2023-11-012024-10-312024-10-31false13687840Melport Electrical Ltd2025-05-05falseiso4217:GBPxbrli:pure136878402023-11-01136878402024-10-31136878402023-11-012024-10-31136878402022-11-01136878402023-10-31136878402022-11-012023-10-3113687840bus:SmallEntities2023-11-012024-10-3113687840bus:AuditExempt-NoAccountantsReport2023-11-012024-10-3113687840bus:AbridgedAccounts2023-11-012024-10-3113687840bus:PrivateLimitedCompanyLtd2023-11-012024-10-3113687840core:WithinOneYear2024-10-3113687840core:AfterOneYear2024-10-3113687840core:WithinOneYear2023-10-3113687840core:AfterOneYear2023-10-3113687840core:ShareCapital2024-10-3113687840core:SharePremium2024-10-3113687840core:RevaluationReserve2024-10-3113687840core:OtherReservesSubtotal2024-10-3113687840core:RetainedEarningsAccumulatedLosses2024-10-3113687840core:ShareCapital2023-10-3113687840core:SharePremium2023-10-3113687840core:RevaluationReserve2023-10-3113687840core:OtherReservesSubtotal2023-10-3113687840core:RetainedEarningsAccumulatedLosses2023-10-3113687840core:LandBuildings2024-10-3113687840core:PlantMachinery2024-10-3113687840core:Vehicles2024-10-3113687840core:FurnitureFittings2024-10-3113687840core:OfficeEquipment2024-10-3113687840core:NetGoodwill2024-10-3113687840core:IntangibleAssetsOtherThanGoodwill2024-10-3113687840core:ListedExchangeTraded2024-10-3113687840core:UnlistedNon-exchangeTraded2024-10-3113687840core:LandBuildings2023-10-3113687840core:PlantMachinery2023-10-3113687840core:Vehicles2023-10-3113687840core:FurnitureFittings2023-10-3113687840core:OfficeEquipment2023-10-3113687840core:NetGoodwill2023-10-3113687840core:IntangibleAssetsOtherThanGoodwill2023-10-3113687840core:ListedExchangeTraded2023-10-3113687840core:UnlistedNon-exchangeTraded2023-10-3113687840core:LandBuildings2023-11-012024-10-3113687840core:PlantMachinery2023-11-012024-10-3113687840core:Vehicles2023-11-012024-10-3113687840core:FurnitureFittings2023-11-012024-10-3113687840core:OfficeEquipment2023-11-012024-10-3113687840core:NetGoodwill2023-11-012024-10-3113687840core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3113687840core:ListedExchangeTraded2023-11-012024-10-3113687840core:UnlistedNon-exchangeTraded2023-11-012024-10-3113687840core:MoreThanFiveYears2023-11-012024-10-3113687840core:Non-currentFinancialInstruments2024-10-3113687840core:Non-currentFinancialInstruments2023-10-3113687840dpl:CostSales2023-11-012024-10-3113687840dpl:DistributionCosts2023-11-012024-10-3113687840core:LandBuildings2023-11-012024-10-3113687840core:PlantMachinery2023-11-012024-10-3113687840core:Vehicles2023-11-012024-10-3113687840core:FurnitureFittings2023-11-012024-10-3113687840core:OfficeEquipment2023-11-012024-10-3113687840dpl:AdministrativeExpenses2023-11-012024-10-3113687840core:NetGoodwill2023-11-012024-10-3113687840core:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3113687840dpl:GroupUndertakings2023-11-012024-10-3113687840dpl:ParticipatingInterests2023-11-012024-10-3113687840dpl:GroupUndertakingscore:ListedExchangeTraded2023-11-012024-10-3113687840core:ListedExchangeTraded2023-11-012024-10-3113687840dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-11-012024-10-3113687840core:UnlistedNon-exchangeTraded2023-11-012024-10-3113687840dpl:CostSales2022-11-012023-10-3113687840dpl:DistributionCosts2022-11-012023-10-3113687840core:LandBuildings2022-11-012023-10-3113687840core:PlantMachinery2022-11-012023-10-3113687840core:Vehicles2022-11-012023-10-3113687840core:FurnitureFittings2022-11-012023-10-3113687840core:OfficeEquipment2022-11-012023-10-3113687840dpl:AdministrativeExpenses2022-11-012023-10-3113687840core:NetGoodwill2022-11-012023-10-3113687840core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3113687840dpl:GroupUndertakings2022-11-012023-10-3113687840dpl:ParticipatingInterests2022-11-012023-10-3113687840dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3113687840core:ListedExchangeTraded2022-11-012023-10-3113687840dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3113687840core:UnlistedNon-exchangeTraded2022-11-012023-10-3113687840core:NetGoodwill2024-10-3113687840core:IntangibleAssetsOtherThanGoodwill2024-10-3113687840core:LandBuildings2024-10-3113687840core:PlantMachinery2024-10-3113687840core:Vehicles2024-10-3113687840core:FurnitureFittings2024-10-3113687840core:OfficeEquipment2024-10-3113687840core:AfterOneYear2024-10-3113687840core:WithinOneYear2024-10-3113687840core:ListedExchangeTraded2024-10-3113687840core:UnlistedNon-exchangeTraded2024-10-3113687840core:ShareCapital2024-10-3113687840core:SharePremium2024-10-3113687840core:RevaluationReserve2024-10-3113687840core:OtherReservesSubtotal2024-10-3113687840core:RetainedEarningsAccumulatedLosses2024-10-3113687840core:NetGoodwill2023-10-3113687840core:IntangibleAssetsOtherThanGoodwill2023-10-3113687840core:LandBuildings2023-10-3113687840core:PlantMachinery2023-10-3113687840core:Vehicles2023-10-3113687840core:FurnitureFittings2023-10-3113687840core:OfficeEquipment2023-10-3113687840core:AfterOneYear2023-10-3113687840core:WithinOneYear2023-10-3113687840core:ListedExchangeTraded2023-10-3113687840core:UnlistedNon-exchangeTraded2023-10-3113687840core:ShareCapital2023-10-3113687840core:SharePremium2023-10-3113687840core:RevaluationReserve2023-10-3113687840core:OtherReservesSubtotal2023-10-3113687840core:RetainedEarningsAccumulatedLosses2023-10-3113687840core:NetGoodwill2022-11-0113687840core:IntangibleAssetsOtherThanGoodwill2022-11-0113687840core:LandBuildings2022-11-0113687840core:PlantMachinery2022-11-0113687840core:Vehicles2022-11-0113687840core:FurnitureFittings2022-11-0113687840core:OfficeEquipment2022-11-0113687840core:AfterOneYear2022-11-0113687840core:WithinOneYear2022-11-0113687840core:ListedExchangeTraded2022-11-0113687840core:UnlistedNon-exchangeTraded2022-11-0113687840core:ShareCapital2022-11-0113687840core:SharePremium2022-11-0113687840core:RevaluationReserve2022-11-0113687840core:OtherReservesSubtotal2022-11-0113687840core:RetainedEarningsAccumulatedLosses2022-11-0113687840core:AfterOneYear2023-11-012024-10-3113687840core:WithinOneYear2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:CostValuation2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-012024-10-3113687840core:Non-currentFinancialInstrumentscore:CostValuation2024-10-3113687840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-10-3113687840core:Non-currentFinancialInstrumentscore:CostValuation2023-10-3113687840core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-10-3113687840core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-10-3113687840bus:Director12023-11-012024-10-31

