Relate AccountsProduction v2.5.2 v2.5.2 2020-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is electrical contracting. 19 August 2022 0 0 NI071036 2021-11-30 NI071036 2020-11-30 NI071036 2019-11-30 NI071036 2020-12-01 2021-11-30 NI071036 2019-12-01 2020-11-30 NI071036 uk-bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 NI071036 uk-bus:SmallCompaniesRegimeForAccounts 2020-12-01 2021-11-30 NI071036 uk-bus:AbridgedAccounts 2020-12-01 2021-11-30 NI071036 uk-core:ShareCapital 2021-11-30 NI071036 uk-core:ShareCapital 2020-11-30 NI071036 uk-core:RetainedEarningsAccumulatedLosses 2021-11-30 NI071036 uk-core:RetainedEarningsAccumulatedLosses 2020-11-30 NI071036 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-11-30 NI071036 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2020-11-30 NI071036 uk-bus:FRS102 2020-12-01 2021-11-30 NI071036 uk-core:PlantMachinery 2020-12-01 2021-11-30 NI071036 uk-core:FurnitureFittingsToolsEquipment 2020-12-01 2021-11-30 NI071036 uk-core:MotorVehicles 2020-12-01 2021-11-30 NI071036 2020-12-01 2021-11-30 NI071036 uk-bus:Director1 2020-12-01 2021-11-30 NI071036 uk-bus:AuditExempt-NoAccountantsReport 2020-12-01 2021-11-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: NI071036
 
 
OPR Electrical Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 November 2021
OPR Electrical Ltd
Company Registration Number: NI071036
ABRIDGED BALANCE SHEET
as at 30 November 2021

2021 2020
Notes £ £
 
Fixed Assets
Tangible assets 4 1,539 5,769
───────── ─────────
 
Current Assets
Stocks 3,741 9,821
Debtors 8,363 9,661
Cash and cash equivalents 3,388 5,847
───────── ─────────
15,492 25,329
───────── ─────────
Creditors: amounts falling due within one year (16,953) (24,101)
───────── ─────────
Net Current (Liabilities)/Assets (1,461) 1,228
───────── ─────────
Total Assets less Current Liabilities 78 6,997
═════════ ═════════
 
Capital and Reserves
Called up share capital 1 1
Retained earnings 77 6,996
───────── ─────────
Equity attributable to owners of the company 78 6,997
═════════ ═════════
 
The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
           
For the financial year ended 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 19 August 2022
           
________________________________          
Plunkett Rafferty          
Director          
           



OPR Electrical Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 November 2021

   
1. General Information
 
OPR Electrical Ltd is a company limited by shares incorporated in Northern Ireland.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 November 2021 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Plant and machinery - 15% Straight line
  Fixtures, fittings and equipment - 25% Straight Line
  Motor vehicles - 25% Straight Line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Stocks
Stocks are valued at the lower of cost and net realisable value.  Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items.  Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Government grants
Capital grants received and receivable are treated as deferred income and amortised to the Profit and Loss Account annually over the useful economic life of the asset to which it relates. Revenue grants are credited to the Profit and Loss Account when received.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 3, (2020 - 4).
           
4. Tangible assets
  Plant and Fixtures, Motor Total
  machinery fittings and vehicles  
    equipment    
  £ £ £ £
Cost
At 1 December 2020 2,757 1,192 20,338 24,287
Additions - 1,198 - 1,198
  ───────── ───────── ───────── ─────────
At 30 November 2021 2,757 2,390 20,338 25,485
  ───────── ───────── ───────── ─────────
Depreciation
At 1 December 2020 2,305 958 15,255 18,518
Charge for the financial year 124 221 5,083 5,428
  ───────── ───────── ───────── ─────────
At 30 November 2021 2,429 1,179 20,338 23,946
  ───────── ───────── ───────── ─────────
Net book value
At 30 November 2021 328 1,211 - 1,539
  ═════════ ═════════ ═════════ ═════════
At 30 November 2020 452 234 5,083 5,769
  ═════════ ═════════ ═════════ ═════════