2023-06-012024-05-312024-05-31false09460975ELMPARK ELECTRICAL LTD2025-02-2643210falseiso4217:GBPxbrli:pure094609752023-06-01094609752024-05-31094609752023-06-012024-05-31094609752022-06-01094609752023-05-31094609752022-06-012023-05-3109460975bus:SmallEntities2023-06-012024-05-3109460975bus:AuditExempt-NoAccountantsReport2023-06-012024-05-3109460975bus:AbridgedAccounts2023-06-012024-05-3109460975bus:PrivateLimitedCompanyLtd2023-06-012024-05-3109460975core:WithinOneYear2024-05-3109460975core:AfterOneYear2024-05-3109460975core:WithinOneYear2023-05-3109460975core:AfterOneYear2023-05-3109460975core:ShareCapital2024-05-3109460975core:SharePremium2024-05-3109460975core:RevaluationReserve2024-05-3109460975core:OtherReservesSubtotal2024-05-3109460975core:RetainedEarningsAccumulatedLosses2024-05-3109460975core:ShareCapital2023-05-3109460975core:SharePremium2023-05-3109460975core:RevaluationReserve2023-05-3109460975core:OtherReservesSubtotal2023-05-3109460975core:RetainedEarningsAccumulatedLosses2023-05-3109460975core:LandBuildings2024-05-3109460975core:PlantMachinery2024-05-3109460975core:Vehicles2024-05-3109460975core:FurnitureFittings2024-05-3109460975core:OfficeEquipment2024-05-3109460975core:NetGoodwill2024-05-3109460975core:IntangibleAssetsOtherThanGoodwill2024-05-3109460975core:ListedExchangeTraded2024-05-3109460975core:UnlistedNon-exchangeTraded2024-05-3109460975core:LandBuildings2023-05-3109460975core:PlantMachinery2023-05-3109460975core:Vehicles2023-05-3109460975core:FurnitureFittings2023-05-3109460975core:OfficeEquipment2023-05-3109460975core:NetGoodwill2023-05-3109460975core:IntangibleAssetsOtherThanGoodwill2023-05-3109460975core:ListedExchangeTraded2023-05-3109460975core:UnlistedNon-exchangeTraded2023-05-3109460975core:LandBuildings2023-06-012024-05-3109460975core:PlantMachinery2023-06-012024-05-3109460975core:Vehicles2023-06-012024-05-3109460975core:FurnitureFittings2023-06-012024-05-3109460975core:OfficeEquipment2023-06-012024-05-3109460975core:NetGoodwill2023-06-012024-05-3109460975core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109460975core:ListedExchangeTraded2023-06-012024-05-3109460975core:UnlistedNon-exchangeTraded2023-06-012024-05-3109460975core:MoreThanFiveYears2023-06-012024-05-3109460975core:Non-currentFinancialInstruments2024-05-3109460975core:Non-currentFinancialInstruments2023-05-3109460975dpl:CostSales2023-06-012024-05-3109460975dpl:DistributionCosts2023-06-012024-05-3109460975core:LandBuildings2023-06-012024-05-3109460975core:PlantMachinery2023-06-012024-05-3109460975core:Vehicles2023-06-012024-05-3109460975core:FurnitureFittings2023-06-012024-05-3109460975core:OfficeEquipment2023-06-012024-05-3109460975dpl:AdministrativeExpenses2023-06-012024-05-3109460975core:NetGoodwill2023-06-012024-05-3109460975core:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3109460975dpl:GroupUndertakings2023-06-012024-05-3109460975dpl:ParticipatingInterests2023-06-012024-05-3109460975dpl:GroupUndertakingscore:ListedExchangeTraded2023-06-012024-05-3109460975core:ListedExchangeTraded2023-06-012024-05-3109460975dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-06-012024-05-3109460975core:UnlistedNon-exchangeTraded2023-06-012024-05-3109460975dpl:CostSales2022-06-012023-05-3109460975dpl:DistributionCosts2022-06-012023-05-3109460975core:LandBuildings2022-06-012023-05-3109460975core:PlantMachinery2022-06-012023-05-3109460975core:Vehicles2022-06-012023-05-3109460975core:FurnitureFittings2022-06-012023-05-3109460975core:OfficeEquipment2022-06-012023-05-3109460975dpl:AdministrativeExpenses2022-06-012023-05-3109460975core:NetGoodwill2022-06-012023-05-3109460975core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3109460975dpl:GroupUndertakings2022-06-012023-05-3109460975dpl:ParticipatingInterests2022-06-012023-05-3109460975dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3109460975core:ListedExchangeTraded2022-06-012023-05-3109460975dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3109460975core:UnlistedNon-exchangeTraded2022-06-012023-05-3109460975core:NetGoodwill2024-05-3109460975core:IntangibleAssetsOtherThanGoodwill2024-05-3109460975core:LandBuildings2024-05-3109460975core:PlantMachinery2024-05-3109460975core:Vehicles2024-05-3109460975core:FurnitureFittings2024-05-3109460975core:OfficeEquipment2024-05-3109460975core:AfterOneYear2024-05-3109460975core:WithinOneYear2024-05-3109460975core:ListedExchangeTraded2024-05-3109460975core:UnlistedNon-exchangeTraded2024-05-3109460975core:ShareCapital2024-05-3109460975core:SharePremium2024-05-3109460975core:RevaluationReserve2024-05-3109460975core:OtherReservesSubtotal2024-05-3109460975core:RetainedEarningsAccumulatedLosses2024-05-3109460975core:NetGoodwill2023-05-3109460975core:IntangibleAssetsOtherThanGoodwill2023-05-3109460975core:LandBuildings2023-05-3109460975core:PlantMachinery2023-05-3109460975core:Vehicles2023-05-3109460975core:FurnitureFittings2023-05-3109460975core:OfficeEquipment2023-05-3109460975core:AfterOneYear2023-05-3109460975core:WithinOneYear2023-05-3109460975core:ListedExchangeTraded2023-05-3109460975core:UnlistedNon-exchangeTraded2023-05-3109460975core:ShareCapital2023-05-3109460975core:SharePremium2023-05-3109460975core:RevaluationReserve2023-05-3109460975core:OtherReservesSubtotal2023-05-3109460975core:RetainedEarningsAccumulatedLosses2023-05-3109460975core:NetGoodwill2022-06-0109460975core:IntangibleAssetsOtherThanGoodwill2022-06-0109460975core:LandBuildings2022-06-0109460975core:PlantMachinery2022-06-0109460975core:Vehicles2022-06-0109460975core:FurnitureFittings2022-06-0109460975core:OfficeEquipment2022-06-0109460975core:AfterOneYear2022-06-0109460975core:WithinOneYear2022-06-0109460975core:ListedExchangeTraded2022-06-0109460975core:UnlistedNon-exchangeTraded2022-06-0109460975core:ShareCapital2022-06-0109460975core:SharePremium2022-06-0109460975core:RevaluationReserve2022-06-0109460975core:OtherReservesSubtotal2022-06-0109460975core:RetainedEarningsAccumulatedLosses2022-06-0109460975core:AfterOneYear2023-06-012024-05-3109460975core:WithinOneYear2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:CostValuation2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-012024-05-3109460975core:Non-currentFinancialInstrumentscore:CostValuation2024-05-3109460975core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-05-3109460975core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3109460975core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3109460975core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3109460975bus:Director12023-06-012024-05-3109460975bus:Director22023-06-012024-05-31

