1 December 2020 false No description of principal activity Taxfiler 2022.8.3 05130997business:PrivateLimitedCompanyLtd2020-12-012021-11-30 051309972020-11-30 051309972020-12-012021-11-30 05130997business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 05130997business:FullAccounts2020-12-012021-11-30 051309972021-11-30 05130997business:Director12020-12-012021-11-30 05130997business:RegisteredOffice2020-12-012021-11-30 051309972020-11-30 05130997core:WithinOneYear2021-11-30 05130997core:WithinOneYear2020-11-30 05130997core:AfterOneYear2021-11-30 05130997core:AfterOneYear2020-11-30 05130997core:ShareCapital2021-11-30 05130997core:ShareCapital2020-11-30 05130997core:RetainedEarningsAccumulatedLosses2021-11-30 05130997core:RetainedEarningsAccumulatedLosses2020-11-30 05130997business:SmallEntities2020-12-012021-11-30 05130997countries:EnglandWales2020-12-012021-11-30 05130997core:PlantMachinery2020-12-012021-11-30 05130997core:PlantMachinery2020-11-30 05130997core:PlantMachinery2021-11-30 051309972019-12-012020-11-30 iso4217:GBP xbrli:pure
Company Registration No. 05130997 (England and Wales)
Quest Electrical Limited Unaudited accounts for the year ended 30 November 2021
Quest Electrical Limited Unaudited accounts Contents
Page
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Quest Electrical Limited Company Information for the year ended 30 November 2021
Director
R Hawkey
Company Number
05130997 (England and Wales)
Registered Office
72 High Street Oakham LE15 6AS England
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Quest Electrical Limited Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
21,868 
19,604 
Creditors: amounts falling due within one year
(6,009)
(4,191)
Net current assets
15,859 
15,413 
Total assets less current liabilities
15,859 
15,413 
Creditors: amounts falling due after more than one year
(15,682)
(17,500)
Net assets/(liabilities)
177 
(2,087)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
176 
(2,088)
Shareholders' funds
177 
(2,087)
For the year ending 30 November 2021 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 10 May 2022 and were signed on its behalf by
R Hawkey Director Company Registration No. 05130997
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Quest Electrical Limited Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
Quest Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 05130997. The registered office is 72 High Street, Oakham, LE15 6AS, 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.
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
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2020
25,564 
At 30 November 2021
25,564 
Depreciation
At 1 December 2020
25,564 
At 30 November 2021
25,564 
Net book value
At 30 November 2021
- 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
5,197 
3,784 
Loans from directors
272 
407 
Accruals
540 
- 
6,009 
4,191 
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Quest Electrical Limited Notes to the Accounts for the year ended 30 November 2021
6
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
15,682 
17,500 
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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