Company Registration No. 06578642 (England and Wales)
Mealey Electrical Contractors Limited
Unaudited accounts
for the year ended 31 March 2025
Mealey Electrical Contractors Limited
Unaudited accounts
Contents
Mealey Electrical Contractors Limited
Company Information
for the year ended 31 March 2025
Company Number
06578642 (England and Wales)
Registered Office
Unit 79, Waterside Road
Hamilton Industrial Estate, Hamilton
Leicester
LE5 1TL
Mealey Electrical Contractors Limited
Statement of financial position
as at 31 March 2025
Tangible assets
342,299
382,836
Cash at bank and in hand
248,882
58,377
Creditors: amounts falling due within one year
(411,559)
(147,599)
Net current assets
589,503
479,702
Total assets less current liabilities
931,802
862,538
Provisions for liabilities
Deferred tax
(10,615)
(18,526)
Net assets
921,187
844,012
Called up share capital
100
100
Profit and loss account
921,087
843,912
Shareholders' funds
921,187
844,012
For the year ending 31 March 2025 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 11 June 2025 and were signed on its behalf by
Patrick Mealey
Director
Company Registration No. 06578642
Mealey Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2025
Mealey Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 06578642. The registered office is Unit 79, Waterside Road, Hamilton Industrial Estate, Hamilton, Leicester, LE5 1TL.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Mealey Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
286,431
75,402
203,435
565,268
Disposals
-
-
(58,950)
(58,950)
At 31 March 2025
286,431
77,837
144,485
508,753
At 1 April 2024
-
46,975
135,457
182,432
Charge for the year
-
7,715
10,906
18,621
On disposals
-
-
(34,599)
(34,599)
At 31 March 2025
-
54,690
111,764
166,454
At 31 March 2025
286,431
23,147
32,721
342,299
At 31 March 2024
286,431
28,427
67,978
382,836
Amounts falling due within one year
Trade debtors
208,467
184,244
Amounts due from group undertakings etc.
124,897
270,733
Accrued income and prepayments
262,316
2,618
Other debtors
77,876
79,189
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Creditors: amounts falling due within one year
2025
2024
Trade creditors
361,640
127,013
Amounts owed to group undertakings and other participating interests
5,404
-
Taxes and social security
25,920
11,442
Other creditors
15,845
6,519
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Average number of employees
During the year the average number of employees was 15 (2024: 15).