LK1 Electrical Ltd

Company Information

Director

Mr L B J Knight

Registered office

1 Crosspoint Drive Summerston Glasgow G23 5NW

LK1 Electrical Ltd

(Registration number: SC702932)
Balance Sheet as at 30 June 2023

	Note	2023 £	2022 £
Current assets
Cash at bank and in hand		1	1
Capital and reserves
Called up share capital	4	1	1
Shareholders' funds		1	1

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 18 September 2023
 

......................................... Mr L B J Knight Director

LK1 Electrical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
1 Crosspoint Drive
Summerston
Glasgow
G23 5NW

These financial statements were authorised for issue by the director on 18 September 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Cash and cash equivalents

	2023 £	2022 £
Cash at bank	1	1

4	Share capital

Allotted, called up and fully paid shares

LK1 Electrical Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

4	Share capital (continued)

	2023		2022
	No.	£	No.	£
Ordinary Shares of £1 each	1	1	1	1