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Company Registration No. 11455806 (England and Wales)
COPPER WIRE ELECTRICS LTD Unaudited accounts for the year ended 31 July 2024
COPPER WIRE ELECTRICS LTD Unaudited accounts Contents
Page
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COPPER WIRE ELECTRICS LTD Company Information for the year ended 31 July 2024
Directors
Ian Hennings Donna Mead
Company Number
11455806 (England and Wales)
Registered Office
10 Rendells Meadow Bovey Tracey Newton Abbott Devon TQ13 9QW United Kingdom
Accountants
Tanners Tax Accountants Steward House 14 Commercial Way Woking Surrey GU21 6ET
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COPPER WIRE ELECTRICS LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,268 
13,905 
Current assets
Debtors
7,968 
873 
Cash at bank and in hand
10,758 
20,310 
18,726 
21,183 
Creditors: amounts falling due within one year
(22,949)
(10,482)
Net current (liabilities)/assets
(4,223)
10,701 
Total assets less current liabilities
6,045 
24,606 
Creditors: amounts falling due after more than one year
- 
(1,179)
Net assets
6,045 
23,427 
Capital and reserves
Called up share capital
2,500 
2,500 
Profit and loss account
3,545 
20,927 
Shareholders' funds
6,045 
23,427 
For the year ending 31 July 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.
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 20 February 2025 and were signed on its behalf by
Ian Hennings Director Company Registration No. 11455806
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COPPER WIRE ELECTRICS LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
COPPER WIRE ELECTRICS LTD is a private company, limited by shares, registered in England and Wales, registration number 11455806. The registered office is 10 Rendells Meadow, Bovey Tracey, Newton Abbott, Devon, TQ13 9QW, 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.
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.
Turnover
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:
Plant & machinery
25% reducing balance
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
24,795 
1,619 
26,414 
At 31 July 2024
24,795 
1,619 
26,414 
Depreciation
At 1 August 2023
11,104 
1,405 
12,509 
Charge for the year
3,423 
214 
3,637 
At 31 July 2024
14,527 
1,619 
16,146 
Net book value
At 31 July 2024
10,268 
- 
10,268 
At 31 July 2023
13,691 
214 
13,905 
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COPPER WIRE ELECTRICS LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,968 
873 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,178 
1,087 
Taxes and social security
7,223 
7,849 
Loans from directors
13,234 
352 
Accruals
1,314 
1,194 
22,949 
10,482 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
1,179 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2,500 Ordinary shares of £1 each
2,500 
2,500 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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