IRIS Accounts Production v23.2.0.158 12570406 director 1.5.22 30.4.23 30.4.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure125704062022-04-30125704062023-04-30125704062022-05-012023-04-30125704062021-04-30125704062021-05-012022-04-30125704062022-04-3012570406ns16:EnglandWales2022-05-012023-04-3012570406ns15:PoundSterling2022-05-012023-04-3012570406ns11:Director12022-05-012023-04-3012570406ns11:PrivateLimitedCompanyLtd2022-05-012023-04-3012570406ns11:SmallEntities2022-05-012023-04-3012570406ns11:AuditExempt-NoAccountantsReport2022-05-012023-04-3012570406ns11:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3012570406ns11:SmallCompaniesRegimeForAccounts2022-05-012023-04-3012570406ns11:FullAccounts2022-05-012023-04-3012570406ns11:OrdinaryShareClass12022-05-012023-04-3012570406ns11:RegisteredOffice2022-05-012023-04-3012570406ns6:CurrentFinancialInstruments2023-04-3012570406ns6:CurrentFinancialInstruments2022-04-3012570406ns6:Non-currentFinancialInstruments2023-04-3012570406ns6:Non-currentFinancialInstruments2022-04-3012570406ns6:ShareCapital2023-04-3012570406ns6:ShareCapital2022-04-3012570406ns6:RetainedEarningsAccumulatedLosses2023-04-3012570406ns6:RetainedEarningsAccumulatedLosses2022-04-3012570406ns6:PlantMachinery2022-05-012023-04-3012570406ns6:FurnitureFittings2022-05-012023-04-3012570406ns6:MotorVehicles2022-05-012023-04-3012570406ns6:ComputerEquipment2022-05-012023-04-3012570406ns6:PlantMachinery2022-04-3012570406ns6:FurnitureFittings2022-04-3012570406ns6:MotorVehicles2022-04-3012570406ns6:ComputerEquipment2022-04-3012570406ns6:PlantMachinery2023-04-3012570406ns6:FurnitureFittings2023-04-3012570406ns6:MotorVehicles2023-04-3012570406ns6:ComputerEquipment2023-04-3012570406ns6:PlantMachinery2022-04-3012570406ns6:FurnitureFittings2022-04-3012570406ns6:MotorVehicles2022-04-3012570406ns6:ComputerEquipment2022-04-3012570406ns6:WithinOneYearns6:CurrentFinancialInstruments2023-04-3012570406ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3012570406ns6:DeferredTaxation2022-04-3012570406ns6:DeferredTaxation2022-05-012023-04-3012570406ns6:DeferredTaxation2023-04-3012570406ns11:OrdinaryShareClass12023-04-30
REGISTERED NUMBER: 12570406 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2023

for

FRAMPTON ELECTRICAL SOLUTIONS LTD

FRAMPTON ELECTRICAL SOLUTIONS LTD (REGISTERED NUMBER: 12570406)






Contents of the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FRAMPTON ELECTRICAL SOLUTIONS LTD

Company Information
FOR THE YEAR ENDED 30 APRIL 2023







Director: Mr J Frampton





Registered office: Certacs House
10-12 Westgate
Skelmersdale
Lancashire
WN8 8AZ





Registered number: 12570406 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

FRAMPTON ELECTRICAL SOLUTIONS LTD (REGISTERED NUMBER: 12570406)

Balance Sheet
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,752 34,339

CURRENT ASSETS
Debtors 5 23,992 28,909
Cash at bank 4,116 17,866
28,108 46,775
CREDITORS
Amounts falling due within one year 6 19,344 22,401
NET CURRENT ASSETS 8,764 24,374
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,516

58,713

CREDITORS
Amounts falling due after more than one
year

7

(19,510

)

(25,985

)

PROVISIONS FOR LIABILITIES 8 (6,438 ) (6,524 )
NET ASSETS 8,568 26,204

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 8,567 26,203
SHAREHOLDERS' FUNDS 8,568 26,204

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2023 and were signed by:





Mr J Frampton - Director


FRAMPTON ELECTRICAL SOLUTIONS LTD (REGISTERED NUMBER: 12570406)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Frampton Electrical Solutions 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 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
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 3 (2022 - 3 ) .

FRAMPTON ELECTRICAL SOLUTIONS LTD (REGISTERED NUMBER: 12570406)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2022
and 30 April 2023 2,167 700 46,630 250 49,747
DEPRECIATION
At 1 May 2022 793 306 14,200 109 15,408
Charge for year 344 99 8,108 36 8,587
At 30 April 2023 1,137 405 22,308 145 23,995
NET BOOK VALUE
At 30 April 2023 1,030 295 24,322 105 25,752
At 30 April 2022 1,374 394 32,430 141 34,339

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 23,992 28,909

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Hire purchase contracts 6,476 6,476
Trade creditors 1,260 4,521
Taxation and social security 10,969 9,363
Other creditors 639 2,041
19,344 22,401

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Hire purchase contracts 19,510 25,985

8. PROVISIONS FOR LIABILITIES
30.4.23 30.4.22
£    £   
Deferred tax 6,438 6,524

Deferred
tax
£   
Balance at 1 May 2022 6,524
Provided during year (86 )
Balance at 30 April 2023 6,438

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1 Ordinary £1 1 1