1 July 2023 false No description of principal activity Taxfiler 2024.6 09619893business:PrivateLimitedCompanyLtd2023-07-012024-06-30 096198932023-06-30 096198932023-07-012024-06-30 09619893business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 09619893business:FilletedAccounts2023-07-012024-06-30 096198932024-06-30 09619893business:Director12023-07-012024-06-30 09619893business:RegisteredOffice2023-07-012024-06-30 096198932023-06-30 09619893core:WithinOneYear2024-06-30 09619893core:WithinOneYear2023-06-30 09619893core:AfterOneYear2024-06-30 09619893core:AfterOneYear2023-06-30 09619893core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 09619893core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 09619893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 09619893core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 09619893core:PreviouslyStatedAmount2024-06-30 09619893core:PreviouslyStatedAmount2023-06-30 09619893business:SmallEntities2023-07-012024-06-30 09619893countries:EnglandWales2023-07-012024-06-30 09619893core:PlantMachinery2023-07-012024-06-30 09619893core:MotorVehicles2023-07-012024-06-30 09619893core:PlantMachinery2023-06-30 09619893core:MotorVehicles2023-06-30 09619893core:PlantMachinery2024-06-30 09619893core:MotorVehicles2024-06-30 09619893core:BetweenOneFiveYears2024-06-30 09619893core:BetweenOneFiveYears2023-06-30 096198932022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 09619893 (England and Wales)
T C Electrical {Norfolk} Limited Unaudited accounts for the year ended 30 June 2024
T C Electrical {Norfolk} Limited Unaudited accounts Contents
Page
- 2 -
T C Electrical {Norfolk} Limited Company Information for the year ended 30 June 2024
Director
Thomas Cushing
Company Number
09619893 (England and Wales)
Registered Office
9 Langley Street Langley Norwich NR14 6DE United Kingdom
Accountants
Accountancy Plus & Payroll People Ltd 9 Langley Street Langley Norwich Norfolk NR14 6DE
- 3 -
T C Electrical {Norfolk} Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,508 
16,699 
Current assets
Inventories
14,500 
43,540 
Debtors
7,174 
25,623 
Cash at bank and in hand
27,562 
20,537 
49,236 
89,700 
Creditors: amounts falling due within one year
(23,495)
(39,943)
Net current assets
25,741 
49,757 
Total assets less current liabilities
40,249 
66,456 
Creditors: amounts falling due after more than one year
(30,085)
(59,085)
Net assets
10,164 
7,371 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,064 
7,271 
Shareholders' funds
10,164 
7,371 
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 1 March 2025 and were signed on its behalf by
Thomas Cushing Director Company Registration No. 09619893
- 4 -
T C Electrical {Norfolk} Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
T C Electrical {Norfolk} Limited is a private company, limited by shares, registered in England and Wales, registration number 09619893. The registered office is 9 Langley Street , Langley, Norwich, NR14 6DE, 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
18% reducing balance
Motor vehicles
18% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.
Dividend
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.
- 5 -
T C Electrical {Norfolk} Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
3,360 
22,791 
26,151 
Additions
995 
- 
995 
At 30 June 2024
4,355 
22,791 
27,146 
Depreciation
At 1 July 2023
1,974 
7,478 
9,452 
Charge for the year
429 
2,757 
3,186 
At 30 June 2024
2,403 
10,235 
12,638 
Net book value
At 30 June 2024
1,952 
12,556 
14,508 
At 30 June 2023
1,386 
15,313 
16,699 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,886 
- 
Trade debtors
3,390 
19,613 
Other debtors
1,898 
6,010 
7,174 
25,623 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,886 
9,886 
VAT
- 
1,414 
Trade creditors
6,114 
21,344 
Taxes and social security
6,628 
7,201 
Other creditors
867 
98 
23,495 
39,943 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,085 
20,085 
Other creditors
20,000 
39,000 
30,085 
59,085 
- 6 -
T C Electrical {Norfolk} Limited Notes to the Accounts for the year ended 30 June 2024
8
Operating lease commitments
2024 
2023 
£ 
£ 
At 30 June 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
5,558 
5,558 
Later than one year and not later than five years
5,558 
11,117 
11,116 
16,675 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 7 -