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REGISTERED NUMBER: 06458288 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

Select Electrical Agencies Ltd

Select Electrical Agencies Ltd (Registered number: 06458288)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Select Electrical Agencies Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTOR: I G Manning





REGISTERED OFFICE: 10 Churchill Rise
Axminster
Devon
EX13 5FX





REGISTERED NUMBER: 06458288 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Counting House
Tonedale Business Park
Wellington
Somerset
TA21 0AW

Select Electrical Agencies Ltd (Registered number: 06458288)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,517 23,188
17,517 23,188

CURRENT ASSETS
Debtors 6 87,648 46,856
Cash at bank 35,946 25,354
123,594 72,210
CREDITORS
Amounts falling due within one year 7 40,702 22,071
NET CURRENT ASSETS 82,892 50,139
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,409

73,327

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 100,408 73,326
SHAREHOLDERS' FUNDS 100,409 73,327

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Select Electrical Agencies Ltd (Registered number: 06458288)

Balance Sheet - continued
31 December 2021


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2022 and were signed by:





I G Manning - Director


Select Electrical Agencies Ltd (Registered number: 06458288)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Select Electrical Agencies 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.

Goodwill
Goodwill was acquired on 1 January 2008 and has historically not been amortised. However, it is now considered that it would be prudent to so do, and as such a decision has been made to write off the cost over a period of ten years.

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 - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2021
and 31 December 2021 35,000
AMORTISATION
At 1 January 2021
and 31 December 2021 35,000
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 -

Select Electrical Agencies Ltd (Registered number: 06458288)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2021 29,605 1,736 31,341
Additions - 168 168
At 31 December 2021 29,605 1,904 31,509
DEPRECIATION
At 1 January 2021 7,401 752 8,153
Charge for year 5,551 288 5,839
At 31 December 2021 12,952 1,040 13,992
NET BOOK VALUE
At 31 December 2021 16,653 864 17,517
At 31 December 2020 22,204 984 23,188

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Trade debtors 20,068 25,755
Other debtors 67,580 21,101
87,648 46,856

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Taxation and social security 39,061 20,105
Other creditors 1,641 1,966
40,702 22,071

Select Electrical Agencies Ltd (Registered number: 06458288)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
I G Manning
Balance outstanding at start of year 19,991 14,774
Amounts advanced 88,022 46,392
Amounts repaid (41,430 ) (41,175 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 66,583 19,991

Select Electrical Agencies Ltd

Report of the Accountants to the Director of
Select Electrical Agencies Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2021 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Counting House
Tonedale Business Park
Wellington
Somerset
TA21 0AW


Date: .............................................