| STEPHEN MCGUIGAN ELECTRICAL LIMITED |
| Registered Number:10488396 |
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2024
STEPHEN MCGUIGAN ELECTRICAL LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
STEPHEN MCGUIGAN ELECTRICAL LIMITED
Statement of Financial Position
2023
2024
| Property, plant and equipment |
4,213
5,266
2
4,213
5,266
| Trade and other receivables |
7,175
573
3
32
| Cash and cash equivalents |
-
573
7,207
| Trade and other payables: amounts falling due within one |
| year |
(4,888)
(4,967)
4
2,319
(4,394)
Net current liabilities
| Total assets less current liabilities |
(181)
7,585
| Trade and other payables: amounts falling due after more |
| than one year |
(9,947)
(2,703)
5
(2,884)
Net liabilities
(2,362)
1
1
(2,885)
(2,363)
(2,884)
(2,362)
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 24 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 30 November 2024
STEPHEN MCGUIGAN ELECTRICAL LIMITED
Notes to the Financial Statements
Statutory Information
| STEPHEN MCGUIGAN ELECTRICAL LIMITED is a private limited company, limited by shares, domiciled in England |
| and Wales, registration number 10488396. |
9 WIBSEY AVENUE
MIDDLESBROUGH
TS3 0BJ
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Tools and equipment
Computer Equipment
| 2. Property, plant and equipment |
10,449
499
9,950
9,950
499
10,449
| Provision for depreciation and impairment |
5,183
244
4,939
Charge for year
1,053
51
1,002
6,236
295
5,941
4,009
204
4,213
5,011
255
5,266
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For the year ended 30 November 2024
STEPHEN MCGUIGAN ELECTRICAL LIMITED
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2023
2024
382
-
| Amounts owed by directors |
-
7,175
191
-
7,175
573
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
4,127
4,500
-
388
| Accruals and deferred income |
250
-
590
-
4,967
4,888
| 5. Trade and other payables: amounts falling due after more than one year |
2023
2024
2,703
9,947
| 6. Average number of persons employed |
During the year the average number of employees was 0
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