1 August 2023 false No description of principal activity Taxfiler 2024.6 12722622business:PrivateLimitedCompanyLtd2023-08-012024-07-31 127226222023-07-31 127226222023-08-012024-07-31 12722622business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 12722622business:FilletedAccounts2023-08-012024-07-31 127226222024-07-31 12722622business:Director12023-08-012024-07-31 12722622business:Director22023-08-012024-07-31 12722622business:RegisteredOffice2023-08-012024-07-31 127226222023-07-31 12722622core:WithinOneYear2024-07-31 12722622core:WithinOneYear2023-07-31 12722622core:AfterOneYear2024-07-31 12722622core:AfterOneYear2023-07-31 12722622core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12722622core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12722622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12722622core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12722622core:PreviouslyStatedAmount2024-07-31 12722622core:PreviouslyStatedAmount2023-07-31 12722622business:SmallEntities2023-08-012024-07-31 12722622countries:EnglandWales2023-08-012024-07-31 12722622core:PlantMachinery2023-08-012024-07-31 12722622core:MotorVehicles2023-08-012024-07-31 12722622core:PlantMachinery2023-07-31 12722622core:MotorVehicles2023-07-31 12722622core:PlantMachinery2024-07-31 12722622core:MotorVehicles2024-07-31 127226222022-08-012023-07-31 iso4217:GBP xbrli:pure
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
Page
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(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
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(NW) ELECTRICAL SOLUTIONS LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,554 
48,303 
Current assets
Debtors
94,978 
122,851 
Cash at bank and in hand
73,630 
43,241 
168,608 
166,092 
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
Deferred tax
(8,139)
- 
Net assets
141,162 
168,086 
Capital and reserves
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
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(NW) ELECTRICAL SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
(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.
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
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 
Additions
821 
- 
821 
At 31 July 2024
2,508 
63,770 
66,278 
Depreciation
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 
Net book value
At 31 July 2024
670 
31,884 
32,554 
At 31 July 2023
(15,467)
63,770 
48,303 
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(NW) ELECTRICAL SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,974 
- 
Trade debtors
45,192 
23,431 
Other debtors
44,812 
99,420 
94,978 
122,851 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
- 
3,273 
Taxes and social security
22,954 
2,965 
Loans from directors
1,509 
1,197 
Accruals
- 
3,934 
32,463 
19,369 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
19,398 
26,940 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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