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REGISTERED NUMBER: 05740935 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 JUNE 2024

FOR

THOMPSON ELECTRICAL CONTRACTING LTD

THOMPSON ELECTRICAL CONTRACTING LTD (REGISTERED NUMBER: 05740935)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THOMPSON ELECTRICAL CONTRACTING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 27 JUNE 2024







DIRECTORS: Mr James Leo Thompson
Mrs Jayne Jackie Thompson





SECRETARY:





REGISTERED OFFICE: Unit 3 Flanshaw Business Park
Kelly Way
Wakefield
WF2 9FR





REGISTERED NUMBER: 05740935 (England and Wales)





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ

THOMPSON ELECTRICAL CONTRACTING LTD (REGISTERED NUMBER: 05740935)

BALANCE SHEET
27 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,001 80,001

CURRENT ASSETS
Debtors 5 19,990 44,308
Cash at bank 763,293 766,066
783,283 810,374
CREDITORS
Amounts falling due within one year 6 151,775 154,626
NET CURRENT ASSETS 631,508 655,748
TOTAL ASSETS LESS CURRENT
LIABILITIES

690,509

735,749

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 690,409 735,649
690,509 735,749

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by:





Mr James Leo Thompson - Director


THOMPSON ELECTRICAL CONTRACTING LTD (REGISTERED NUMBER: 05740935)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 27 JUNE 2024

1. STATUTORY INFORMATION

Thompson Electrical Contracting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 6 (2023 - 6 ) .

THOMPSON ELECTRICAL CONTRACTING LTD (REGISTERED NUMBER: 05740935)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 JUNE 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 28 June 2023 48,044 23,939 4,350
Additions - - -
At 27 June 2024 48,044 23,939 4,350
DEPRECIATION
At 28 June 2023 11,221 14,905 2,719
Charge for year 4,804 3,012 779
At 27 June 2024 16,025 17,917 3,498
NET BOOK VALUE
At 27 June 2024 32,019 6,022 852
At 27 June 2023 36,823 9,034 1,631

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 28 June 2023 98,148 11,030 185,511
Additions - 2,164 2,164
At 27 June 2024 98,148 13,194 187,675
DEPRECIATION
At 28 June 2023 67,480 9,185 105,510
Charge for year 12,756 1,813 23,164
At 27 June 2024 80,236 10,998 128,674
NET BOOK VALUE
At 27 June 2024 17,912 2,196 59,001
At 27 June 2023 30,668 1,845 80,001

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 12,650 12,650
Tax - 25,071
Prepayments 7,340 6,587
19,990 44,308

THOMPSON ELECTRICAL CONTRACTING LTD (REGISTERED NUMBER: 05740935)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 27 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 345 -
Tax 21,961 46,248
Social security and other taxes - 2,978
Pension liability 640 671
VAT 27,476 34,100
Other creditors 80,000 40,000
Wages control account - 16,659
Directors' current accounts 11,064 3,682
Accrued expenses 10,289 10,288
151,775 154,626

7. RESERVES
Retained
earnings
£   

At 28 June 2023 735,649
Profit for the year 24,760
Dividends (70,000 )
At 27 June 2024 690,409