Company Registration No. 07676033 (England and Wales)
Warner Electrical Contractors Limited
Unaudited accounts
for the year ended 31 August 2024
Warner Electrical Contractors Limited
Unaudited accounts
Contents
Warner Electrical Contractors Limited
Company Information
for the year ended 31 August 2024
Company Number
07676033 (England and Wales)
Registered Office
4 The Levels
Hornsea
HU18 1GA
Accountants
Rainbird Hanton Accountants
The Temple
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Warner Electrical Contractors Limited
Statement of financial position
as at 31 August 2024
Tangible assets
89,671
15,459
Cash at bank and in hand
24
24
Creditors: amounts falling due within one year
(310,140)
(329,957)
Net current assets
34,790
54,836
Total assets less current liabilities
124,461
70,295
Creditors: amounts falling due after more than one year
(7,762)
(20,924)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
116,253
48,925
Shareholders' funds
116,353
49,025
For the year ending 31 August 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 31 October 2024 and were signed on its behalf by
Peter Warner
Director
Company Registration No. 07676033
Warner Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 August 2024
Warner Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 07676033. The registered office is 4 The Levels, Hornsea, HU18 1GA.
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
25% on cost
Fixtures & fittings
33.33% on cost
Computer equipment
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2023
10,000
At 1 September 2023
10,000
Warner Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
2,382
24,490
6,093
7,536
40,501
Additions
-
86,237
-
666
86,903
At 31 August 2024
2,382
110,727
6,093
8,202
127,404
At 1 September 2023
2,382
9,309
5,971
7,380
25,042
Charge for the year
-
12,492
40
159
12,691
At 31 August 2024
2,382
21,801
6,011
7,539
37,733
At 31 August 2024
-
88,926
82
663
89,671
At 31 August 2023
-
15,181
122
156
15,459
Amounts falling due within one year
Trade debtors
332,956
354,545
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,167
36,474
Obligations under finance leases and hire purchase contracts
74,484
6,239
Trade creditors
140,275
177,023
Taxes and social security
15,764
18,327
Other creditors
59,140
89,875
Loans from directors
397
219
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,162
9
Average number of employees
During the year the average number of employees was 18 (2023: 16).