1 January 2022 false No description of principal activity Taxfiler 2023.9 04990801business:PrivateLimitedCompanyLtd2022-01-012022-12-31 049908012021-12-31 049908012022-01-012022-12-31 04990801business:AuditExemptWithAccountantsReport2022-01-012022-12-31 04990801business:FilletedAccounts2022-01-012022-12-31 049908012022-12-31 04990801business:Director12022-01-012022-12-31 04990801business:CompanySecretary12022-01-012022-12-31 04990801business:RegisteredOffice2022-01-012022-12-31 049908012021-12-31 04990801core:WithinOneYear2022-12-31 04990801core:WithinOneYear2021-12-31 04990801core:AfterOneYear2022-12-31 04990801core:AfterOneYear2021-12-31 04990801core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 04990801core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 04990801core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 04990801core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 04990801core:PreviouslyStatedAmount2022-12-31 04990801core:PreviouslyStatedAmount2021-12-31 04990801business:SmallEntities2022-01-012022-12-31 04990801countries:EnglandWales2022-01-012022-12-31 04990801core:PlantMachinery2022-01-012022-12-31 04990801core:MotorVehicles2022-01-012022-12-31 04990801core:FurnitureFittings2022-01-012022-12-31 04990801core:ComputerEquipment2022-01-012022-12-31 04990801core:PlantMachinery2021-12-31 04990801core:MotorVehicles2021-12-31 04990801core:FurnitureFittings2021-12-31 04990801core:ComputerEquipment2021-12-31 04990801core:PlantMachinery2022-12-31 04990801core:MotorVehicles2022-12-31 04990801core:FurnitureFittings2022-12-31 04990801core:ComputerEquipment2022-12-31 049908012021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04990801 (England and Wales)
Bradley Electrical (2004) Limited Unaudited accounts for the year ended 31 December 2022
Bradley Electrical (2004) Limited Unaudited accounts Contents
Page
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Bradley Electrical (2004) Limited Company Information for the year ended 31 December 2022
Director
Mr C Nunn
Secretary
Miss C Nunn
Company Number
04990801 (England and Wales)
Registered Office
42 ALDWICK ROAD BOGNOR REGIS WEST SUSSEX PO21 2PN
Accountants
TILLEYS ACCOUNTANCY LIMITED Bizspace Unit 31 Courtwick Lane Littlehampton West Sussex BN17 7TL
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Bradley Electrical (2004) Limited Accountants' report
Accountants' report to the director of Bradley Electrical (2004) Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 December 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 December 2022. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
TILLEYS ACCOUNTANCY LIMITED Bizspace Unit 31 Courtwick Lane Littlehampton West Sussex BN17 7TL 26 September 2023
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Bradley Electrical (2004) Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
116,058 
108,710 
Current assets
Inventories
5,000 
5,000 
Debtors
130,170 
133,923 
Cash at bank and in hand
34,075 
67,042 
169,245 
205,965 
Creditors: amounts falling due within one year
(200,909)
(211,353)
Net current liabilities
(31,664)
(5,388)
Total assets less current liabilities
84,394 
103,322 
Creditors: amounts falling due after more than one year
(39,755)
(69,987)
Net assets
44,639 
33,335 
Capital and reserves
Called up share capital
1,998 
1,998 
Profit and loss account
42,641 
31,337 
Shareholders' funds
44,639 
33,335 
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 director acknowledges his 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 and authorised for issue on 26 September 2023 and were signed on its behalf by
Mr C Nunn Director Company Registration No. 04990801
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Bradley Electrical (2004) Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Bradley Electrical (2004) Limited is a private company, limited by shares, registered in England and Wales, registration number 04990801. The registered office is 42 ALDWICK ROAD, BOGNOR REGIS, WEST SUSSEX, PO21 2PN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
10% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2022
4,368 
169,076 
2,130 
28,459 
204,033 
Additions
- 
20,115 
- 
- 
20,115 
At 31 December 2022
4,368 
189,191 
2,130 
28,459 
224,148 
Depreciation
At 1 January 2022
3,004 
71,360 
1,651 
19,308 
95,323 
Charge for the year
342 
11,651 
72 
702 
12,767 
At 31 December 2022
3,346 
83,011 
1,723 
20,010 
108,090 
Net book value
At 31 December 2022
1,022 
106,180 
407 
8,449 
116,058 
At 31 December 2021
1,364 
97,716 
479 
9,151 
108,710 
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Bradley Electrical (2004) Limited Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
114,242 
112,945 
Accrued income and prepayments
15,928 
20,978 
130,170 
133,923 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
54,940 
42,593 
VAT
27,710 
43,464 
Obligations under finance leases and hire purchase contracts
20,634 
29,922 
Trade creditors
77,349 
79,691 
Taxes and social security
17,299 
14,229 
Other creditors
1,727 
254 
Accruals
1,250 
1,200 
200,909 
211,353 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
9,915 
44,167 
Obligations under finance leases and hire purchase contracts
29,840 
25,820 
39,755 
69,987 
8
Average number of employees
During the year the average number of employees was 14 (2021: 14).
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