REGISTERED NUMBER: 11904968 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th June 2024

for

Myrah Electrical Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

Mr Michael Robert Allen

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

REGISTERED NUMBER:

11904968 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

45,973

46,307

CURRENT ASSETS

Stocks

10,000

10,000

Debtors

5

264,712

103,013

Cash at bank and in hand

8,681

61,891

283,393

174,904

CREDITORS

Amounts falling due within one year

6

592,191

428,587

NET CURRENT LIABILITIES

(308,798

)

(253,683

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(262,825

)

(207,376

)

CREDITORS

Amounts falling due after more than one year

7

(17,000

)

(49,327

)

PROVISIONS FOR LIABILITIES

(2,688

)

(8,798

)

NET LIABILITIES

(282,513

)

(265,501

)

CAPITAL AND RESERVES

Called up share capital

8

101

101

Retained earnings

9

(282,614

)

(265,602

)

SHAREHOLDERS' FUNDS

(282,513

)

(265,501

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 3rd October 2025 and were signed by:

Mr Michael Robert Allen - Director

1.	STATUTORY INFORMATION

Myrah Electrical Limited 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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% 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.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

Stock

The stock held at the year end is valued at the costs incurred.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st July 2023

4,500

70,251

1,173

75,924

Additions

-

33,860

-

33,860

Disposals

(4,500

)

(44,724

)

-

(49,224

)

At 30th June 2024

-

59,387

1,173

60,560

DEPRECIATION

At 1st July 2023

3,030

26,359

228

29,617

Charge for year

367

11,679

391

12,437

Eliminated on disposal

(3,397

)

(24,070

)

-

(27,467

)

At 30th June 2024

-

13,968

619

14,587

NET BOOK VALUE

At 30th June 2024

-

45,419

554

45,973

At 30th June 2023

1,470

43,892

945

46,307

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.24

30.6.23

£

£

Trade debtors

162,271

99,798

VAT

-

3,215

Accrued income

102,441

-

264,712

103,013

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.24

30.6.23

£

£

Other loans

10,000

10,000

Trade creditors

17,242

94,809

Tax

4,885

810

VAT

5,146

-

Other creditors

8,624

90,570

Directors' current accounts

544,794

232,398

Accrued expenses

1,500

-

592,191

428,587

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.24

30.6.23

£

£

Other loans - 1-2 years

10,000

10,000

Other loans - 2-5 years

7,000

13,333

Hire purchase contracts

-

25,994

17,000

49,327

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.6.24

30.6.23

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary B

£1

1

1

101

101

9.

RESERVES

Retained

earnings

£

At 1st July 2023

(265,602

)

Deficit for the year

(17,012

)

At 30th June 2024

(282,614

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Myrah Electrical Limited for the year ended 30th June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Myrah Electrical Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Myrah Electrical Limited and state those matters that we have agreed to state to the director of Myrah Electrical Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Myrah Electrical Limited and its director for our work or for this report.

It is your duty to ensure that Myrah Electrical Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Myrah Electrical Limited. You consider that Myrah Electrical Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Myrah Electrical Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

3rd October 2025