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REGISTERED NUMBER: 11006073 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Scope Electrical Contractors Ltd

Scope Electrical Contractors Ltd (Registered number: 11006073)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Scope Electrical Contractors Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: C Parkin
A Sutcliffe





REGISTERED OFFICE: Penmore House
Hasland Road
Hasland
Chesterfield
Derbyshire
S41 0SJ





REGISTERED NUMBER: 11006073 (England and Wales)





ACCOUNTANTS: Allround Accountancy Services Limited
Penmore House
Hasland Road
Hasland
Chesterfield
Derbyshire
S41 0SJ

Scope Electrical Contractors Ltd (Registered number: 11006073)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 54,619 24,179

CURRENT ASSETS
Debtors 5 38,644 21,788
Cash at bank and in hand 25,154 27,542
63,798 49,330
CREDITORS
Amounts falling due within one year 6 50,138 31,052
NET CURRENT ASSETS 13,660 18,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,279

42,457

CREDITORS
Amounts falling due after more than one
year

7

29,040

36,120
NET ASSETS 39,239 6,337

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,139 6,237
39,239 6,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Scope Electrical Contractors Ltd (Registered number: 11006073)

Balance Sheet - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:




C Parkin - Director



A Sutcliffe - Director


Scope Electrical Contractors Ltd (Registered number: 11006073)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Scope Electrical Contractors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

Scope Electrical Contractors Ltd (Registered number: 11006073)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 67,934
Additions 38,491
At 31 October 2024 106,425
DEPRECIATION
At 1 November 2023 43,755
Charge for year 8,051
At 31 October 2024 51,806
NET BOOK VALUE
At 31 October 2024 54,619
At 31 October 2023 24,179

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 38,491
At 31 October 2024 38,491
DEPRECIATION
Charge for year 2,006
At 31 October 2024 2,006
NET BOOK VALUE
At 31 October 2024 36,485

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,931 4,179
Other debtors 25,713 17,609
38,644 21,788

Scope Electrical Contractors Ltd (Registered number: 11006073)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,829 9,809
Hire purchase contracts 1,696 -
Taxation and social security 19,546 15,602
Other creditors 16,067 5,641
50,138 31,052

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 7,000 17,100
Hire purchase contracts 3,020 -
Other creditors 19,020 19,020
29,040 36,120

8. RELATED PARTY DISCLOSURES

The amount due to the directors at the balance sheet date was £15,092 (2023:£4,715).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is its board of directors.