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Company Registration No. 14061066 (England and Wales)
M & H Electrical Services Ltd Unaudited accounts for the year ended 30 June 2024
M & H Electrical Services Ltd Unaudited accounts Contents
Page
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M & H Electrical Services Ltd Company Information for the year ended 30 June 2024
Directors
Thomas Hatton Peter Murphuy
Company Number
14061066 (England and Wales)
Registered Office
40 CHEQUERS LANE WYCHBOLD DROITWICH WR9 7PH ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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M & H Electrical Services Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,226 
15,916 
Current assets
Debtors
19,437 
16,253 
Cash at bank and in hand
31,116 
26,077 
50,553 
42,330 
Creditors: amounts falling due within one year
(26,819)
(16,010)
Net current assets
23,734 
26,320 
Total assets less current liabilities
44,960 
42,236 
Creditors: amounts falling due after more than one year
(14,893)
(14,893)
Net assets
30,067 
27,343 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,967 
27,243 
Shareholders' funds
30,067 
27,343 
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 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 22 October 2024 and were signed on its behalf by
Thomas Hatton Director Company Registration No. 14061066
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M & H Electrical Services Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
M & H Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 14061066. The registered office is 40 CHEQUERS LANE, WYCHBOLD, DROITWICH, WR9 7PH, ENGLAND.
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.
Going concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the director. The director has indicated his support will continue for the foreseeable future.
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
20% Straight Line Method
Motor vehicles
20% Reducing Balance Method
Computer equipment
25% Straight Line Method
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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M & H Electrical Services Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
838 
19,057 
- 
19,895 
Additions
941 
10,599 
782 
12,322 
At 30 June 2024
1,779 
29,656 
782 
32,217 
Depreciation
At 1 July 2023
168 
3,811 
- 
3,979 
Charge for the year
356 
6,461 
195 
7,012 
At 30 June 2024
524 
10,272 
195 
10,991 
Net book value
At 30 June 2024
1,255 
19,384 
587 
21,226 
At 30 June 2023
670 
15,246 
- 
15,916 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
620 
Trade debtors
13,558 
6,844 
Other debtors
5,879 
8,789 
19,437 
16,253 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,594 
- 
Taxes and social security
7,227 
7,733 
Proposed dividends
10,000 
6,000 
Other creditors
749 
- 
Loans from directors
2,249 
2,277 
26,819 
16,010 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
14,893 
14,893 
8
Transactions with related parties
At the year end there was a balance of £2249 (2023 - £2278) owed to directors, Mr Thomas Hatton & Mr Peter Murphy.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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