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REGISTERED NUMBER: 08352617 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2022

for

P S BELL ELECTRICAL CONTRACTOR LIMITED

P S BELL ELECTRICAL CONTRACTOR LIMITED (REGISTERED NUMBER: 08352617)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P S BELL ELECTRICAL CONTRACTOR LIMITED

Company Information
for the Year Ended 31 January 2022







DIRECTOR: P S Bell





REGISTERED OFFICE: Settle Town Hall
Market Place
Settle
North Yorkshire
BD24 9EJ





REGISTERED NUMBER: 08352617 (England and Wales)





ACCOUNTANTS: Armstrong Watson LLP
Chartered Accountants
The Town Hall
Market Square
Settle
North Yorkshire
BD24 9EJ

P S BELL ELECTRICAL CONTRACTOR LIMITED (REGISTERED NUMBER: 08352617)

Balance Sheet
31 January 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 172 221

CURRENT ASSETS
Debtors 5 196 196
Cash at bank 106,773 89,158
106,969 89,354
CREDITORS
Amounts falling due within one year 6 19,122 9,808
NET CURRENT ASSETS 87,847 79,546
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,019

79,767

PROVISIONS FOR LIABILITIES - 42
NET ASSETS 88,019 79,725

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,919 79,625
SHAREHOLDERS' FUNDS 88,019 79,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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 10 August 2022 and were signed by:




P S Bell - Director


P S BELL ELECTRICAL CONTRACTOR LIMITED (REGISTERED NUMBER: 08352617)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

P S Bell Electrical Contractor 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 - 20% on reducing balance
Computer equipment - 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.

Government grants
Grants are accounted under the accruals model. Grants relating to expenditure on tangible fixed assets are credited to the profit and loss account at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in profit or loss in the same period as the related expenditure. Grants of a revenue nature for which there are no future performance-related conditions and costs are recognised as income in the period in which they become receivable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

P S BELL ELECTRICAL CONTRACTOR LIMITED (REGISTERED NUMBER: 08352617)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2021
and 31 January 2022 676 270 946
DEPRECIATION
At 1 February 2021 491 234 725
Charge for year 37 12 49
At 31 January 2022 528 246 774
NET BOOK VALUE
At 31 January 2022 148 24 172
At 31 January 2021 185 36 221

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 196 196

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 7,577 5,764
Other creditors 11,545 4,044
19,122 9,808

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2022 and 31 January 2021:

2022 2021
£    £   
P S Bell
Balance outstanding at start of year - 822
Amounts repaid - (822 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

8. RELATED PARTY DISCLOSURES

The company owed the director £6,392 (2021: £2,186) at the balance sheet date.