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Company Registration No. 13041806 (England and Wales)
MH ELECTRICAL CONTRACTORS NE LTD Unaudited accounts for the year ended 30 November 2024
MH ELECTRICAL CONTRACTORS NE LTD Unaudited accounts Contents
Page
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MH ELECTRICAL CONTRACTORS NE LTD Company Information for the year ended 30 November 2024
Directors
Marc Robert Hume Jonathan McEnaney Lee Hume
Company Number
13041806 (England and Wales)
Registered Office
Unit 29 Brenkley Way Blezard Business Park Seaton Burn Newcastle upon Tyne Tyne and Wear NE13 6DS England
Accountants
DN Accounting Services 30 Park Lea East Herrington Sunderland Tyne and Wear SR3 3TA
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MH ELECTRICAL CONTRACTORS NE LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
303,705 
133,133 
Investment property
58,333 
- 
362,038 
133,133 
Current assets
Debtors
1,494,085 
792,854 
Cash at bank and in hand
180,358 
27,649 
1,674,443 
820,503 
Creditors: amounts falling due within one year
(1,629,706)
(582,355)
Net current assets
44,737 
238,148 
Total assets less current liabilities
406,775 
371,281 
Creditors: amounts falling due after more than one year
(252,763)
(121,539)
Net assets
154,012 
249,742 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
25,333 
- 
Profit and loss account
128,579 
249,642 
Shareholders' funds
154,012 
249,742 
For the year ending 30 November 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 22 June 2025 and were signed on its behalf by
Marc Robert Hume Director Company Registration No. 13041806
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MH ELECTRICAL CONTRACTORS NE LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
MH ELECTRICAL CONTRACTORS NE LTD is a private company, limited by shares, registered in England and Wales, registration number 13041806. The registered office is Unit 29 Brenkley Way, Blezard Business Park, Seaton Burn, Newcastle upon Tyne, Tyne and Wear, NE13 6DS, England.
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
Depreciate over four years, straight line method.
Fixtures & fittings
Depreciate over three years, straight line method.
Computer equipment
Depreciate over three years, straight line method.
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MH ELECTRICAL CONTRACTORS NE LTD Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2023
244,712 
3,444 
4,082 
252,238 
Additions
252,955 
13,643 
4,886 
271,484 
Disposals
(35,854)
- 
- 
(35,854)
At 30 November 2024
461,813 
17,087 
8,968 
487,868 
Depreciation
At 1 December 2023
113,754 
2,900 
2,451 
119,105 
Charge for the year
59,896 
4,416 
746 
65,058 
At 30 November 2024
173,650 
7,316 
3,197 
184,163 
Net book value
At 30 November 2024
288,163 
9,771 
5,771 
303,705 
At 30 November 2023
130,958 
544 
1,631 
133,133 
5
Investment property
2024 
£ 
Additions
33,000 
Net gain from fair value adjustments
25,333 
At 30 November 2024
58,333 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
113,257 
56,966 
Trade debtors
1,377,373 
734,561 
Other debtors
3,455 
1,327 
1,494,085 
792,854 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
62,469 
- 
Obligations under finance leases and hire purchase contracts
68,810 
27,745 
Trade creditors
1,392,659 
369,000 
Taxes and social security
133,602 
138,434 
Other creditors
7,237 
61,118 
Loans from directors
(35,071)
(13,942)
1,629,706 
582,355 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
252,763 
121,539 
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MH ELECTRICAL CONTRACTORS NE LTD Notes to the Accounts for the year ended 30 November 2024
9
Average number of employees
During the year the average number of employees was 32 (2023: 20).
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