1 May 2022 false No description of principal activity Taxfiler 2023.10 11931222business:PrivateLimitedCompanyLtd2022-05-012023-04-30 119312222022-04-30 119312222022-05-012023-04-30 11931222business:AuditExempt-NoAccountantsReport2022-05-012023-04-30 11931222business:AbridgedAccounts2022-05-012023-04-30 119312222023-04-30 11931222business:Director12022-05-012023-04-30 11931222business:RegisteredOffice2022-05-012023-04-30 119312222022-04-30 11931222core:WithinOneYear2023-04-30 11931222core:WithinOneYear2022-04-30 11931222core:AfterOneYear2023-04-30 11931222core:AfterOneYear2022-04-30 11931222core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11931222core:ShareCapitalcore:PreviouslyStatedAmount2022-04-30 11931222core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11931222core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-04-30 11931222core:PreviouslyStatedAmount2023-04-30 11931222core:PreviouslyStatedAmount2022-04-30 11931222business:SmallEntities2022-05-012023-04-30 11931222countries:EnglandWales2022-05-012023-04-30 11931222core:PlantMachinery2022-05-012023-04-30 11931222core:MotorVehicles2022-05-012023-04-30 11931222core:ComputerEquipment2022-05-012023-04-30 119312222021-05-012022-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11931222 (England and Wales)
LONDON ELECTRIX LTD for the year ended 30 April 2023
LONDON ELECTRIX LTD Contents
Page
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LONDON ELECTRIX LTD Company Information for the year ended 30 April 2023
Director
NIK PENDAR
Company Number
11931222 (England and Wales)
Registered Office
5th Floor, Dudley House 169, Piccadilly London W1J 9EH England
Accountants
The Peek Partnership Limited Unit 1, Chancerygate Business Center Stonefield Way Ruislip Middlesex HA4 0JA
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LONDON ELECTRIX LTD Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
85,600 
56,941 
Current assets
Inventories
10,000 
- 
Debtors
33,946 
21,439 
Cash at bank and in hand
12,022 
35,674 
55,968 
57,113 
Creditors: amounts falling due within one year
(29,602)
(29,726)
Net current assets
26,366 
27,387 
Total assets less current liabilities
111,966 
84,328 
Creditors: amounts falling due after more than one year
(103,313)
(67,236)
Provisions for liabilities
Deferred tax
(8,415)
(8,415)
Net assets
238 
8,677 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
237 
8,676 
Shareholders' funds
238 
8,677 
For the year ending 30 April 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 2 November 2023 and were signed on its behalf by
NIK PENDAR Director Company Registration No. 11931222
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LONDON ELECTRIX LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
LONDON ELECTRIX LTD is a private company, limited by shares, registered in England and Wales, registration number 11931222. The registered office is 5th Floor, Dudley House, 169, Piccadilly, London, W1J 9EH, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Straight line 25%
Motor vehicles
Straight line 25%
Computer equipment
Straight line 25%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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LONDON ELECTRIX LTD Notes to the Accounts for the year ended 30 April 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2022
82,701 
Additions
40,477 
At 30 April 2023
123,178 
Depreciation
At 1 May 2022
25,760 
Charge for the year
19,068 
On disposals
(7,250)
At 30 April 2023
37,578 
Net book value
At 30 April 2023
85,600 
At 30 April 2022
56,941 
5
Transactions with related parties
Mr Nik Pendar (Director) is responsible to run day to day business. Other debtor balance included director loan account which is overdrawn by £24000, as agreed director (Nik Pendar) will pay off the loan with in 9 months from the year end.
6
Controlling party
Director Mr Nik Pendar was holding the full control of the business for the financial year
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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