IRIS Accounts Production v24.3.0.553 09099972 Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090999722023-06-30090999722024-06-30090999722023-07-012024-06-30090999722022-06-30090999722022-07-012023-06-30090999722023-06-3009099972ns15:EnglandWales2023-07-012024-06-3009099972ns14:PoundSterling2023-07-012024-06-3009099972ns10:Director12023-07-012024-06-3009099972ns10:Director22023-07-012024-06-3009099972ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009099972ns10:SmallEntities2023-07-012024-06-3009099972ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009099972ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009099972ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009099972ns10:FullAccounts2023-07-012024-06-3009099972ns10:RegisteredOffice2023-07-012024-06-3009099972ns5:CurrentFinancialInstruments2024-06-3009099972ns5:CurrentFinancialInstruments2023-06-3009099972ns5:Non-currentFinancialInstruments2024-06-3009099972ns5:Non-currentFinancialInstruments2023-06-3009099972ns5:ShareCapital2024-06-3009099972ns5:ShareCapital2023-06-3009099972ns5:RetainedEarningsAccumulatedLosses2024-06-3009099972ns5:RetainedEarningsAccumulatedLosses2023-06-3009099972ns5:PlantMachinery2023-07-012024-06-3009099972ns5:MotorVehicles2023-07-012024-06-3009099972ns5:ComputerEquipment2023-07-012024-06-3009099972ns5:PlantMachinery2023-06-3009099972ns5:MotorVehicles2023-06-3009099972ns5:ComputerEquipment2023-06-3009099972ns5:PlantMachinery2024-06-3009099972ns5:MotorVehicles2024-06-3009099972ns5:ComputerEquipment2024-06-3009099972ns5:PlantMachinery2023-06-3009099972ns5:MotorVehicles2023-06-3009099972ns5:ComputerEquipment2023-06-3009099972ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3009099972ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-06-3009099972ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009099972ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 09099972 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

CHESHUNT ELECTRICAL SOLUTIONS LIMITED

CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHESHUNT ELECTRICAL SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: P A Rixson
M Slawson





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 09099972 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,959 6,468

CURRENT ASSETS
Stocks 282 428
Debtors 5 55,421 56,869
Cash at bank 9,595 26,376
65,298 83,673
CREDITORS
Amounts falling due within one year 6 48,754 50,690
NET CURRENT ASSETS 16,544 32,983
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,503

39,451

CREDITORS
Amounts falling due after more than one
year

7

8,392

-
NET ASSETS 31,111 39,451

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 31,109 39,449
SHAREHOLDERS' FUNDS 31,111 39,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)

BALANCE SHEET - continued
30 JUNE 2024


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 25 March 2025 and were signed on its behalf by:




P A Rixson - Director



M Slawson - Director


CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Cheshunt Electrical Solutions Limited 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 2,790 34,138 1,537 38,465
Additions - 26,115 - 26,115
Disposals - (15,322 ) - (15,322 )
At 30 June 2024 2,790 44,931 1,537 49,258
DEPRECIATION
At 1 July 2023 2,391 28,744 862 31,997
Charge for year 79 7,366 135 7,580
Eliminated on disposal - (13,278 ) - (13,278 )
At 30 June 2024 2,470 22,832 997 26,299
NET BOOK VALUE
At 30 June 2024 320 22,099 540 22,959
At 30 June 2023 399 5,394 675 6,468

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 26,115
At 30 June 2024 26,115
DEPRECIATION
Charge for year 6,529
At 30 June 2024 6,529
NET BOOK VALUE
At 30 June 2024 19,586

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,437 28,285
Other debtors 21,984 27,104
Prepayments - 1,480
55,421 56,869

CHESHUNT ELECTRICAL SOLUTIONS LIMITED (REGISTERED NUMBER: 09099972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,193 -
Trade creditors 9,340 9,965
Tax 13,074 21,075
Social security and other taxes - (361 )
VAT 16,756 13,123
Directors' current accounts 741 5,238
Accrued expenses 1,650 1,650
48,754 50,690

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 8,392 -