Company Registration No. 10638497 (England and Wales)
G Mulholland Electrical Services Ltd.
Unaudited accounts
for the year ended 29 February 2020
G Mulholland Electrical Services Ltd.
Unaudited accounts
Contents
G Mulholland Electrical Services Ltd.
Company Information
for the year ended 29 February 2020
Company Number
10638497 (England and Wales)
Registered Office
53 PARK VIEW AVENUE PARK VIEW AVENUE
LOW FELL
GATESHEAD
TYNE AND WEAR
NE9 5EN
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
G Mulholland Electrical Services Ltd.
Statement of financial position
as at
29 February 2020
Cash at bank and in hand
917
1,931
Creditors: amounts falling due within one year
(5,038)
(6,183)
Net current (liabilities)/assets
(275)
3,283
Called up share capital
10
10
Profit and loss account
75
3,273
Shareholders' funds
85
3,283
For the year ending 29 February 2020 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.
Approved by the Board on 18 May 2020.
G Mulholland
Director
Company Registration No. 10638497
G Mulholland Electrical Services Ltd.
Notes to the Accounts
for the year ended 29 February 2020
G Mulholland Electrical Services Ltd. is a private company, limited by shares, registered in England and Wales, registration number 10638497. The registered office is 53 PARK VIEW AVENUE PARK VIEW AVENUE, LOW FELL, GATESHEAD, TYNE AND WEAR, NE9 5EN, 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.
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:
Computer equipment
33% straight line
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
Other debtors
3,846
7,535
G Mulholland Electrical Services Ltd.
Notes to the Accounts
for the year ended 29 February 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
3,969
6,030
Loans from directors
-
28
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
(28)
5,235
2,265
2,942
8
Average number of employees
During the year the average number of employees was 0 (2019: 1).