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Company Registration No. 12842287 (England and Wales)
Sam's Electrical Services Wolverhampton LTD Unaudited accounts for the year ended 31 August 2024
Sam's Electrical Services Wolverhampton LTD Unaudited accounts Contents
Page
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Sam's Electrical Services Wolverhampton LTD Company Information for the year ended 31 August 2024
Director
Sudager Singh
Company Number
12842287 (England and Wales)
Registered Office
LINDUM VICTORIA ROAD FALLINGS PARK WOLVERHAMPTON WV10 0NG ENGLAND
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Sam's Electrical Services Wolverhampton LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,831 
2,338 
Current assets
Cash at bank and in hand
6,521 
7,173 
Creditors: amounts falling due within one year
(11,185)
(10,422)
Net current liabilities
(4,664)
(3,249)
Net liabilities
(2,833)
(911)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,933)
(1,011)
Shareholders' funds
(2,833)
(911)
For the year ending 31 August 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 21 March 2025 and were signed on its behalf by
Sudager Singh Director Company Registration No. 12842287
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Sam's Electrical Services Wolverhampton LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Sam's Electrical Services Wolverhampton LTD is a private company, limited by shares, registered in England and Wales, registration number 12842287. The registered office is LINDUM VICTORIA ROAD, FALLINGS PARK, WOLVERHAMPTON, WV10 0NG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Reducing balance
Motor vehicles
25% Reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
3,000 
1,900 
4,900 
At 31 August 2024
3,000 
1,900 
4,900 
Depreciation
At 1 September 2023
1,464 
1,098 
2,562 
Charge for the year
307 
200 
507 
At 31 August 2024
1,771 
1,298 
3,069 
Net book value
At 31 August 2024
1,229 
602 
1,831 
At 31 August 2023
1,536 
802 
2,338 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
10,825 
10,062 
Accruals
360 
360 
11,185 
10,422 
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Sam's Electrical Services Wolverhampton LTD Notes to the Accounts for the year ended 31 August 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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