Melport Electrical Ltd

Registered Number
13687840
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2024

Melport Electrical Ltd
Company Information
for the year from 1 November 2023 to 31 October 2024

Director

Mr C Fitzgerald

Registered Address

Unit In1 Invincible Daedalus Park
Daedalus Drive
Lee-On-The-Solent
PO13 9FX

Registered Number

13687840 (England and Wales)
Melport Electrical Ltd
Balance Sheet as at
31 October 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets333,865-
33,865-
Current assets
Stocks45,748-
Debtors34,13679,265
Cash at bank and on hand43,89236,670
123,776115,935
Creditors amounts falling due within one year(77,764)(62,865)
Net current assets (liabilities)46,01253,070
Total assets less current liabilities79,87753,070
Creditors amounts falling due after one year(25,799)-
Provisions for liabilities(6,434)-
Net assets47,64453,070
Capital and reserves
Called up share capital11
Profit and loss account47,64353,069
Shareholders' funds47,64453,070
The financial statements were approved and authorised for issue by the Director on 5 May 2025, and are signed on its behalf by:
Mr C Fitzgerald
Director
Registered Company No. 13687840
Melport Electrical Ltd
Notes to the Financial Statements
for the year ended 31 October 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year42
3.Tangible fixed assets

Total

£
Cost or valuation
Additions39,463
At 31 October 2439,463
Depreciation and impairment
Charge for year5,598
At 31 October 245,597
Net book value
At 31 October 2433,865
At 31 October 23-
4.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts25,799-
5.Other commitments
The company had total guarantees contingencies and commitments at the year end of £13,852 (2023 £20,866).