W.&.S.ELECTRICAL(WALSALL)CO,LIMITED
Statement of financial position
as at 30 September 2024
Tangible assets
11,025
14,679
Cash at bank and in hand
(246)
(17,409)
Creditors: amounts falling due within one year
(52,987)
(48,783)
Net current liabilities
(46,674)
(56,810)
Net liabilities
(35,649)
(42,131)
Called up share capital
1,951
1,951
Profit and loss account
(37,600)
(44,082)
Shareholders' funds
(35,649)
(42,131)
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 20 June 2025 and were signed on its behalf by
David Andrew Wardle
Director
Company Registration No. 00746103
W.&.S.ELECTRICAL(WALSALL)CO,LIMITED
Notes to the Accounts
for the year ended 30 September 2024
W.&.S.ELECTRICAL(WALSALL)CO,LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00746103. The registered office is 8 BRAMBLE LANE, BURNTWOOD, STAFFORDSHIRE, WS7 9AU.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
599
27,886
348
28,833
At 30 September 2024
599
27,886
348
28,833
At 1 October 2023
202
13,766
186
14,154
Charge for the year
100
3,530
24
3,654
At 30 September 2024
302
17,296
210
17,808
At 30 September 2024
297
10,590
138
11,025
At 30 September 2023
397
14,120
162
14,679
W.&.S.ELECTRICAL(WALSALL)CO,LIMITED
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Amounts falling due after more than one year
Accrued income and prepayments
(791)
(791)
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
12,538
10,991
Taxes and social security
4,483
1,753
Loans from directors
28,278
30,728
Allotted, called up and fully paid:
1,951 Ordinary shares of £1 each
1,951
1,951
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Average number of employees
During the year the average number of employees was 0 (2023: 0).