Company Registration No. 10061838 (England and Wales)
A.C.N. ELECTRICAL SERVICES LIMITED
Final accounts
for the year ended 31 March 2023
A.C.N. ELECTRICAL SERVICES LIMITED
Final accounts
Contents
A.C.N. ELECTRICAL SERVICES LIMITED
Company Information
for the year ended 31 March 2023
Company Number
10061838 (England and Wales)
Registered Office
19 HIGH VIEW
DEANSHANGER
MILTON KEYNES
MK19 6LL
UNITED KINGDOM
Accountants
DKA Accounting Ltd.
East Wing, Castle House
Dawson Road
Milton Keynes
Buckinghamshire
MK1 1QT
A.C.N. ELECTRICAL SERVICES LIMITED
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
93,859
47,351
Creditors: amounts falling due within one year
(88,786)
(28,613)
Net current assets
57,732
77,817
Called up share capital
100
100
Profit and loss account
57,632
77,717
Shareholders' funds
57,732
77,817
For the 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. 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.
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 8 November 2023 and were signed on its behalf by
NEIL HAMILTON
Director
Company Registration No. 10061838
A.C.N. ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
A.C.N. ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10061838. The registered office is 19 HIGH VIEW, DEANSHANGER, MILTON KEYNES, MK19 6LL, UNITED KINGDOM.
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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.
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.
The accounts have been prepared under the historical cost convention.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
Straight Line at costs 20%
The accounts are presented in £ sterling.
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Tangible fixed assets
Motor vehicles
A.C.N. ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
4,142
20,431
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,946
9,689
Loans from directors
84,439
15,184
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2022: 1).