1 June 2023 false No description of principal activity Taxfiler 2024.6 05831973business:PrivateLimitedCompanyLtd2023-06-012024-05-31 058319732023-05-31 058319732023-06-012024-05-31 05831973business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 05831973business:FilletedAccounts2023-06-012024-05-31 058319732024-05-31 05831973business:Director12023-06-012024-05-31 05831973business:RegisteredOffice2023-06-012024-05-31 058319732023-05-31 05831973core:WithinOneYear2024-05-31 05831973core:WithinOneYear2023-05-31 05831973core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 05831973core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 05831973core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 05831973core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 05831973core:PreviouslyStatedAmount2024-05-31 05831973core:PreviouslyStatedAmount2023-05-31 05831973business:SmallEntities2023-06-012024-05-31 05831973countries:EnglandWales2023-06-012024-05-31 05831973core:PlantMachinery2023-06-012024-05-31 05831973core:Goodwill2023-05-31 05831973core:Goodwill2024-05-31 05831973core:PlantMachinery2023-05-31 05831973core:PlantMachinery2024-05-31 058319732022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 05831973 (England and Wales)
Ian Morris Electrical Ltd. Unaudited accounts for the year ended 31 May 2024
Ian Morris Electrical Ltd. Unaudited accounts Contents
Page
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Ian Morris Electrical Ltd. Company Information for the year ended 31 May 2024
Director
Patricia Morris
Company Number
05831973 (England and Wales)
Registered Office
6 Petrel Close Winsford CW7 1LB
Accountants
Deborah Harradine MAAT 25 Wentworth Grove Winsford CW7 2LJ
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Ian Morris Electrical Ltd. Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
28,500 
28,500 
Tangible assets
5,646 
7,528 
34,146 
36,028 
Current assets
Debtors
19,795 
47,352 
Cash at bank and in hand
1,509 
14,574 
21,304 
61,926 
Creditors: amounts falling due within one year
(23,191)
(32,941)
Net current (liabilities)/assets
(1,887)
28,985 
Net assets
32,259 
65,013 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
32,249 
65,003 
Shareholders' funds
32,259 
65,013 
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 her 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 18 February 2025 and were signed on its behalf by
Patricia Morris Director Company Registration No. 05831973
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Ian Morris Electrical Ltd. Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Ian Morris Electrical Ltd. is a private company, limited by shares, registered in England and Wales, registration number 05831973. The registered office is 6 Petrel Close, Winsford, CW7 1LB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2023
28,500 
At 31 May 2024
28,500 
Amortisation
At 1 June 2023
- 
At 31 May 2024
- 
Net book value
At 31 May 2024
28,500 
At 31 May 2023
28,500 
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Ian Morris Electrical Ltd. Notes to the Accounts for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2023
39,229 
At 31 May 2024
39,229 
Depreciation
At 1 June 2023
31,701 
Charge for the year
1,882 
At 31 May 2024
33,583 
Net book value
At 31 May 2024
5,646 
At 31 May 2023
7,528 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
1,061 
Accrued income and prepayments
19,795 
46,291 
19,795 
47,352 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,069 
- 
Trade creditors
14,419 
27,747 
Other creditors
1,212 
2,642 
Loans from directors
5,491 
2,552 
23,191 
32,941 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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