Company Registration No. 09076470 (England and Wales)
ELECTRICOM LIMITED
Unaudited accounts
for the year ended 30 June 2024
ELECTRICOM LIMITED
Unaudited accounts
Contents
ELECTRICOM LIMITED
Company Information
for the year ended 30 June 2024
Directors
Daniel Stephen Henry
Daniel Stephen Henry
Company Number
09076470 (England and Wales)
Registered Office
UNIT 22 CLAYTON COURT
CITY WORKS BUSINESS PARK
WELCOMB STREET, OPENSHAW
MANCHESTER
M11 2NB
ENGLAND
ELECTRICOM LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
784,622
122,751
Cash at bank and in hand
5,395
96,962
Creditors: amounts falling due within one year
(488,705)
(351,632)
Net current assets
28,037
397,223
Total assets less current liabilities
812,659
519,974
Creditors: amounts falling due after more than one year
(37,224)
(38,300)
Net assets
775,435
481,674
Called up share capital
100
100
Profit and loss account
775,335
481,574
Shareholders' funds
775,435
481,674
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 14 March 2025 and were signed on its behalf by
Daniel Stephen Henry
Director
Company Registration No. 09076470
ELECTRICOM LIMITED
Notes to the Accounts
for the year ended 30 June 2024
ELECTRICOM LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09076470. The registered office is UNIT 22 CLAYTON COURT, CITY WORKS BUSINESS PARK, WELCOMB STREET, OPENSHAW, MANCHESTER, M11 2NB, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
ELECTRICOM LIMITED
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
21,423
7,350
120,632
14,869
164,274
Additions
248,500
136,027
409,015
7,384
800,926
At 30 June 2024
269,923
143,377
529,647
22,253
965,200
At 1 July 2023
-
2,548
34,513
4,462
41,523
Charge for the year
-
28,675
105,929
4,451
139,055
At 30 June 2024
-
31,223
140,442
8,913
180,578
At 30 June 2024
269,923
112,154
389,205
13,340
784,622
At 30 June 2023
21,423
4,802
86,119
10,407
122,751
Amounts falling due within one year
Trade debtors
451,603
208,051
Accrued income and prepayments
11,081
19,375
Other debtors
48,663
424,467
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
105,699
75,353
Trade creditors
1,462
60,510
Taxes and social security
242,547
168,198
Loans from directors
55,562
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
16,000
-
Taxes and social security
-
2,270
8
Average number of employees
During the year the average number of employees was 25 (2023: 25).