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REGISTERED NUMBER: 07821834 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022

FOR

DEXTA ELECTRICAL LTD

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEXTA ELECTRICAL LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022







DIRECTOR: K Mills





REGISTERED OFFICE: Unit 8 School Farm Buildings
School Road
Langham
Colchester
Essex
CO4 5PB





REGISTERED NUMBER: 07821834 (England and Wales)





ACCOUNTANTS: Richard Sexton & Co LLP
3 Manor Road
Colchester
Essex
CO3 3LU

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

BALANCE SHEET
31 MARCH 2022

2022 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,067 69,950

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 235,639 227,021
Cash at bank 32,525 103,661
278,164 340,682
CREDITORS
Amounts falling due within one year 6 171,940 184,752
NET CURRENT ASSETS 106,224 155,930
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,291

225,880

CREDITORS
Amounts falling due after more than one
year

7

-

(8,611

)

PROVISIONS FOR LIABILITIES (8,750 ) (13,300 )
NET ASSETS 143,541 203,969

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 143,441 203,869
SHAREHOLDERS' FUNDS 143,541 203,969

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

BALANCE SHEET - continued
31 MARCH 2022


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 7 September 2022 and were signed by:





K Mills - Director


DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022

1. STATUTORY INFORMATION

Dexta Electrical Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2021 18,686 96,152 4,651 119,489
Additions 3,703 - 560 4,263
Disposals - (17,135 ) - (17,135 )
At 31 March 2022 22,389 79,017 5,211 106,617
DEPRECIATION
At 1 January 2021 8,603 37,582 3,354 49,539
Charge for period 4,307 16,050 580 20,937
Eliminated on disposal - (9,926 ) - (9,926 )
At 31 March 2022 12,910 43,706 3,934 60,550
NET BOOK VALUE
At 31 March 2022 9,479 35,311 1,277 46,067
At 31 December 2020 10,083 58,570 1,297 69,950

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2021
and 31 March 2022 79,017
DEPRECIATION
At 1 January 2021 27,656
Charge for period 16,050
At 31 March 2022 43,706
NET BOOK VALUE
At 31 March 2022 35,311
At 31 December 2020 51,361

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2020
£    £   
Trade debtors 171,782 174,633
Prepayments 63,857 52,388
235,639 227,021

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2020
£    £   
Hire purchase contracts 6,701 7,624
Trade creditors 102,144 143,047
Corporation tax 1,100 7,705
Social security and other taxes 58,192 23,616
Other creditors - 228
Directors' current accounts 653 982
Accrued expenses 3,150 1,550
171,940 184,752

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2020
£    £   
Hire purchase contracts - 8,611

8. SECURED DEBTS

The following secured debts are included within creditors:

2022 2020
£    £   
Hire purchase contracts 6,701 16,235

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2020
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2021 203,869
Deficit for the period (39,428 )
Dividends (21,000 )
At 31 March 2022 143,441

DEXTA ELECTRICAL LTD (REGISTERED NUMBER: 07821834)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2021 TO 31 MARCH 2022

11. RELATED PARTY DISCLOSURES

During the period, total dividends of £21,000 (2020 - £21,475) were paid to the director .