Company Registration No. 04883717 (England and Wales)
Cosmar Electrical Contractors Limited
Unaudited accounts
for the year ended 30 September 2024
Cosmar Electrical Contractors Limited
Unaudited accounts
Contents
Cosmar Electrical Contractors Limited
Company Information
for the year ended 30 September 2024
Directors
C Constantinou
M Constantinou
Company Number
04883717 (England and Wales)
Registered Office
45 Pine Grove
Brookmans Park
Hatfield
AL9 7BL
Accountants
Financial and Accounting Solutions
6 Hadleigh Close
Harrow
Middlesex
HA2 8FA
Cosmar Electrical Contractors Limited
Statement of financial position
as at 30 September 2024
Tangible assets
42,812
161,532
Cash at bank and in hand
291,871
280,683
Creditors: amounts falling due within one year
(24,675)
(113,465)
Net current assets
392,153
359,046
Total assets less current liabilities
434,965
520,578
Creditors: amounts falling due after more than one year
(18,018)
(86,831)
Provisions for liabilities
Net assets
416,947
421,576
Called up share capital
100
100
Profit and loss account
416,847
421,476
Shareholders' funds
416,947
421,576
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 15 June 2025 and were signed on its behalf by
M Constantinou
Director
Company Registration No. 04883717
Cosmar Electrical Contractors Limited
Notes to the Accounts
for the year ended 30 September 2024
Cosmar Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 04883717. The registered office is 45 Pine Grove, Brookmans Park, Hatfield, AL9 7BL.
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:
Computer equipment
25% WDV
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
355,457
8,731
364,188
Disposals
(76,487)
-
(76,487)
At 30 September 2024
278,970
8,731
287,701
At 1 October 2023
195,786
6,870
202,656
Charge for the year
41,768
465
42,233
At 30 September 2024
237,554
7,335
244,889
At 30 September 2024
41,416
1,396
42,812
At 30 September 2023
159,671
1,861
161,532
The company has revalued their Investment in Lakey Apparels, and as this investment is not likely to give any future yields , has been written off.
Cosmar Electrical Contractors Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
95,006
188,060
Deferred tax asset
1,936
-
Accrued income and prepayments
3,254
1,851
Other debtors
24,761
1,917
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
19,190
27,528
Obligations under finance leases and hire purchase contracts
7,366
34,926
Trade creditors
25,795
13,922
Taxes and social security
38,505
36,645
Loans from directors
(100,327)
(32,658)
A sum of £40,000 was loaned to the director and this amount was repaid within nine months of the year end.
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
18,018
86,831
The company has taken a Business Interruption Loan, in order to cover its expenses over the pandemic.
9
Average number of employees
During the year the average number of employees was 2 (2023: 3).