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REGISTERED NUMBER: 05619055 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

Aztec Fire & Electrical Systems Ltd

Aztec Fire & Electrical Systems Ltd (Registered number: 05619055)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aztec Fire & Electrical Systems Ltd

COMPANY INFORMATION
for the Year Ended 31 March 2023







DIRECTOR: D Wheeler





SECRETARY: Mrs S Wheeler





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hampshire
GU14 6JP





REGISTERED NUMBER: 05619055 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Aztec Fire & Electrical Systems Ltd (Registered number: 05619055)

BALANCE SHEET
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,766 28,476

CURRENT ASSETS
Stocks 4,500 5,638
Debtors 5 46,046 48,612
50,546 54,250
CREDITORS
Amounts falling due within one year 6 51,507 55,110
NET CURRENT LIABILITIES (961 ) (860 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,805

27,616

CREDITORS
Amounts falling due after more than one year 7 (17,312 ) (20,470 )

PROVISIONS FOR LIABILITIES (4,325 ) (5,288 )
NET ASSETS 168 1,858

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 148 1,838
SHAREHOLDERS' FUNDS 168 1,858

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2023 and were signed by:





D Wheeler - Director


Aztec Fire & Electrical Systems Ltd (Registered number: 05619055)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Aztec Fire & Electrical Systems 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 represents net invoiced sales of goods and services, excluding value added tax and is recognised on the completion and installation of goods and services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current tax, 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 not recognised in respect of timing differences which have originated and not been reversed at the balance sheet date since the directors consider the that the amount is not material.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Aztec Fire & Electrical Systems Ltd (Registered number: 05619055)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 6,021 43,463 4,223 53,707
Additions 612 - 1,019 1,631
At 31 March 2023 6,633 43,463 5,242 55,338
DEPRECIATION
At 1 April 2022 4,286 17,077 3,868 25,231
Charge for year 469 6,597 275 7,341
At 31 March 2023 4,755 23,674 4,143 32,572
NET BOOK VALUE
At 31 March 2023 1,878 19,789 1,099 22,766
At 31 March 2022 1,735 26,386 355 28,476

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 41,411
DEPRECIATION
At 1 April 2022 16,565
Charge for year 6,597
At 31 March 2023 23,162
NET BOOK VALUE
At 31 March 2023 18,249
At 31 March 2022 24,846

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 33,794 43,284
Other debtors 12,252 5,328
46,046 48,612

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 22,370 14,850
Hire purchase contracts 3,158 3,158
Trade creditors 5,298 10,723
Taxation and social security 18,681 24,022
Other creditors 2,000 2,357
51,507 55,110

Aztec Fire & Electrical Systems Ltd (Registered number: 05619055)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 17,312 20,470

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
D Wheeler
Balance outstanding at start of year (357 ) (12,346 )
Amounts advanced 44,294 51,989
Amounts repaid (35,000 ) (40,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,937 (357 )