IRIS Accounts Production v22.1.4.3 12064881 Board of Directors 1.7.21 30.6.22 30.6.22 false true false false true false A 1.00000 B 1.00000 C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure120648812021-06-30120648812022-06-30120648812021-07-012022-06-30120648812020-06-30120648812020-07-012021-06-30120648812021-06-3012064881ns16:EnglandWales2021-07-012022-06-3012064881ns15:PoundSterling2021-07-012022-06-3012064881ns11:Director12021-07-012022-06-3012064881ns11:PrivateLimitedCompanyLtd2021-07-012022-06-3012064881ns11:SmallEntities2021-07-012022-06-3012064881ns11:AuditExempt-NoAccountantsReport2021-07-012022-06-3012064881ns11:SmallCompaniesRegimeForDirectorsReport2021-07-012022-06-3012064881ns11:SmallCompaniesRegimeForAccounts2021-07-012022-06-3012064881ns11:AbridgedAccounts2021-07-012022-06-3012064881ns11:OrdinaryShareClass12021-07-012022-06-3012064881ns11:OrdinaryShareClass22021-07-012022-06-3012064881ns11:OrdinaryShareClass32021-07-012022-06-3012064881ns11:Director22021-07-012022-06-3012064881ns11:RegisteredOffice2021-07-012022-06-3012064881ns6:CurrentFinancialInstruments2022-06-3012064881ns6:CurrentFinancialInstruments2021-06-3012064881ns6:Non-currentFinancialInstruments2022-06-3012064881ns6:Non-currentFinancialInstruments2021-06-3012064881ns6:ShareCapital2022-06-3012064881ns6:ShareCapital2021-06-3012064881ns6:RetainedEarningsAccumulatedLosses2022-06-3012064881ns6:RetainedEarningsAccumulatedLosses2021-06-3012064881ns6:MotorVehicles2021-07-012022-06-3012064881ns6:ComputerEquipment2021-07-012022-06-3012064881ns6:WithinOneYearns6:CurrentFinancialInstrumentsns6:HirePurchaseContracts2022-06-3012064881ns6:WithinOneYearns6:CurrentFinancialInstrumentsns6:HirePurchaseContracts2021-06-3012064881ns6:BetweenOneFiveYearsns6:HirePurchaseContracts2022-06-3012064881ns6:BetweenOneFiveYearsns6:HirePurchaseContracts2021-06-3012064881ns6:HirePurchaseContracts2022-06-3012064881ns6:HirePurchaseContracts2021-06-3012064881ns6:WithinOneYear2022-06-3012064881ns6:WithinOneYear2021-06-3012064881ns6:BetweenOneFiveYears2022-06-3012064881ns6:BetweenOneFiveYears2021-06-3012064881ns6:AllPeriods2022-06-3012064881ns6:AllPeriods2021-06-3012064881ns11:OrdinaryShareClass12022-06-3012064881ns11:OrdinaryShareClass22022-06-3012064881ns11:OrdinaryShareClass32022-06-30
REGISTERED NUMBER: 12064881 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 June 2022

for

INPULZE ELECTRICAL LTD

INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)






Contents of the Financial Statements
for the year ended 30 JUNE 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


INPULZE ELECTRICAL LTD

Company Information
for the year ended 30 JUNE 2022







DIRECTORS: O J Turland
T W Shaul





REGISTERED OFFICE: Office 424, KG Business Centre
Kingsfield Way
Kingsheath Industrial Estate
Northampton
Northamptonshire
NN5 7QN





REGISTERED NUMBER: 12064881 (England and Wales)





ACCOUNTANTS: Elsby & Co
Thistledown Barn
204 Holcot Road
Sywell
Northampton
Northamptonshire
NN6 0BG

INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)

Abridged Balance Sheet
30 JUNE 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,463 14,837

CURRENT ASSETS
Debtors 139,200 81,186
Cash at bank 12,825 44,531
152,025 125,717
CREDITORS
Amounts falling due within one year 87,453 65,727
NET CURRENT ASSETS 64,572 59,990
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,035

74,827

CREDITORS
Amounts falling due after more than one year (7,204 ) (11,906 )

PROVISIONS FOR LIABILITIES (2,748 ) (2,819 )
NET ASSETS 69,083 60,102

CAPITAL AND RESERVES
Called up share capital 6 16 16
Retained earnings 69,067 60,086
SHAREHOLDERS' FUNDS 69,083 60,102

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)

Abridged Balance Sheet - continued
30 JUNE 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2022 and were signed on its behalf by:





O J Turland - Director


INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)

Notes to the Financial Statements
for the year ended 30 JUNE 2022

1. STATUTORY INFORMATION

Inpulze 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year 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 year 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES

The average number of employees during the year was 1 (2021 - 1 ) .

INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2022

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2021 23,228
Additions 3,611
At 30 June 2022 26,839
DEPRECIATION
At 1 July 2021 8,391
Charge for year 3,985
At 30 June 2022 12,376
NET BOOK VALUE
At 30 June 2022 14,463
At 30 June 2021 14,837

5. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2022 2021
£    £   
Net obligations repayable:
Within one year 4,702 4,326
Between one and five years 7,204 11,906
11,906 16,232

Non-cancellable operating leases
2022 2021
£    £   
Within one year 8,653 4,564
Between one and five years 19,612 12,930
28,265 17,494

INPULZE ELECTRICAL LTD (REGISTERED NUMBER: 12064881)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2022

6. CALLED UP SHARE CAPITAL




Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
5 A £1 5 5
5 B £1 5 5
6 C £1 6 6
16 16