IRIS Accounts Production v24.3.2.46 07992432 Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079924322023-03-31079924322024-03-31079924322023-04-012024-03-31079924322022-03-31079924322022-04-012023-03-31079924322023-03-3107992432ns15:EnglandWales2023-04-012024-03-3107992432ns14:PoundSterling2023-04-012024-03-3107992432ns10:Director12023-04-012024-03-3107992432ns10:Director22023-04-012024-03-3107992432ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107992432ns10:SmallEntities2023-04-012024-03-3107992432ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107992432ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107992432ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107992432ns10:FullAccounts2023-04-012024-03-3107992432ns10:CompanySecretary12023-04-012024-03-3107992432ns10:RegisteredOffice2023-04-012024-03-3107992432ns5:CurrentFinancialInstruments2024-03-3107992432ns5:CurrentFinancialInstruments2023-03-3107992432ns5:Non-currentFinancialInstruments2024-03-3107992432ns5:Non-currentFinancialInstruments2023-03-3107992432ns5:ShareCapital2024-03-3107992432ns5:ShareCapital2023-03-3107992432ns5:RetainedEarningsAccumulatedLosses2024-03-3107992432ns5:RetainedEarningsAccumulatedLosses2023-03-3107992432ns5:PlantMachinery2023-04-012024-03-3107992432ns5:MotorVehicles2023-04-012024-03-3107992432ns5:ComputerEquipment2023-04-012024-03-3107992432ns5:PlantMachinery2023-03-3107992432ns5:MotorVehicles2023-03-3107992432ns5:ComputerEquipment2023-03-3107992432ns5:PlantMachinery2024-03-3107992432ns5:MotorVehicles2024-03-3107992432ns5:ComputerEquipment2024-03-3107992432ns5:PlantMachinery2023-03-3107992432ns5:MotorVehicles2023-03-3107992432ns5:ComputerEquipment2023-03-3107992432ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107992432ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31079924321ns10:Director12023-03-31079924321ns10:Director12022-03-31079924321ns10:Director12023-04-012024-03-31079924321ns10:Director12022-04-012023-03-31079924321ns10:Director12024-03-31079924321ns10:Director12023-03-3107992432ns10:Director222023-03-3107992432ns10:Director222022-03-3107992432ns10:Director222023-04-012024-03-3107992432ns10:Director222022-04-012023-03-3107992432ns10:Director222024-03-3107992432ns10:Director222023-03-31
REGISTERED NUMBER: 07992432 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MEADOWBROOK ELECTRICAL LIMITED

MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MEADOWBROOK ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D J Marcinczak
S P Marcinczak





SECRETARY:





REGISTERED OFFICE: 14 Southbrook Terrace
Bradford
West Yorkshire
BD7 1AD





REGISTERED NUMBER: 07992432 (England and Wales)





ACCOUNTANTS: Southbrook Accountants Limited
14 Southbrook Terrace
Bradford
West Yorkshire
BD7 1AD

MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 110,854 66,302

CURRENT ASSETS
Stocks 39,250 43,400
Debtors 5 79,408 74,560
Cash at bank 14,581 39,500
133,239 157,460
CREDITORS
Amounts falling due within one year 6 155,363 152,405
NET CURRENT (LIABILITIES)/ASSETS (22,124 ) 5,055
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,730

71,357

CREDITORS
Amounts falling due after more than one
year

7

12,107

32,140
NET ASSETS 76,623 39,217

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 76,621 39,215
SHAREHOLDERS' FUNDS 76,623 39,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)

BALANCE SHEET - continued
31 MARCH 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 28 March 2025 and were signed on its behalf by:




D J Marcinczak - Director



S P Marcinczak - Director


MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Meadowbrook Electrical 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 19,603 89,838 5,000 114,441
Additions - 53,577 - 53,577
At 31 March 2024 19,603 143,415 5,000 168,018
DEPRECIATION
At 1 April 2023 9,871 33,646 4,622 48,139
Charge for year 730 8,233 62 9,025
At 31 March 2024 10,601 41,879 4,684 57,164
NET BOOK VALUE
At 31 March 2024 9,002 101,536 316 110,854
At 31 March 2023 9,732 56,192 378 66,302

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 79,408 74,560

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 65,106 77,616
Taxation and social security 21,063 19,387
Other creditors 69,194 55,402
155,363 152,405

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,107 32,140

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,107 32,140

MEADOWBROOK ELECTRICAL LIMITED (REGISTERED NUMBER: 07992432)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
D J Marcinczak
Balance outstanding at start of year (23,388 ) (566 )
Amounts advanced 7,368 -
Amounts repaid (17,795 ) (22,822 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (33,815 ) (23,388 )

S P Marcinczak
Balance outstanding at start of year (31,291 ) (252 )
Amounts repaid (3,365 ) (31,039 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (34,656 ) (31,291 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D J Marcinczak.