Company Registration No. 06650179 (England and Wales)
N & M Electrical Limited
Unaudited accounts
for the year ended 31 July 2026
N & M Electrical Limited
Unaudited accounts
Contents
N & M Electrical Limited
Company Information
for the year ended 31 July 2026
Director
Mr Matthew Phillips
Company Number
06650179 (England and Wales)
Registered Office
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
ENGLAND
Accountants
JENKIN IRVING PHILLIPS LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
N & M Electrical Limited
Statement of financial position
as at 31 July 2026
Tangible assets
51,875
37,898
Cash at bank and in hand
248,129
236,687
Creditors: amounts falling due within one year
(130,626)
(133,895)
Net current assets
309,907
356,992
Total assets less current liabilities
361,782
394,890
Provisions for liabilities
Deferred tax
(9,858)
(7,202)
Net assets
351,924
387,688
Called up share capital
2
2
Profit and loss account
351,922
387,686
Shareholders' funds
351,924
387,688
For the year ending 31 July 2026 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 23 September 2026 and were signed on its behalf by
Mr Matthew Phillips
Director
Company Registration No. 06650179
N & M Electrical Limited
Notes to the Accounts
for the year ended 31 July 2026
N & M Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 06650179. The registered office is POST OFFICE VAULTS, 4 MARKET PLACE, WANTAGE, OXFORDSHIRE, OX12 8AT, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% straight line
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
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.
N & M Electrical Limited
Notes to the Accounts
for the year ended 31 July 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2025
167
57,137
6,932
64,236
Additions
-
23,938
1,098
25,036
At 31 July 2026
167
81,075
8,030
89,272
At 1 August 2025
167
20,427
5,744
26,338
Charge for the year
-
10,674
385
11,059
At 31 July 2026
167
31,101
6,129
37,397
At 31 July 2026
-
49,974
1,901
51,875
At 31 July 2025
-
36,710
1,188
37,898
Amounts falling due within one year
Trade debtors
155,395
201,628
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
98,034
87,388
Taxes and social security
13,503
45,192
Loans from directors
24
1,315
7
Average number of employees
During the year the average number of employees was 4 (2025: 4).