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REGISTERED NUMBER: 07243214 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

D Daniel Electrical Services Ltd

D Daniel Electrical Services Ltd (Registered number: 07243214)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D Daniel Electrical Services Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: D Daniel



SECRETARY: Mrs K Daniel



REGISTERED OFFICE: 13 Oak Road
Bishops Waltham
Southampton
Hampshire
SO32 1EN



REGISTERED NUMBER: 07243214 (England and Wales)



ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA



BANKERS: HSBC
35 Middle Road
Park Gate
Southampton
Hamphire
SO31 7GH

D Daniel Electrical Services Ltd (Registered number: 07243214)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,009 19,671

CURRENT ASSETS
Stocks 3,000 2,500
Debtors 5 - 4,098
Cash at bank 5,792 731
8,792 7,329
CREDITORS
Amounts falling due within one year 6 11,747 16,134
NET CURRENT LIABILITIES (2,955 ) (8,805 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,054

10,866

CREDITORS
Amounts falling due after more than one year 7 (7,687 ) (10,125 )

PROVISIONS FOR LIABILITIES (2,816 ) (3,693 )
NET ASSETS/(LIABILITIES) 1,551 (2,952 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,451 (3,052 )
SHAREHOLDERS' FUNDS 1,551 (2,952 )

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

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

D Daniel Electrical Services Ltd (Registered number: 07243214)

Balance Sheet - continued
31 May 2023


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 1 September 2023 and were signed by:





D Daniel - Director


D Daniel Electrical Services Ltd (Registered number: 07243214)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

D Daniel Electrical Services 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 the value of goods and services supplied in the period, net of value added tax and any discounts given.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 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 1 (2022 - 1 ) .

D Daniel Electrical Services Ltd (Registered number: 07243214)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2022 2,883 150 25,400 1,332 29,765
Additions - - - 290 290
At 31 May 2023 2,883 150 25,400 1,622 30,055
DEPRECIATION
At 1 June 2022 2,283 129 6,350 1,332 10,094
Charge for year 90 3 4,763 96 4,952
At 31 May 2023 2,373 132 11,113 1,428 15,046
NET BOOK VALUE
At 31 May 2023 510 18 14,287 194 15,009
At 31 May 2022 600 21 19,050 - 19,671

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors - 2,103
Other debtors - 1,995
- 4,098

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 84 (1 )
Taxation and social security 324 398
Other creditors 11,339 15,737
11,747 16,134

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 7,687 10,125

D Daniel Electrical Services Ltd (Registered number: 07243214)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.5.23 31.5.22
£    £   
D Daniel
Balance outstanding at start of year (14,879 ) 366
Amounts advanced 22,141 26,879
Amounts repaid (17,730 ) (42,124 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,468 ) (14,879 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Daniel.

Mr D Daniel, a director, owns 100% of the issued share capital of the company.