Ended 31 January 2024







DIRECTOR: T Hirst





REGISTERED OFFICE: 1168/1170 Melton Road
Syston
Leicester
Leicestershire
LE7 2HB





REGISTERED NUMBER: 07494000 (England and Wales)





ACCOUNTANTS: Conley Ward
1168/1170 Melton Road
Syston
Leicester
Leicestershire
LE7 2HB

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,495 94,164

CURRENT ASSETS
Debtors 5 175,465 192,649
Cash at bank 521,663 566,878
697,128 759,527
CREDITORS
Amounts falling due within one year 6 153,600 226,946
NET CURRENT ASSETS 543,528 532,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

637,023

626,745

CREDITORS
Amounts falling due after more than one year 7 22,980 25,413
NET ASSETS 614,043 601,332

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 613,943 601,232
SHAREHOLDERS' FUNDS 614,043 601,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 February 2025 and were signed by:





T Hirst - Director


ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Electrical Contracting Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 271,854
Additions 56,448
Disposals (39,125 )
At 31 January 2024 289,177
DEPRECIATION
At 1 February 2023 177,690
Charge for year 35,109
Eliminated on disposal (17,117 )
At 31 January 2024 195,682
NET BOOK VALUE
At 31 January 2024 93,495
At 31 January 2023 94,164

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2023 136,437
Additions 44,375
Disposals (39,125 )
Transfer to ownership (63,587 )
At 31 January 2024 78,100
DEPRECIATION
At 1 February 2023 111,292
Charge for year 15,743
Eliminated on disposal (17,117 )
Transfer to ownership (79,421 )
At 31 January 2024 30,497
NET BOOK VALUE
At 31 January 2024 47,603
At 31 January 2023 25,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 141,503 158,460
Other debtors 33,962 34,189
175,465 192,649

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 9,320 24,617
Trade creditors 66,126 89,849
Taxation and social security 71,639 76,885
Other creditors 6,515 35,595
153,600 226,946

ELECTRICAL CONTRACTING SOLUTIONS LIMITED (REGISTERED NUMBER: 07494000)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 22,980 25,413