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REGISTERED NUMBER: 08392571 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ELECTRICITY WORKS LIMITED

ELECTRICITY WORKS LIMITED (REGISTERED NUMBER: 08392571)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELECTRICITY WORKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mr Neil James Chapman





REGISTERED OFFICE: 19 Becketts Park Drive
Leeds
LS6 3PD





REGISTERED NUMBER: 08392571 (England and Wales)





ACCOUNTANTS: Syers McGill
9 Kerry Street
Horsforth
Leeds
West Yorkshire
LS18 4AW

ELECTRICITY WORKS LIMITED (REGISTERED NUMBER: 08392571)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,249 59,985

CURRENT ASSETS
Debtors 5 47,013 139,345
Cash at bank 5,743 78,489
52,756 217,834
CREDITORS
Amounts falling due within one year 6 56,980 132,422
NET CURRENT (LIABILITIES)/ASSETS (4,224 ) 85,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,025

145,397

CREDITORS
Amounts falling due after more than one year 7 41,843 56,528
NET ASSETS 182 88,869

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 82 88,769
SHAREHOLDERS' FUNDS 182 88,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

ELECTRICITY WORKS LIMITED (REGISTERED NUMBER: 08392571)

BALANCE SHEET - continued
28 FEBRUARY 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 24 October 2023 and were signed by:





Mr Neil James Chapman - Director


ELECTRICITY WORKS LIMITED (REGISTERED NUMBER: 08392571)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

Electricity Works 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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 Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2022 101,074 53,397 16,449 170,920
Additions - - 1,681 1,681
At 28 February 2023 101,074 53,397 18,130 172,601
DEPRECIATION
At 1 March 2022 77,843 23,361 9,731 110,935
Charge for year 5,808 7,509 2,100 15,417
At 28 February 2023 83,651 30,870 11,831 126,352
NET BOOK VALUE
At 28 February 2023 17,423 22,527 6,299 46,249
At 28 February 2022 23,231 30,036 6,718 59,985

ELECTRICITY WORKS LIMITED (REGISTERED NUMBER: 08392571)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 25,390 139,345
Directors' current accounts 21,623 -
47,013 139,345

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 8,000 7,790
Hire purchase contracts 6,512 6,512
Tax 38,992 80,368
Social security and other taxes 935 915
VAT 2,069 35,646
Other creditors 372 238
Directors' current accounts - 853
Accrued expenses 100 100
56,980 132,422

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 18,000 26,571
Hire purchase contracts 23,843 29,957
41,843 56,528

8. RESERVES
Retained
earnings
£   

At 1 March 2022 88,769
Profit for the year 14,513
Dividends (103,200 )
At 28 February 2023 82

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr Neil James Chapman.