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REGISTERED NUMBER: 09882778 (England and Wales)















NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024






NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 8

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2024







DIRECTORS: S M Smith
S M Pursley





SECRETARY:





REGISTERED OFFICE: Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL





REGISTERED NUMBER: 09882778 (England and Wales)





ACCOUNTANTS: FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 408,857 190,540

CURRENT ASSETS
Debtors 5 134,340 96,594
Cash at bank 29,050 96,184
163,390 192,778
CREDITORS
Amounts falling due within one year 6 239,024 134,523
NET CURRENT (LIABILITIES)/ASSETS (75,634 ) 58,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

333,223

248,795

CREDITORS
Amounts falling due after more than one
year

7

233,404

183,295
NET ASSETS 99,819 65,500

CAPITAL AND RESERVES
Called up share capital 8 200 200
Retained earnings 99,619 65,300
SHAREHOLDERS' FUNDS 99,819 65,500

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

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

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 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 20 March 2025 and were signed on its behalf by:





S M Pursley - Director


NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1. STATUTORY INFORMATION

Nationwide Electrical Contractor Services Ltd 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover
Revenue 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and Machinery - 20% on cost
Motor Vehicles - 25% on cost
Computer Equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

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

2. ACCOUNTING POLICIES - continued

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 7 (2023 - 9 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor Computer
Machinery Vehicles Equipment Totals
£    £    £    £   
COST
At 1 December 2023 36,208 355,480 8,794 400,482
Additions 898 237,510 - 238,408
At 30 November 2024 37,106 592,990 8,794 638,890
DEPRECIATION
At 1 December 2023 24,148 178,736 7,058 209,942
Charge for year 3,723 15,684 684 20,091
At 30 November 2024 27,871 194,420 7,742 230,033
NET BOOK VALUE
At 30 November 2024 9,235 398,570 1,052 408,857
At 30 November 2023 12,060 176,744 1,736 190,540

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
Vehicles
£   
COST
At 1 December 2023 340,643
Additions 237,510
At 30 November 2024 578,153
DEPRECIATION
At 1 December 2023 165,401
Charge for year 15,246
At 30 November 2024 180,647
NET BOOK VALUE
At 30 November 2024 397,506
At 30 November 2023 175,242

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 89,735 51,914
Other debtors 44,605 44,680
134,340 96,594

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 176,850 57,648
Trade creditors 1,226 750
Taxation and social security 33,027 40,240
Other creditors 17,921 25,885
239,024 134,523

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,102 15,097
Hire purchase contracts 228,302 168,198
233,404 183,295

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
100 B Shares £1 100 100
200 200

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
S M Smith
Balance outstanding at start of year 9,607 9,690
Amounts advanced 65,209 67,358
Amounts repaid (65,475 ) (67,441 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,341 9,607

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD (REGISTERED NUMBER: 09882778)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

S M Pursley
Balance outstanding at start of year 9,607 9,682
Amounts advanced 65,209 68,349
Amounts repaid (65,475 ) (68,424 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,341 9,607

10. RELATED PARTY DISCLOSURES

During the year the company loaned £456 (2023: £246)to Nationwide Properties (Yorkshire) Ltd, a company controlled by S Pursley & S Smith who are common shareholders. at the year end £20,922 (2023: £20,466) was outstanding.

NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
NATIONWIDE ELECTRICAL CONTRACTOR
SERVICES LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 November 2024 set out on pages two to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






FINLAYSON & CO
Whitby Court
Abbey Road
Shepley
HUDDERSFIELD
West Yorkshire
HD8 8EL


20 March 2025