Company Registration No. 09168200 (England and Wales)
Total Electrical Systems Limited
Unaudited accounts
for the year ended 31 August 2024
Total Electrical Systems Limited
Unaudited accounts
Contents
Total Electrical Systems Limited
Company Information
for the year ended 31 August 2024
Company Number
09168200 (England and Wales)
Registered Office
25 Ashworth Street
Waterfoot
Rossendale
Lancashire
BB4 7AY
Accountants
NS Accounts
290 Burnley Road East
Waterfoot
Rossendale
Lancashire
BB4 9HU
Total Electrical Systems Limited
Statement of financial position
as at 31 August 2024
Tangible assets
7,319
10,980
Cash at bank and in hand
4,665
2,104
Creditors: amounts falling due within one year
(30,587)
(2,819)
Net current assets/(liabilities)
48
(715)
Total assets less current liabilities
7,367
10,265
Creditors: amounts falling due after more than one year
-
(10,667)
Net assets/(liabilities)
7,367
(402)
Called up share capital
100
100
Profit and loss account
7,267
(502)
Shareholders' funds
7,367
(402)
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 30 May 2025 and were signed on its behalf by
Mr A Tomlinson
Director
Company Registration No. 09168200
Total Electrical Systems Limited
Notes to the Accounts
for the year ended 31 August 2024
Total Electrical Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 09168200. The registered office is 25 Ashworth Street, Waterfoot, Rossendale, Lancashire, BB4 7AY.
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
20% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
33% Straight Line
The financial statements have been produced on the going concern basis on the grounds that the directors will continue to provide sufficient finance.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
3,400
14,641
672
18,713
At 31 August 2024
3,400
14,641
672
18,713
At 1 September 2023
3,400
3,661
672
7,733
Charge for the year
-
3,661
-
3,661
At 31 August 2024
3,400
7,322
672
11,394
At 31 August 2024
-
7,319
-
7,319
At 31 August 2023
-
10,980
-
10,980
Total Electrical Systems Limited
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,667
4,000
Taxes and social security
17,844
16,952
Loans from directors
-
(19,773)
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
19,773
22,855
15,657
26,971
19,773
22,855
15,657
26,971
No terms of repayment have been set or interest charged on outstanding balance.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).