Company Registration No. 11738966 (England and Wales)
Rae Electrical Contracting Ltd
Unaudited accounts
for the year ended 31 December 2024
Rae Electrical Contracting Ltd
Unaudited accounts
Contents
Rae Electrical Contracting Ltd
Company Information
for the year ended 31 December 2024
Company Number
11738966 (England and Wales)
Registered Office
4 The Sedges
St. Leonards-On-Sea
TN38 9TU
United Kingdom
Accountants
Walsh Accountancy Services Ltd
37 St Margarets Road
St Leonards On Sea
East Sussex
TN37 6EH
Rae Electrical Contracting Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
5,076
5,972
Cash at bank and in hand
3,363
1,468
Creditors: amounts falling due within one year
(5,893)
(10,527)
Net current assets
11,617
10,721
Total assets less current liabilities
16,693
16,693
Provisions for liabilities
Deferred tax
(1,493)
(1,493)
Called up share capital
10
10
Profit and loss account
15,190
15,190
Shareholders' funds
15,200
15,200
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 1 April 2025 and were signed on its behalf by
Robert Earl
Director
Company Registration No. 11738966
Rae Electrical Contracting Ltd
Notes to the Accounts
for the year ended 31 December 2024
Rae Electrical Contracting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11738966. The registered office is 4 The Sedges, St. Leonards-On-Sea, TN38 9TU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% Reducing Balance
Computer equipment
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
6,682
2,567
9,249
At 31 December 2024
6,682
2,567
9,249
At 1 January 2024
2,050
1,227
3,277
Charge for the year
695
201
896
At 31 December 2024
2,745
1,428
4,173
At 31 December 2024
3,937
1,139
5,076
At 31 December 2023
4,632
1,340
5,972
Amounts falling due within one year
Accrued income and prepayments
-
128
Other debtors
14,147
15,628
Rae Electrical Contracting Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,806
9,752
Loans from directors
(3,913)
90
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).