1 August 2023 false No description of principal activity Taxfiler 2024.6 NI046379business:PrivateLimitedCompanyLtd2023-08-012024-07-31 NI0463792023-07-31 NI0463792023-08-012024-07-31 NI046379business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 NI046379business:FilletedAccounts2023-08-012024-07-31 NI0463792024-07-31 NI046379business:Director12023-08-012024-07-31 NI046379business:Director22023-08-012024-07-31 NI046379business:Director32023-08-012024-07-31 NI046379business:Director42023-08-012024-07-31 NI046379business:RegisteredOffice2023-08-012024-07-31 NI0463792023-07-31 NI046379core:WithinOneYear2024-07-31 NI046379core:WithinOneYear2023-07-31 NI046379core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 NI046379core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 NI046379core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 NI046379core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 NI046379core:PreviouslyStatedAmount2024-07-31 NI046379core:PreviouslyStatedAmount2023-07-31 NI046379business:SmallEntities2023-08-012024-07-31 NI046379countries:NorthernIreland2023-08-012024-07-31 NI046379core:PlantMachinery2023-08-012024-07-31 NI046379core:MotorVehicles2023-08-012024-07-31 NI046379core:PlantMachinery2023-07-31 NI046379core:MotorVehicles2023-07-31 NI046379core:PlantMachinery2024-07-31 NI046379core:MotorVehicles2024-07-31 NI0463792022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. NI046379 (Northern Ireland)
T A Electric Company Ltd Unaudited accounts for the year ended 31 July 2024
T A Electric Company Ltd Unaudited accounts Contents
Page
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T A Electric Company Ltd Company Information for the year ended 31 July 2024
Directors
S Agnew T Agnew S McGookin C McGookin
Company Number
NI046379 (Northern Ireland)
Registered Office
65 Edenbane Road Garvagh Coleraine County Londonderry BT51 5NA Northern Ireland
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T A Electric Company Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,050 
9,900 
Current assets
Inventories
2,603 
5,868 
Debtors
35,978 
53,643 
Cash at bank and in hand
109,110 
39,471 
147,691 
98,982 
Creditors: amounts falling due within one year
(69,888)
(47,893)
Net current assets
77,803 
51,089 
Total assets less current liabilities
82,853 
60,989 
Provisions for liabilities
Deferred tax
(134)
(874)
Net assets
82,719 
60,115 
Capital and reserves
Called up share capital
100 
2 
Profit and loss account
82,619 
60,113 
Shareholders' funds
82,719 
60,115 
For the year ending 31 July 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 7 November 2024 and were signed on its behalf by
T Agnew Director Company Registration No. NI046379
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T A Electric Company Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
T A Electric Company Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI046379. The registered office is 65 Edenbane Road, Garvagh, Coleraine, County Londonderry, BT51 5NA, Northern Ireland.
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:
Plant & machinery
12-5 - 20% Straight line
Motor vehicles
20% Straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
6,631 
61,087 
67,718 
At 31 July 2024
6,631 
61,087 
67,718 
Depreciation
At 1 August 2023
6,631 
51,187 
57,818 
Charge for the year
- 
4,850 
4,850 
At 31 July 2024
6,631 
56,037 
62,668 
Net book value
At 31 July 2024
- 
5,050 
5,050 
At 31 July 2023
- 
9,900 
9,900 
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T A Electric Company Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
640 
Trade debtors
28,569 
48,329 
Accrued income and prepayments
7,409 
4,674 
35,978 
53,643 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(1,561)
- 
Trade creditors
4,071 
- 
Taxes and social security
9,616 
7,061 
Loans from directors
49,892 
36,783 
Accruals
7,870 
4,049 
69,888 
47,893 
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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