00934651falsethat of an electrical wholesaler2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-06-30http://www.companieshouse.gov.uk/pt:SharePremium2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-06-30http://www.companieshouse.gov.uk/pt:SharePremium2024-06-30http://www.companieshouse.gov.uk/cd:Director32023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:MotorCars2023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:MotorCars2024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 00934651

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024

Prepared By:
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
DIRECTORS
Mr S F Jackson
Mrs C D Jackson
Mr A W Patrick
SECRETARY
Mrs C D Jackson
REGISTERED OFFICE
Orchard Road
Royston
Hertfordshire
SG8 5HA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 00934651
ACCOUNTANTS
Munro's
Chartered Accountants
1341 High Road
Whetstone
London
N20 9HR

Enfield Electrical Supplies Limited

ACCOUNTS
FOR THEYEARENDED30 JUNE 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Enfield Electrical Supplies Limited

BALANCE SHEET AT 30 June 2024
20242023
Notes££
FIXED ASSETS
Tangible assets280,12583,632
CURRENT ASSETS
Stock644,634782,633
Debtors4996,6401,120,273
Cash at bank and in hand41,42676,199
1,682,7001,979,105
CREDITORS: Amounts falling due within one year51,577,0041,685,297
NET CURRENT ASSETS105,696293,808
TOTAL ASSETS LESS CURRENT LIABILITIES185,821377,440
CREDITORS: Amounts falling due after more than one year680,000173,843
NET ASSETS105,821203,597
CAPITAL AND RESERVES
Called up share capital82,2802,280
Share premium account9153,964153,964
Capital redemption reserve102,2802,280
Profit and loss account(52,703)45,073
SHAREHOLDERS' FUNDS105,821203,597
For the year ending 30 June 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25 March 2025 and signed on their behalf by
.............................
Mr S F Jackson
Director

Enfield Electrical Supplies Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Land and property is shown at a recent valuation. Other tangible fixed 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 And Machineryreducing balance25%
Motor Carsreducing balance25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Enfield Electrical Supplies Limited

2. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 1 July 2023361,126134,578495,704
Additions19,969-19,969
Disposals-(14,580)(14,580)
At 30 June 2024381,095119,998501,093
Depreciation
At 1 July 2023349,23862,834412,072
Disposals-(11,985)(11,985)
For the year3,59417,28720,881
At 30 June 2024352,83268,136420,968
Net Book Amounts
At 30 June 202428,26351,86280,125
At 30 June 202311,88871,74483,632
3. STOCK 20242023
££
Stock comprises:
Stock644,634782,633
644,634782,633
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors578,596675,744
Other debtors357,150396,169
Prepayments60,89448,360
996,6401,120,273

Enfield Electrical Supplies Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT24,36441,502
PAYE control19,03220,356
Salaries and wages control3,0883,344
Directors current account706394
Directors current account719407
Bank loans and overdrafts852,389960,864
Bank Loan80,00080,000
Hire purchase13,99726,614
Trade creditors545,432514,321
Accruals37,27737,495
1,577,0041,685,297
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr80,000160,000
Hire purchase >1yr-13,843
80,000173,843
7. EMPLOYEES
20242023
No.No.
Average number of employees2529
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2280 Ordinary shares of £1 each22802280
2,2802,280

Enfield Electrical Supplies Limited

9. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account153,964153,964
10. OTHER RESERVES 20242023
££
Capital redemption reserve2,2802,280
2,2802,280