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REGISTERED NUMBER: NI682031 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

FLETCHER ELECTRICAL CONTRACTS LTD

FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


FLETCHER ELECTRICAL CONTRACTS LTD

Company Information
for the Year Ended 30 September 2024







DIRECTOR: A Fletcher



REGISTERED OFFICE: 36 Church Hill Road
Caledon
Co. Tyrone
BT68 4UY



REGISTERED NUMBER: NI682031 (Northern Ireland)



ACCOUNTANTS: Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY



BANKERS: Ulster Bank Ltd
7 Upper English Street
Armagh
Armagh
BT61 7BL

FLETCHER ELECTRICAL CONTRACTS LTD

Report of the Accountants to the Director of
FLETCHER ELECTRICAL CONTRACTS 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 30 September 2024 set out on pages four to eleven 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.






Henderson & Co
Chartered Certified Accountants
15 Killuney Drive
Armagh
Co. Armagh
BT60 1AY


23 May 2025

FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 7,000 8,000
Tangible assets 5 48,063 13,176
55,063 21,176

CURRENT ASSETS
Debtors 6 22,908 21,907
Cash at bank 6,103 7,423
29,011 29,330
CREDITORS
Amounts falling due within one year 7 40,333 27,600
NET CURRENT (LIABILITIES)/ASSETS (11,322 ) 1,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,741

22,906

CREDITORS
Amounts falling due after more than
one year

8

15,719

548
NET ASSETS 28,022 22,358

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 28,021 22,357
SHAREHOLDERS' FUNDS 28,022 22,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Balance Sheet - continued
30 September 2024


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 23 May 2025 and were signed by:





A Fletcher - Director


FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

FLETCHER ELECTRICAL CONTRACTS LTD is a private company, limited by shares , registered in Northern Ireland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Motor vehicles - 10% on reducing balance

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.


FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 10,000
AMORTISATION
At 1 October 2023 2,000
Amortisation for year 1,000
At 30 September 2024 3,000
NET BOOK VALUE
At 30 September 2024 7,000
At 30 September 2023 8,000

FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 6,760 9,000 15,760
Additions 5,800 32,506 38,306
At 30 September 2024 12,560 41,506 54,066
DEPRECIATION
At 1 October 2023 874 1,710 2,584
Charge for year 794 2,625 3,419
At 30 September 2024 1,668 4,335 6,003
NET BOOK VALUE
At 30 September 2024 10,892 37,171 48,063
At 30 September 2023 5,886 7,290 13,176

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 27,566
At 30 September 2024 27,566
DEPRECIATION
Charge for year 1,608
At 30 September 2024 1,608
NET BOOK VALUE
At 30 September 2024 25,958

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 1,278 5,833
Tax 21,016 15,476
VAT 614 598
22,908 21,907

FLETCHER ELECTRICAL CONTRACTS LTD (Registered number: NI682031)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 4,601 3,288
Tax 3,807 844
Social security and other taxes 939 1,704
Directors' current accounts 28,307 21,464
Accrued expenses 2,679 300
40,333 27,600

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Hire purchase contracts 15,719 548

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1 Ordinary 1 1 1

10. RESERVES
Retained
earnings
£   

At 1 October 2023 22,357
Profit for the year 20,764
Dividends (15,100 )
At 30 September 2024 28,021