CLONCRAIG ELECTRICAL LIMITED

Company Registration Number:
NI019136 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CLONCRAIG ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CLONCRAIG ELECTRICAL LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 298,914 313,118
Total fixed assets: 298,914 313,118
Current assets
Stocks: 578,545 337,167
Debtors: 4 134,516 135,213
Cash at bank and in hand: 23,307 67,898
Total current assets: 736,368 540,278
Creditors: amounts falling due within one year: 5 (386,017) (314,925)
Net current assets (liabilities): 350,351 225,353
Total assets less current liabilities: 649,265 538,471
Creditors: amounts falling due after more than one year: 6 (265,079) (301,746)
Total net assets (liabilities): 384,186 236,725
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:7261,939261,939
Other reserves: (999,998) (999,998)
Profit and loss account: 1,122,145 974,684
Shareholders funds: 384,186 236,725

The notes form part of these financial statements

CLONCRAIG ELECTRICAL LIMITED

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 March 2025
and signed on behalf of the board by:

Name: Ronald McKee
Status: Director

The notes form part of these financial statements

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 17 14

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 533,271
Additions 400
At 30 June 2024 533,671
Depreciation
At 01 July 2023 220,153
Charge for year 14,604
At 30 June 2024 234,757
Net book value
At 30 June 2024 298,914
At 30 June 2023 313,118

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

Bank overdraft £52,752 Short term bank loan £48,254 Net obligations under finance leases and hire purchase contracts £16,146 Trade creditors £100,103 Taxation £117,059 Directors' current account £611 Other creditors £47,292 Accruals £3,800

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

Bank Loans £265,079

CLONCRAIG ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Revaluation reserve

2024
£
Balance at 01 July 2023 261,939
Surplus or deficit after revaluation 0
Balance at 30 June 2024 261,939