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REGISTERED NUMBER: 00519271 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2024

FOR

OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED

OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mr J R Davies
Mr J H Davies
Mrs S E O'Leary





REGISTERED OFFICE: Awelon
Nantgaredig
Carmarthen
Dyfed
SA32 7LG





REGISTERED NUMBER: 00519271 (England and Wales)

OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)

ABRIDGED BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 305,001 305,001

CURRENT ASSETS
Cash at bank 11,434 3,281

CREDITORS
Amounts falling due within one year 5,578 2,764
NET CURRENT ASSETS 5,856 517
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,857

305,518

CREDITORS
Amounts falling due after more than one
year

85,903

91,560
NET ASSETS 224,954 213,958

CAPITAL AND RESERVES
Called up share capital 5,100 5,100
Revaluation reserve 67,574 67,574
Retained earnings 152,280 141,284
SHAREHOLDERS' FUNDS 224,954 213,958

OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)

ABRIDGED BALANCE SHEET - continued
30TH APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Profit and Loss and an abridged Balance Sheet for the year ended 30th April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd April 2025 and were signed on its behalf by:





Mr J H Davies - Director


OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Oswald Davies (Electrical Supplies) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Freehold property - 0% on cost
Plant and machinery - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.


OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued
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.

Going concern basis of accounting
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern, which the director considers appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1st May 2023
and 30th April 2024 305,800
DEPRECIATION
At 1st May 2023
and 30th April 2024 799
NET BOOK VALUE
At 30th April 2024 305,001
At 30th April 2023 305,001

There is no change in the property valuation.

OSWALD DAVIES (ELECTRICAL SUPPLIES)
LIMITED (REGISTERED NUMBER: 00519271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation of land and buildings comprises:
£

Cost 237,426
Valuation 1993 67,574
---------
305,000
--------