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Company Registration No. 09489379 (England and Wales)
PD Inman Electrical Contractors Limited Unaudited accounts for the year ended 31 March 2023
PD Inman Electrical Contractors Limited Unaudited accounts Contents
Page
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PD Inman Electrical Contractors Limited Company Information for the year ended 31 March 2023
Directors
PD Inman LM Miller
Company Number
09489379 (England and Wales)
Registered Office
4 Throstle Nest Road Silsden Keighley BD20 9QR
Accountants
Pearson & Associates Suite E, Canal Wharf Eshton Road Gargrave, Skipton North Yorkshire BD23 3SE
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PD Inman Electrical Contractors Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,020 
3,973 
Current assets
Inventories
22,200 
25,400 
Debtors
27,936 
19,108 
Cash at bank and in hand
25,365 
22,352 
75,501 
66,860 
Creditors: amounts falling due within one year
(82,784)
(67,571)
Net current liabilities
(7,283)
(711)
Net assets
5,737 
3,262 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,735 
3,260 
Shareholders' funds
5,737 
3,262 
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 directors acknowledge their 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 of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by
PD Inman Director Company Registration No. 09489379
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PD Inman Electrical Contractors Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PD Inman Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 09489379. The registered office is 4 Throstle Nest Road, Silsden, Keighley, BD20 9QR.
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.
Turnover
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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PD Inman Electrical Contractors Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
3,042 
18,494 
337 
21,873 
Additions
- 
12,079 
- 
12,079 
Disposals
- 
(4,995)
- 
(4,995)
At 31 March 2023
3,042 
25,578 
337 
28,957 
Depreciation
At 1 April 2022
2,509 
15,054 
337 
17,900 
Charge for the year
457 
1,688 
- 
2,145 
On disposals
- 
(4,108)
- 
(4,108)
At 31 March 2023
2,966 
12,634 
337 
15,937 
Net book value
At 31 March 2023
76 
12,944 
- 
13,020 
At 31 March 2022
533 
3,440 
- 
3,973 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
24,305 
16,904 
Other debtors
3,631 
2,204 
27,936 
19,108 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
63,253 
36,480 
Taxes and social security
5,548 
7,154 
Other creditors
1,237 
1,003 
Loans from directors
12,746 
22,934 
82,784 
67,571 
7
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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