REGISTERED NUMBER: |
S Turner Electrical Ltd |
Financial Statements for the Year Ended 31st October 2024 |
REGISTERED NUMBER: |
S Turner Electrical Ltd |
Financial Statements for the Year Ended 31st October 2024 |
S Turner Electrical Ltd (Registered number: 07050994) |
Contents of the Financial Statements |
for the Year Ended 31st October 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
S Turner Electrical Ltd |
Company Information |
for the Year Ended 31st October 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Waterloo House |
18 The Waterloo |
Cirencester |
Gloucestershire |
GL7 2PY |
S Turner Electrical Ltd (Registered number: 07050994) |
Balance Sheet |
31st October 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
S Turner Electrical Ltd (Registered number: 07050994) |
Balance Sheet - continued |
31st October 2024 |
The financial statements were approved by the director and authorised for issue on |
S Turner Electrical Ltd (Registered number: 07050994) |
Notes to the Financial Statements |
for the Year Ended 31st October 2024 |
1. | STATUTORY INFORMATION |
S Turner Electrical Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts receivable for services supplied, excluding value added tax. |
Tangible fixed assets |
Equipment | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
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 |
S Turner Electrical Ltd (Registered number: 07050994) |
Notes to the Financial Statements - continued |
for the Year Ended 31st October 2024 |
4. | TANGIBLE FIXED ASSETS |
Improvements |
to | Motor |
property | Equipment | vehicles | Totals |
£ | £ | £ | £ |
COST |
At 1st November 2023 |
Additions |
At 31st October 2024 |
DEPRECIATION |
At 1st November 2023 |
Charge for year |
At 31st October 2024 |
NET BOOK VALUE |
At 31st October 2024 |
At 31st October 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Directors' current accounts | 50 | 320 |
Accrued expenses |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Bounce back loan |