Company Registration No. 11656335 (England and Wales)
Nationwide Electrics Ltd
Unaudited accounts
for the year ended 30 November 2024
Nationwide Electrics Ltd
Unaudited accounts
Contents
Nationwide Electrics Ltd
Company Information
for the year ended 30 November 2024
Director
Mr Mohammad Hossain
Company Number
11656335 (England and Wales)
Registered Office
53 Brook Road
Newbury Park
Ilford
Essex
IG2 7EZ
England
Accountants
SHAN TAXCARE LTD
606 Limes Avenue
Chigwell
London
IG7 5NX
Nationwide Electrics Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
436
95
Creditors: amounts falling due within one year
(39,754)
(48,403)
Net current liabilities
(39,048)
(47,883)
Net liabilities
(38,189)
(46,809)
Called up share capital
1,500
1,500
Profit and loss account
(39,689)
(48,309)
Shareholders' funds
(38,189)
(46,809)
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 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 4 July 2025 and were signed on its behalf by
Mr Mohammad Hossain
Director
Company Registration No. 11656335
Nationwide Electrics Ltd
Notes to the Accounts
for the year ended 30 November 2024
Nationwide Electrics Ltd is a private company, limited by shares, registered in England and Wales, registration number 11656335. The registered office is 53 Brook Road, Newbury Park, Ilford, Essex, IG2 7EZ, 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.
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:
Fixtures & fittings
20% on RBM
Computer equipment
25% on SLM
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
2,450
220
2,670
At 30 November 2024
2,450
220
2,670
At 1 December 2023
1,447
149
1,596
Charge for the year
201
14
215
At 30 November 2024
1,648
163
1,811
At 30 November 2024
802
57
859
At 30 November 2023
1,003
71
1,074
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
39,320
48,190
Nationwide Electrics Ltd
Notes to the Accounts
for the year ended 30 November 2024
Allotted, called up and fully paid:
1,500 Ordinary shares of £1 each
1,500
1,500
At the balance sheet date, the director Mr Mohammad Hossain owns 100% shares each within the company.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).