Company Registration No. 11358129 (England and Wales)
COMMONWEALTH ELECTRICAL SERVICES LTD
Unaudited accounts
for the year ended 31 May 2024
COMMONWEALTH ELECTRICAL SERVICES LTD
Unaudited accounts
Contents
COMMONWEALTH ELECTRICAL SERVICES LTD
Company Information
for the year ended 31 May 2024
Director
Mr. Mahrus Ali MAHRUS
Company Number
11358129 (England and Wales)
Registered Office
45 HOLMWOOD DRIVE
LEICESTER
LE3 9LH
UNITED KINGDOM
Accountants
COUNTAX LTD
Accountants & Business Advisers
Suite 1, 2 Britannia Street
Leicester
LE1 3LE
COMMONWEALTH ELECTRICAL SERVICES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
5,416
6,606
Cash at bank and in hand
5,674
17,540
Creditors: amounts falling due within one year
-
(1,694)
Net current assets
13,421
21,180
Called up share capital
100
100
Profit and loss account
18,737
27,686
Shareholders' funds
18,837
27,786
For the year ending 31 May 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 director acknowledges his 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 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 and authorised for issue on 14 February 2025 and were signed on its behalf by
Mr. Mahrus Ali MAHRUS
Director
Company Registration No. 11358129
COMMONWEALTH ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2024
COMMONWEALTH ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11358129. The registered office is 45 HOLMWOOD DRIVE, LEICESTER, LE3 9LH, UNITED KINGDOM.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
7,721
499
8,220
At 31 May 2024
7,721
499
8,220
At 1 June 2023
1,390
224
1,614
Charge for the year
1,140
50
1,190
At 31 May 2024
2,530
274
2,804
At 31 May 2024
5,191
225
5,416
At 31 May 2023
6,331
275
6,606
COMMONWEALTH ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,694
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).