Company Registration No. 12722622 (England and Wales)
(NW) ELECTRICAL SOLUTIONS LTD
Unaudited accounts
for the year ended 31 July 2024
(NW) ELECTRICAL SOLUTIONS LTD
Unaudited accounts
Contents
(NW) ELECTRICAL SOLUTIONS LTD
Company Information
for the year ended 31 July 2024
Directors
Stephen Cooney
Jamie Brewer
Company Number
12722622 (England and Wales)
Registered Office
40 ASHDALE CRESCENT
DROYLSDEN
MANCHESTER
LANCASHIRE
M43 6PT
UNITED KINGDOM
(NW) ELECTRICAL SOLUTIONS LTD
Statement of financial position
as at 31 July 2024
Tangible assets
32,554
48,303
Cash at bank and in hand
73,630
43,241
Creditors: amounts falling due within one year
(32,463)
(19,369)
Net current assets
136,145
146,723
Total assets less current liabilities
168,699
195,026
Creditors: amounts falling due after more than one year
(19,398)
(26,940)
Provisions for liabilities
Net assets
141,162
168,086
Called up share capital
2
2
Profit and loss account
141,160
168,084
Shareholders' funds
141,162
168,086
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 21 February 2025 and were signed on its behalf by
Stephen Cooney
Director
Company Registration No. 12722622
(NW) ELECTRICAL SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 July 2024
(NW) ELECTRICAL SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12722622. The registered office is 40 ASHDALE CRESCENT, DROYLSDEN, MANCHESTER, LANCASHIRE, M43 6PT, 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.
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
4 years straight-line depreciation
Motor vehicles
4 years straight-line depreciation
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
1,687
63,770
65,457
At 31 July 2024
2,508
63,770
66,278
At 1 August 2023
17,154
-
17,154
Charge for the year
(15,316)
31,886
16,570
At 31 July 2024
1,838
31,886
33,724
At 31 July 2024
670
31,884
32,554
At 31 July 2023
(15,467)
63,770
48,303
(NW) ELECTRICAL SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
45,192
23,431
Other debtors
44,812
99,420
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,000
8,000
Taxes and social security
22,954
2,965
Loans from directors
1,509
1,197
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).