Registration number: 04961826

Meehan Electrical Engineering Training & Safety Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 4

Meehan Electrical Engineering Training & Safety Limited

(Registration number: 04961826)
Statement of Financial Position as at 30 November 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	661	939
Current assets
Debtors	5	6,891	4,440
Cash at bank and in hand		19,793	19,981
		26,684	24,421
Creditors: Amounts falling due within one year	6	(5,277)	(18,013)
Net current assets		21,407	6,408
Net assets		22,068	7,347
Capital and reserves
Called up share capital		1	1
Retained earnings		22,067	7,346
Shareholders' funds		22,068	7,347

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 October 2025
 

......................................... K V Meehan Director

Meehan Electrical Engineering Training & Safety Limited

Notes to the Unaudited Financial Statements for the Period from 30 November 2023 to 30 November 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
40 Stamford Avenue
Oldfield Brow
Altrincham
Cheshire
WA14 4JH
United Kingdom

These financial statements were authorised for issue by the director on 3 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are credited to the profit and loss account on the accruals basis.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Meehan Electrical Engineering Training & Safety Limited

Notes to the Unaudited Financial Statements for the Period from 30 November 2023 to 30 November 2024

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Office equipment	33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2023 - 1).

Meehan Electrical Engineering Training & Safety Limited

Notes to the Unaudited Financial Statements for the Period from 30 November 2023 to 30 November 2024

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 30 November 2023	14,686	14,686
At 30 November 2024	14,686	14,686
Depreciation
At 30 November 2023	13,747	13,747
Charge for the period	278	278
At 30 November 2024	14,025	14,025
Carrying amount
At 30 November 2024	661	661
At 29 November 2023	939	939

5

Debtors

Current	2024 £	2023 £
Trade debtors	4,945	3,300
Prepayments	1,130	-
Other debtors	816	1,140
	6,891	4,440

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	1,961	-
Taxation and social security	-	1,528
Accruals and deferred income	2,069	3,238
Other creditors	1,247	13,247
	5,277	18,013