POWER ELECTRICAL CONNECTION LTD

Company Registration Number:
13540281 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2022

Period of accounts

Start date: 30 July 2021

End date: 31 July 2022

POWER ELECTRICAL CONNECTION LTD

Contents of the Financial Statements

for the Period Ended 31 July 2022

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

POWER ELECTRICAL CONNECTION LTD

Company Information

for the Period Ended 31 July 2022




Director: CRISTIAN-EUGEN PATRU
Registered office: 114
Chapman Crescent
Harrow
England
HA3 0TF
Company Registration Number: 13540281 (England and Wales)

POWER ELECTRICAL CONNECTION LTD

Directors' Report Period Ended 31 July 2022

The directors present their report with the financial statements of the company for the period ended 31 July 2022

Principal Activities

During the period the main principal activity was electrical installation.

Directors

The director(s) shown below were appointed to the company during the period
CRISTIAN-EUGEN PATRU
30 July 2021

This report was approved by the board of directors on 31 August 2022
And Signed On Behalf Of The Board By:

Name: CRISTIAN-EUGEN PATRU
Status: Director

POWER ELECTRICAL CONNECTION LTD

Balance sheet

As at 31 July 2022


Notes

2022
£
Fixed assets
Tangible assets: 5 920
Total fixed assets: 920
Current assets
Cash at bank and in hand: 4,373
Total current assets: 4,373
Creditors: amounts falling due within one year: 6 ( 1,750 )
Net current assets (liabilities): 2,623
Total assets less current liabilities: 3,543
Total net assets (liabilities): 3,543

The notes form part of these financial statements

POWER ELECTRICAL CONNECTION LTD

Balance sheet continued

As at 31 July 2022


Notes

2022
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 3,542
Shareholders funds: 3,543

For the year ending 31 July 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 August 2022
And Signed On Behalf Of The Board By:

Name: CRISTIAN-EUGEN PATRU
Status: Director

The notes form part of these financial statements

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover consists of all revenue from principal activities less any discounts and VAT,

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated at a rate of 20% per annum on reducing balance basis.
    Plants & Machinery 20% pa on reducing balance basis
    Office Equipment 20% pa on reducing balance basis
    Fixtures & Fittings 20% pa on reducing balance basis

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 2. Employees


    2022
    Average number of employees during the period 2

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

  • 3. Off balance sheet disclosure

    No

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

4. Dividends


2022
£
Dividends paid 3,542

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

5. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Total
Cost £ £ £ £
Additions 540 250 360 1,150
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 July 2022 540 250 360 1,150
Depreciation
Charge for year 108 50 72 230
On disposals - - - -
Other adjustments - - - -
At 31 July 2022 108 50 72 230
Net book value
At 31 July 2022 432 200 288 920

POWER ELECTRICAL CONNECTION LTD

Notes to the Financial Statements

for the Period Ended 31 July 2022

6.Creditors: amounts falling due within one year note


2022
£
Taxation and social security 831
Other creditors 919
Total 1,750