Company Registration No. SC709158 (Scotland)
I-Elec Services Ltd
Unaudited accounts
for the year ended 30 September 2024
I-Elec Services Ltd
Unaudited accounts
Contents
I-Elec Services Ltd
Company Information
for the year ended 30 September 2024
Company Number
SC709158 (Scotland)
Registered Office
94 HOPE STREET
SUITE 2.11
GLASGOW
G2 6PH
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
I-Elec Services Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
4,114
4,330
Cash at bank and in hand
7,246
7,207
Creditors: amounts falling due within one year
(2,573)
(7,990)
Net current assets
4,973
141
Called up share capital
100
100
Profit and loss account
8,987
4,371
Shareholders' funds
9,087
4,471
For the year ending 30 September 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 16 January 2025 and were signed on its behalf by
Iain Wilson
Director
Company Registration No. SC709158
I-Elec Services Ltd
Notes to the Accounts
for the year ended 30 September 2024
I-Elec Services Ltd is a private company, limited by shares, registered in Scotland, registration number SC709158. The registered office is 94 HOPE STREET, SUITE 2.11, GLASGOW, G2 6PH, SCOTLAND.
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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:
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
5,625
1,555
7,180
At 30 September 2024
5,625
2,710
8,335
At 1 October 2023
2,461
389
2,850
Charge for the year
791
580
1,371
At 30 September 2024
3,252
969
4,221
At 30 September 2024
2,373
1,741
4,114
At 30 September 2023
3,164
1,166
4,330
Amounts falling due within one year
I-Elec Services Ltd
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,314
3,827
Taxes and social security
1,259
4,163
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Average number of employees
During the year the average number of employees was 0 (2023: 1).