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Company Registration No. 07829990 (England and Wales)
BLAKE ELECTRICS LIMITED Unaudited accounts for the year ended 30 November 2021
BLAKE ELECTRICS LIMITED Unaudited accounts Contents
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BLAKE ELECTRICS LIMITED Company Information for the year ended 30 November 2021
Directors
Justin Blackwood Fallan Kelly
Company Number
07829990 (England and Wales)
Registered Office
ATLANTIC HOUSE THE TYE EAST HANNINGFIELD CHELMSFORD CM3 8AA ENGLAND
Accountants
DTAC Solutions Limited 20-22 Wenlock Road London N1 7GU
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BLAKE ELECTRICS LIMITED Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
433 
543 
Current assets
Debtors
70,370 
61,176 
Cash at bank and in hand
- 
7,112 
70,370 
68,288 
Creditors: amounts falling due within one year
(31,091)
(43,698)
Net current assets
39,279 
24,590 
Total assets less current liabilities
39,712 
25,133 
Creditors: amounts falling due after more than one year
(20,000)
(20,000)
Net assets
19,712 
5,133 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
19,612 
5,033 
Shareholders' funds
19,712 
5,133 
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 directors acknowledge their 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 of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by
Justin Blackwood Director Company Registration No. 07829990
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BLAKE ELECTRICS LIMITED Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
BLAKE ELECTRICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07829990. The registered office is ATLANTIC HOUSE THE TYE, EAST HANNINGFIELD, CHELMSFORD, CM3 8AA, 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.
Turnover
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% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2020
3,001 
800 
3,801 
At 30 November 2021
3,001 
800 
3,801 
Depreciation
At 1 December 2020
2,700 
558 
3,258 
Charge for the year
75 
35 
110 
At 30 November 2021
2,775 
593 
3,368 
Net book value
At 30 November 2021
226 
207 
433 
At 30 November 2020
301 
242 
543 
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BLAKE ELECTRICS LIMITED Notes to the Accounts for the year ended 30 November 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
32,789 
30,934 
Other debtors
37,581 
30,242 
70,370 
61,176 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
1,244 
- 
VAT
9,309 
20,670 
Taxes and social security
20,425 
20,336 
Loans from directors
113 
- 
Accruals
- 
2,692 
31,091 
43,698 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
20,000 
20,000 
8
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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