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REGISTERED NUMBER: 08992194 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

D Edwards Electrical Limited

D Edwards Electrical Limited (Registered number: 08992194)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D Edwards Electrical Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D T Edwards





SECRETARY:





REGISTERED OFFICE: 398 coast road
Pevensey
East Sussex
BN24 6NY





REGISTERED NUMBER: 08992194 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

D Edwards Electrical Limited (Registered number: 08992194)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,374 9,217

CURRENT ASSETS
Debtors 5 5,190 2,818
Cash at bank and in hand 65,770 56,426
70,960 59,244
CREDITORS
Amounts falling due within one year 6 20,132 19,087
NET CURRENT ASSETS 50,828 40,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,202

49,374

CREDITORS
Amounts falling due after more than
one year

7

19,719

25,909
NET ASSETS 38,483 23,465

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 38,482 23,464
SHAREHOLDERS' FUNDS 38,483 23,465

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.

D Edwards Electrical Limited (Registered number: 08992194)

Balance Sheet - continued
31 March 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 9 November 2023 and were signed by:





D T Edwards - Director


D Edwards Electrical Limited (Registered number: 08992194)

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

1. STATUTORY INFORMATION

D Edwards Electrical 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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 4,749 27,000 31,749
DEPRECIATION
At 1 April 2022 3,347 19,185 22,532
Charge for year 280 1,563 1,843
At 31 March 2023 3,627 20,748 24,375
NET BOOK VALUE
At 31 March 2023 1,122 6,252 7,374
At 31 March 2022 1,402 7,815 9,217

D Edwards Electrical Limited (Registered number: 08992194)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 5,190 2,818

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Tax 12,165 6,584
Social security and other taxes 266 158
VAT 613 1,548
Directors' loan accounts 5,772 9,499
Accrued expenses 1,316 1,298
20,132 19,087

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans - 2-5 years 19,719 25,909

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

at the balance sheet date the directors loan account on the balance sheet is owed to the directors on the company. No interest has been charged for the loan, there is no set payment date but the loan is repayable on demand.