R S Electrical (Aldershot) Ltd 06745867 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is electrical subcontractors Digita Accounts Production Advanced 6.30.9574.0 true 06745867 2022-04-01 2023-03-31 06745867 2023-03-31 06745867 core:RetainedEarningsAccumulatedLosses 2023-03-31 06745867 core:ShareCapital 2023-03-31 06745867 core:CurrentFinancialInstruments 2023-03-31 06745867 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 06745867 core:OfficeEquipment 2023-03-31 06745867 bus:SmallEntities 2022-04-01 2023-03-31 06745867 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06745867 bus:FullAccounts 2022-04-01 2023-03-31 06745867 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06745867 bus:RegisteredOffice 2022-04-01 2023-03-31 06745867 bus:Director1 2022-04-01 2023-03-31 06745867 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06745867 core:ComputerEquipment 2022-04-01 2023-03-31 06745867 core:OfficeEquipment 2022-04-01 2023-03-31 06745867 countries:EnglandWales 2022-04-01 2023-03-31 06745867 2022-03-31 06745867 core:OfficeEquipment 2022-03-31 06745867 2021-04-01 2022-03-31 06745867 2022-03-31 06745867 core:RetainedEarningsAccumulatedLosses 2022-03-31 06745867 core:ShareCapital 2022-03-31 06745867 core:CurrentFinancialInstruments 2022-03-31 06745867 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 06745867 core:OfficeEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 06745867

R S Electrical (Aldershot) Ltd

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2023

 

R S Electrical (Aldershot) Ltd

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

R S Electrical (Aldershot) Ltd

(Registration number: 06745867)
Statement of Financial Position as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

73

99

Current assets

 

Debtors

5

11,475

10,449

Cash at bank and in hand

 

8,048

3,818

 

19,523

14,267

Creditors: Amounts falling due within one year

6

(18,731)

(13,492)

Net current assets

 

792

775

Net assets

 

865

874

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

765

774

Shareholders' funds

 

865

874

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the Board on 27 September 2023 and signed on its behalf by:
 

.........................................
Mr R A Smith
Director

 

R S Electrical (Aldershot) Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: James House, 153 Grosvenor Road, Aldershot, Hampshire, GU11 3EF. England.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

R S Electrical (Aldershot) Ltd

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

R S Electrical (Aldershot) Ltd

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

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 April 2022

2,296

2,296

At 31 March 2023

2,296

2,296

Depreciation

At 1 April 2022

2,197

2,197

Charge for the year

26

26

At 31 March 2023

2,223

2,223

Carrying amount

At 31 March 2023

73

73

At 31 March 2022

99

99

5

Debtors

2023
£

2022
£

Other debtors

11,475

10,449

11,475

10,449

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Taxation and social security

6,572

5,396

Accruals and deferred income

1,596

1,469

Other creditors

10,563

6,627

18,731

13,492