1 September 2024 false Taxfiler 2024.6 04520268business:PrivateLimitedCompanyLtd2024-09-012025-08-31 045202682024-08-31 045202682024-09-012025-08-31 04520268business:AuditExemptWithAccountantsReport2024-09-012025-08-31 04520268business:FilletedAccounts2024-09-012025-08-31 045202682025-08-31 04520268business:Director12024-09-012025-08-31 04520268business:Director22024-09-012025-08-31 04520268business:CompanySecretary12024-09-012025-08-31 04520268business:RegisteredOffice2024-09-012025-08-31 045202682024-08-31 04520268core:WithinOneYear2025-08-31 04520268core:WithinOneYear2024-08-31 04520268core:AfterOneYear2025-08-31 04520268core:AfterOneYear2024-08-31 04520268core:ShareCapitalcore:PreviouslyStatedAmount2025-08-31 04520268core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 04520268core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-08-31 04520268core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 04520268core:PreviouslyStatedAmount2025-08-31 04520268core:PreviouslyStatedAmount2024-08-31 04520268business:SmallEntities2024-09-012025-08-31 04520268countries:EnglandWales2024-09-012025-08-31 04520268core:PlantMachinery2024-09-012025-08-31 04520268core:MotorVehicles2024-09-012025-08-31 04520268core:FurnitureFittings2024-09-012025-08-31 04520268core:ComputerEquipment2024-09-012025-08-31 04520268core:PlantMachinery2024-08-31 04520268core:FurnitureFittings2024-08-31 04520268core:ComputerEquipment2024-08-31 04520268core:PlantMachinery2025-08-31 04520268core:FurnitureFittings2025-08-31 04520268core:ComputerEquipment2025-08-31 04520268core:WithinOneYear2024-09-012025-08-31 04520268business:Director122024-09-012025-08-31 04520268business:Director122024-08-31 04520268business:Director122025-08-31 04520268business:Director212024-09-012025-08-31 04520268business:Director212024-08-31 04520268business:Director212025-08-31 045202682023-09-012024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 04520268 (England and Wales)
Multiple Electrical Engineering Services Limited Unaudited accounts for the year ended 31 August 2025
Multiple Electrical Engineering Services Limited Unaudited accounts Contents
Page
- 2 -
Multiple Electrical Engineering Services Limited Company Information for the year ended 31 August 2025
Directors
Mr Peter Boulton Mr Alcon Francis
Secretary
Mr Alcon Francis
Company Number
04520268 (England and Wales)
Registered Office
UNIT 4 CROSSHATCH HOUSE CROSS ROAD TADWORTH SURREY KT20 5SR ENGLAND
Accountants
Hybrid Premium LTD 2-4 Stoneleigh Park Road Stoneleigh Epsom Surrey KT19 0QT
- 3 -
Multiple Electrical Engineering Services Limited Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
186,747 
100,120 
Current assets
Debtors
289,084 
170,487 
Cash at bank and in hand
169,392 
120,062 
458,476 
290,549 
Creditors: amounts falling due within one year
(501,299)
(244,874)
Net current (liabilities)/assets
(42,823)
45,675 
Total assets less current liabilities
143,924 
145,795 
Creditors: amounts falling due after more than one year
(24,469)
(14,348)
Provisions for liabilities
Deferred tax
(59,015)
(25,030)
Net assets
60,440 
106,417 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
60,437 
106,414 
Shareholders' funds
60,440 
106,417 
For the year ending 31 August 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2026 and were signed on its behalf by
Mr Peter Boulton Director Company Registration No. 04520268
- 4 -
Multiple Electrical Engineering Services Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Multiple Electrical Engineering Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04520268. The registered office is UNIT 4 CROSSHATCH HOUSE, CROSS ROAD, TADWORTH, SURREY, KT20 5SR, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% on the reducing balance
Motor vehicles
25% on the reducing balance
Fixtures & fittings
3 years straight line and 25% on the reducing balance
Computer equipment
3 and 4 years Straight Line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Finance leases and hire purchase Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is recognised as a liability. The interest element of the rental obligations is charged to the profit and loss account over the period of the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 5 -
Multiple Electrical Engineering Services Limited Notes to the Accounts for the year ended 31 August 2025
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2024
152,913 
2,072 
2,251 
157,236 
Additions
118,890 
644 
1,405 
120,939 
At 31 August 2025
271,803 
2,716 
3,656 
278,175 
Depreciation
At 1 September 2024
56,300 
339 
477 
57,116 
Charge for the year
32,853 
707 
752 
34,312 
At 31 August 2025
89,153 
1,046 
1,229 
91,428 
Net book value
At 31 August 2025
182,650 
1,670 
2,427 
186,747 
At 31 August 2024
96,613 
1,733 
1,774 
100,120 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
208,848 
160,315 
Accrued income and prepayments
79,786 
1,804 
Other debtors
450 
- 
289,084 
162,119 
Amounts falling due after more than one year
Other debtors
- 
8,368 
- 6 -
Multiple Electrical Engineering Services Limited Notes to the Accounts for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
23,011 
24,070 
VAT
49,726 
46,702 
Obligations under finance leases and hire purchase contracts
5,012 
- 
Trade creditors
337,530 
130,150 
Taxes and social security
56,042 
39,110 
Other creditors
3,686 
1,971 
Loans from directors
23,818 
2,240 
Accruals
2,474 
631 
501,299 
244,874 
The company received a £50,000 Bounce Back Loan in 2020, repayable over 72 months at a fixed interest rate of 2.5% per annum. The balance outstanding at the year end was £14,904.70 (2024: £25,130.60). The company entered into a hire purchase agreement during the year in respect of a motor vehicle. The outstanding balance at the year-end was £25,000, of which £5,012 is repayable within one year and £19,988 after more than one year. The agreement is repayable over 60 months.
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,481 
- 
Obligations under finance leases and hire purchase contracts
19,988 
- 
Loans from directors
- 
14,348 
24,469 
14,348 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director 2
(2,862)
80,495 
97,430 
(19,797)
Director 1
625 
44,069 
48,715 
(4,021)
(2,237)
124,564 
146,145 
(23,818)
The directors' loan accounts represent amounts due to and from the directors during the year. At the balance sheet date the balances were in credit and represent amounts owed by the company to the directors. The balances are unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 21 (2024: 21).
- 7 -