Company Registration No. 08236597 (England and Wales)
Begley Electrical Ltd
Unaudited accounts
for the year ended 31 October 2024
Begley Electrical Ltd
Unaudited accounts
Contents
Begley Electrical Ltd
Company Information
for the year ended 31 October 2024
Company Number
08236597 (England and Wales)
Registered Office
38 PEAR TREE GARDENS
MARKET HARBOROUGH
LEICESTERSHIRE
LE16 9QA
Accountants
Master Accounting Limited
The Stables, Ashley Court
32 Main Street, Ashley
Market Harborough
Leicestershire
LE16 8HF
Begley Electrical Ltd
Statement of financial position
as at 31 October 2024
Intangible assets
987
1,033
Tangible assets
6,545
7,123
Cash at bank and in hand
42,367
50,895
Creditors: amounts falling due within one year
(16,021)
(16,738)
Net current assets
83,211
69,395
Called up share capital
1
1
Profit and loss account
90,742
77,550
Shareholders' funds
90,743
77,551
For the year ending 31 October 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 16 July 2025 and were signed on its behalf by
Aron Begley
Director
Company Registration No. 08236597
Begley Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2024
Begley Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 08236597. The registered office is 38 PEAR TREE GARDENS, MARKET HARBOROUGH, LEICESTERSHIRE, LE16 9QA.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% - Straight line
Motor vehicles
25% - Straight line
Fixtures & fittings
20% - Straight line
Computer equipment
33% - Straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Begley Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
18,781
24,509
249
8,503
52,042
Additions
809
1,605
-
333
2,747
At 31 October 2024
19,590
26,114
249
8,836
54,789
At 1 November 2023
14,008
24,020
108
6,783
44,919
Charge for the year
1,819
361
43
1,102
3,325
At 31 October 2024
15,827
24,381
151
7,885
48,244
At 31 October 2024
3,763
1,733
98
951
6,545
At 31 October 2023
4,773
489
141
1,720
7,123
Amounts falling due within one year
Trade debtors
38,828
17,249
Other debtors
18,037
17,989
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,952
7,731
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).