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REGISTERED NUMBER: 09204633 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

P S ELECTRICAL CONTRACTORS LIMITED

P S ELECTRICAL CONTRACTORS LIMITED (REGISTERED NUMBER: 09204633)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P S ELECTRICAL CONTRACTORS LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2023







DIRECTOR: P Stanghon





REGISTERED OFFICE: 140A Tachbrook Street
London
SW1V 2NE





REGISTERED NUMBER: 09204633 (England and Wales)





ACCOUNTANTS: Saunders Wood & Co.
Chartered Accountants
140A Tachbrook Street
London SW1V 2NE

P S ELECTRICAL CONTRACTORS LIMITED (REGISTERED NUMBER: 09204633)

BALANCE SHEET
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,742 46,373

CURRENT ASSETS
Debtors 5 16,998 10,000
Cash at bank 334,500 260,252
351,498 270,252
CREDITORS
Amounts falling due within one year 6 47,963 38,879
NET CURRENT ASSETS 303,535 231,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

342,277

277,746

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 342,177 277,646
SHAREHOLDERS' FUNDS 342,277 277,746

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 13 October 2023 and were signed by:





P Stanghon - Director


P S ELECTRICAL CONTRACTORS LIMITED (REGISTERED NUMBER: 09204633)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

P S Electrical Contractors Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is 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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

P S ELECTRICAL CONTRACTORS LIMITED (REGISTERED NUMBER: 09204633)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 October 2022
and 30 September 2023 55,613
DEPRECIATION
At 1 October 2022 9,240
Charge for year 7,631
At 30 September 2023 16,871
NET BOOK VALUE
At 30 September 2023 38,742
At 30 September 2022 46,373

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 16,998 10,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Tax 23,943 18,599
Social security and other taxes 2,917 2,121
VAT 16,792 14,234
Accrued expenses 4,311 3,925
47,963 38,879