1 October 2023 false No description of principal activity Taxfiler 2024.6 08229050business:PrivateLimitedCompanyLtd2023-10-012024-09-30 082290502023-09-30 082290502023-10-012024-09-30 08229050business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 08229050business:FilletedAccounts2023-10-012024-09-30 082290502024-09-30 08229050business:Director12023-10-012024-09-30 08229050business:Director22023-10-012024-09-30 08229050business:RegisteredOffice2023-10-012024-09-30 082290502023-09-30 08229050core:WithinOneYear2024-09-30 08229050core:WithinOneYear2023-09-30 08229050core:AfterOneYear2024-09-30 08229050core:AfterOneYear2023-09-30 08229050core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08229050core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 08229050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08229050core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 08229050core:PreviouslyStatedAmount2024-09-30 08229050core:PreviouslyStatedAmount2023-09-30 08229050business:SmallEntities2023-10-012024-09-30 08229050countries:EnglandWales2023-10-012024-09-30 08229050core:PlantMachinery2023-10-012024-09-30 08229050core:MotorVehicles2023-10-012024-09-30 08229050core:FurnitureFittings2023-10-012024-09-30 08229050core:ComputerEquipment2023-10-012024-09-30 08229050core:PlantMachinery2023-09-30 08229050core:MotorVehicles2023-09-30 08229050core:FurnitureFittings2023-09-30 08229050core:ComputerEquipment2023-09-30 08229050core:PlantMachinery2024-09-30 08229050core:MotorVehicles2024-09-30 08229050core:FurnitureFittings2024-09-30 08229050core:ComputerEquipment2024-09-30 082290502022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 08229050 (England and Wales)
Mega Electrical NW Ltd Unaudited accounts for the year ended 30 September 2024
Mega Electrical NW Ltd Unaudited accounts Contents
Page
- 2 -
Mega Electrical NW Ltd Company Information for the year ended 30 September 2024
Directors
Mr Gareth Jones Mr Carl Bellis
Company Number
08229050 (England and Wales)
Registered Office
Unit 6, Antelope Industrial Estate Rhydymwyn Mold Flintshire CH7 5JH United Kingdom
Accountants
P & L Accountancy 51 High Street Mold Flintshire CH7 1BQ
- 3 -
Mega Electrical NW Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
324,738 
376,127 
Current assets
Inventories
214,973 
219,440 
Debtors
1,059,056 
1,160,357 
Cash at bank and in hand
91,678 
59,337 
1,365,707 
1,439,134 
Creditors: amounts falling due within one year
(258,419)
(350,861)
Net current assets
1,107,288 
1,088,273 
Total assets less current liabilities
1,432,026 
1,464,400 
Creditors: amounts falling due after more than one year
(67,478)
(120,924)
Provisions for liabilities
Deferred tax
(69,085)
(77,076)
Net assets
1,295,463 
1,266,400 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,295,363 
1,266,300 
Shareholders' funds
1,295,463 
1,266,400 
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 directors acknowledge their 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 of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by
Mr Gareth Jones Director Company Registration No. 08229050
- 4 -
Mega Electrical NW Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Mega Electrical NW Ltd is a private company, limited by shares, registered in England and Wales, registration number 08229050. The registered office is Unit 6, Antelope Industrial Estate, Rhydymwyn, Mold, Flintshire, CH7 5JH, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
137,681 
482,424 
26,553 
8,585 
655,243 
Additions
19,948 
13,000 
- 
2,844 
35,792 
Disposals
(2,947)
(10,245)
- 
- 
(13,192)
At 30 September 2024
154,682 
485,179 
26,553 
11,429 
677,843 
Depreciation
At 1 October 2023
73,363 
190,646 
10,731 
4,376 
279,116 
Charge for the year
14,419 
59,849 
3,165 
2,106 
79,539 
On disposals
(1,245)
(4,305)
- 
- 
(5,550)
At 30 September 2024
86,537 
246,190 
13,896 
6,482 
353,105 
Net book value
At 30 September 2024
68,145 
238,989 
12,657 
4,947 
324,738 
At 30 September 2023
64,318 
291,778 
15,822 
4,209 
376,127 
- 5 -
Mega Electrical NW Ltd Notes to the Accounts for the year ended 30 September 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
369,657 
583,213 
Amounts due from group undertakings etc.
622,792 
530,806 
Accrued income and prepayments
26,393 
26,401 
Other debtors
40,214 
19,937 
1,059,056 
1,160,357 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
990 
2,649 
VAT
17,111 
10,787 
Trade creditors
148,833 
304,196 
Taxes and social security
89,601 
21,705 
Other creditors
1,884 
- 
Accruals
- 
11,524 
258,419 
350,861 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,146 
110,764 
Loans from directors
26,332 
10,160 
67,478 
120,924 
8
Average number of employees
During the year the average number of employees was 25 (2023: 25).
- 6 -