Company Registration No. 06692901 (England and Wales)
Affordable Electricians Ltd
Unaudited accounts
for the year ended 30 September 2023
Affordable Electricians Ltd
Unaudited accounts
Contents
Affordable Electricians Ltd
Company Information
for the year ended 30 September 2023
Director
Mr Jonathan Dean Fisher
Company Number
06692901 (England and Wales)
Registered Office
37 CHURCHTOWN MEADOWS
ST STEPHENS
ST AUSTELL
CORNWALL
PL26 7NF
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Affordable Electricians Ltd
Statement of financial position
as at 30 September 2023
Tangible assets
5,889
4,020
Cash at bank and in hand
8,179
1,124
Creditors: amounts falling due within one year
(5,133)
(9,039)
Net current assets/(liabilities)
5,712
(1,012)
Called up share capital
1
1
Profit and loss account
11,600
3,007
Shareholders' funds
11,601
3,008
For the year ending 30 September 2023 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 11 October 2023 and were signed on its behalf by
Mr Jonathan Dean Fisher
Director
Company Registration No. 06692901
Affordable Electricians Ltd
Notes to the Accounts
for the year ended 30 September 2023
Affordable Electricians Ltd is a private company, limited by shares, registered in England and Wales, registration number 06692901. The registered office is 37 CHURCHTOWN MEADOWS, ST STEPHENS, ST AUSTELL, CORNWALL, PL26 7NF.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% 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 October 2022
13,308
3,470
2,494
-
19,272
Additions
-
2,500
-
1,332
3,832
At 30 September 2023
13,308
5,970
2,494
1,332
23,104
At 1 October 2022
9,288
3,470
2,494
-
15,252
Charge for the year
1,005
625
-
333
1,963
At 30 September 2023
10,293
4,095
2,494
333
17,215
At 30 September 2023
3,015
1,875
-
999
5,889
At 30 September 2022
4,020
-
-
-
4,020
Affordable Electricians Ltd
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,581
5,570
Loans from directors
79
63
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).