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Company Registration No. 09964095 (England and Wales)
NTH ELECTRICAL CONTRACTORS LIMITED Unaudited accounts for the year ended 31 December 2024
NTH ELECTRICAL CONTRACTORS LIMITED Unaudited accounts Contents
Page
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NTH ELECTRICAL CONTRACTORS LIMITED Company Information for the year ended 31 December 2024
Director
N.Handley
Company Number
09964095 (England and Wales)
Registered Office
8 Follyhall Road Tingley Wakefield West Yorkshire WF3 1TN
Accountants
Small Business Accountancy 18 Stoney Hill Rastrick Brighouse West Yorkshire HD6 3BP
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NTH ELECTRICAL CONTRACTORS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
47,467 
30,798 
Current assets
Inventories
1,400 
1,150 
Debtors
14,712 
52,440 
Cash at bank and in hand
27,595 
43,468 
43,707 
97,058 
Creditors: amounts falling due within one year
(41,221)
(83,505)
Net current assets
2,486 
13,553 
Total assets less current liabilities
49,953 
44,351 
Creditors: amounts falling due after more than one year
(28,120)
(20,119)
Provisions for liabilities
Deferred tax
(9,019)
(5,960)
Net assets
12,814 
18,272 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
12,813 
18,271 
Shareholders' funds
12,814 
18,272 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 17 March 2025 and were signed on its behalf by
N.Handley Director Company Registration No. 09964095
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NTH ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09964095. The registered office is 8 Follyhall Road, Tingley, Wakefield, West Yorkshire, WF3 1TN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
10% Straight Line
Plant & machinery
10% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Turnover
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.
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
1,993 
896 
44,820 
1,610 
225 
49,544 
Additions
- 
- 
34,799 
- 
1,966 
36,765 
Disposals
- 
- 
(20,575)
- 
- 
(20,575)
At 31 December 2024
1,993 
896 
59,044 
1,610 
2,191 
65,734 
Depreciation
At 1 January 2024
399 
509 
16,997 
796 
45 
18,746 
Charge for the year
199 
39 
10,839 
162 
430 
11,669 
On disposals
- 
- 
(12,148)
- 
- 
(12,148)
At 31 December 2024
598 
548 
15,688 
958 
475 
18,267 
Net book value
At 31 December 2024
1,395 
348 
43,356 
652 
1,716 
47,467 
At 31 December 2023
1,594 
387 
27,823 
814 
180 
30,798 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
43,356 
19,396 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
2,497 
Trade debtors
9,440 
48,289 
Accrued income and prepayments
1,158 
1,654 
Other debtors
4,114 
- 
14,712 
52,440 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
8,000 
8,000 
VAT
1,146 
- 
Obligations under finance leases and hire purchase contracts
8,280 
2,259 
Trade creditors
11,147 
23,655 
Taxes and social security
7,813 
11,927 
Other creditors
3,625 
36,396 
Loans from directors
- 
93 
Accruals
1,210 
1,175 
41,221 
83,505 
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NTH ELECTRICAL CONTRACTORS LIMITED Notes to the Accounts for the year ended 31 December 2024
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
3,333 
11,333 
Obligations under finance leases and hire purchase contracts
24,787 
8,786 
28,120 
20,119 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
9,019 
5,960 
2024 
2023 
£ 
£ 
Provision at start of year
5,960 
2,905 
Charged to the profit and loss account
3,059 
3,055 
Provision at end of year
9,019 
5,960 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
N.Handley
Loan to Director
- 
4,114 
- 
4,114 
- 
4,114 
- 
4,114 
Overdrawn Directors Loan Account as at 31st December 2024. Repaid within 9 months and 1 day following the end of the Accounting Period.
11
Transactions with related parties
During the year, total dividends of £48,000 (2023: £57,125) were paid to the director.
12
Average number of employees
During the year the average number of employees was 4 (2023: 3).
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