Company Registration No. 10509941 (England and Wales)
ELECPLUMB LTD
Unaudited accounts
for the year ended 31 December 2022
ELECPLUMB LTD
Unaudited accounts
Contents
ELECPLUMB LTD
Company Information
for the year ended 31 December 2022
Directors
Jiven Kiran MANKU
Sarbjeet Singh MANKU
Company Number
10509941 (England and Wales)
Registered Office
Barkat House, Suite 9
116-118 Finchley Road
London
NW3 5HT
United Kingdom
ELECPLUMB LTD
Statement of financial position
as at 31 December 2022
Tangible assets
120,964
58,717
Cash at bank and in hand
110,437
213,349
Creditors: amounts falling due within one year
(200,853)
(91,924)
Net current assets
260,741
264,539
Total assets less current liabilities
401,705
323,256
Creditors: amounts falling due after more than one year
(301,288)
(308,917)
Called up share capital
1
1
Profit and loss account
100,416
14,338
Shareholders' funds
100,417
14,339
For the year ending 31 December 2022 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 28 September 2023 and were signed on its behalf by
Jiven Kiran MANKU
Director
Company Registration No. 10509941
ELECPLUMB LTD
Notes to the Accounts
for the year ended 31 December 2022
ELECPLUMB LTD is a private company, limited by shares, registered in England and Wales, registration number 10509941. The registered office is Barkat House, Suite 9, 116-118 Finchley Road, London, NW3 5HT, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
63,187
6,066
69,253
Additions
66,078
5,106
71,184
At 31 December 2022
129,265
11,172
140,437
At 1 January 2022
8,884
1,652
10,536
Charge for the year
7,223
1,714
8,937
At 31 December 2022
16,107
3,366
19,473
At 31 December 2022
113,158
7,806
120,964
At 31 December 2021
54,303
4,414
58,717
ELECPLUMB LTD
Notes to the Accounts
for the year ended 31 December 2022
5
Investments
Other investments
Valuation at 1 January 2022
-
Valuation at 31 December 2022
20,000
Amounts falling due within one year
Trade debtors
258,635
50,592
Accrued income and prepayments
36,695
36,695
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
73,502
-
Taxes and social security
79,550
28,841
Loans from directors
2,723
1,666
8
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
301,288
285,039
Obligations under finance leases and hire purchase contracts
-
23,878
9
Average number of employees
During the year the average number of employees was 11 (2021: 12).