ELMPARK ELECTRICAL LTD

Registered Number
09460975
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

ELMPARK ELECTRICAL LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Directors

FORD, Craig Michael
KEOGH, Jonathan James Henry

Registered Address

The Old Granary
Dunton Road
Basildon
SS15 4DB

Registered Number

09460975 (England and Wales)
ELMPARK ELECTRICAL LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Current assets
Stocks111,19797,334
Debtors3217,241130,799
Cash at bank and on hand4307,045
328,868235,178
Creditors amounts falling due within one year4(317,306)(215,430)
Net current assets (liabilities)11,56219,748
Total assets less current liabilities11,56219,748
Creditors amounts falling due after one year5(133,296)(269,149)
Net assets(121,734)(249,401)
Capital and reserves
Called up share capital44
Profit and loss account(121,738)(249,405)
Shareholders' funds(121,734)(249,401)
The financial statements were approved and authorised for issue by the Board of Directors on 26 February 2025, and are signed on its behalf by:
FORD, Craig Michael
Director
Registered Company No. 09460975
ELMPARK ELECTRICAL LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year711
3.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables167,75436,056
Other debtors49,48794,743
Total217,241130,799
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables2,4936,204
Bank borrowings and overdrafts272,693156,177
Taxation and social security41,50851,528
Other creditors6121,521
Total317,306215,430
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts113,815193,052
Other creditors19,48176,097
Total133,296269,149
Long term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.