IRIS Accounts Production v25.1.3.33 12143303 director 1.9.23 31.8.24 31.8.24 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121433032023-08-31121433032024-08-31121433032023-09-012024-08-31121433032022-08-31121433032022-09-012023-08-31121433032023-08-3112143303ns15:EnglandWales2023-09-012024-08-3112143303ns14:PoundSterling2023-09-012024-08-3112143303ns10:Director12023-09-012024-08-3112143303ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3112143303ns10:SmallEntities2023-09-012024-08-3112143303ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3112143303ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3112143303ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3112143303ns10:FullAccounts2023-09-012024-08-3112143303ns10:OrdinaryShareClass12023-09-012024-08-3112143303ns10:RegisteredOffice2023-09-012024-08-3112143303ns5:CurrentFinancialInstruments2024-08-3112143303ns5:CurrentFinancialInstruments2023-08-3112143303ns5:ShareCapital2024-08-3112143303ns5:ShareCapital2023-08-3112143303ns5:RetainedEarningsAccumulatedLosses2024-08-3112143303ns5:RetainedEarningsAccumulatedLosses2023-08-3112143303ns5:PlantMachinery2023-09-012024-08-3112143303ns5:MotorVehicles2023-09-012024-08-3112143303ns5:ComputerEquipment2023-09-012024-08-3112143303ns5:PlantMachinery2023-08-3112143303ns5:MotorVehicles2023-08-3112143303ns5:ComputerEquipment2023-08-3112143303ns5:PlantMachinery2024-08-3112143303ns5:MotorVehicles2024-08-3112143303ns5:ComputerEquipment2024-08-3112143303ns5:PlantMachinery2023-08-3112143303ns5:MotorVehicles2023-08-3112143303ns5:ComputerEquipment2023-08-3112143303ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3112143303ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3112143303ns10:OrdinaryShareClass12024-08-3112143303ns5:RetainedEarningsAccumulatedLosses2023-08-3112143303ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: 12143303 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Williams Electrical Ltd

Williams Electrical Ltd (Registered number: 12143303)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

Williams Electrical Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr Richard Williams





REGISTERED OFFICE: 395-397 Woodchurch Road
Prenton
Merseyside
CH42 8PF





REGISTERED NUMBER: 12143303 (England and Wales)





ACCOUNTANTS: Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside

Williams Electrical Ltd (Registered number: 12143303)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,848 2,151

CURRENT ASSETS
Stocks 5 250 262
Debtors 6 10,694 5,808
Cash at bank 2,721 7,468
13,665 13,538
CREDITORS
Amounts falling due within one year 7 6,462 5,502
NET CURRENT ASSETS 7,203 8,036
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,051

10,187

PROVISIONS FOR LIABILITIES 351 409
NET ASSETS 8,700 9,778

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 8,600 9,678
SHAREHOLDERS' FUNDS 8,700 9,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:



Mr Richard Williams - Director


Williams Electrical Ltd (Registered number: 12143303)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Williams Electrical Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Williams Electrical Ltd (Registered number: 12143303)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 273 5,977 488 6,738
Additions 345 - - 345
At 31 August 2024 618 5,977 488 7,083
DEPRECIATION
At 1 September 2023 112 4,086 389 4,587
Charge for year 76 473 99 648
At 31 August 2024 188 4,559 488 5,235
NET BOOK VALUE
At 31 August 2024 430 1,418 - 1,848
At 31 August 2023 161 1,891 99 2,151

5. STOCKS
31.8.24 31.8.23
£    £   
Stocks 250 262

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 8,703 5,442
Other debtors 1,597 -
Prepayments 394 366
10,694 5,808

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 833 -
Tax 4,473 4,168
Directors' current accounts 136 236
Accrued expenses 1,020 1,098
6,462 5,502

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary 1 100 100

Williams Electrical Ltd (Registered number: 12143303)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. RESERVES
Retained
earnings
£   

At 1 September 2023 9,678
Profit for the year 18,822
Dividends (19,900 )
At 31 August 2024 8,600

Williams Electrical Ltd

Report of the Accountants to the Director of
Williams Electrical Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside


21 May 2025