PJB ELECTRICAL LIMITED

Company Registration Number:
11191484 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

PJB ELECTRICAL LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PJB ELECTRICAL LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Jamie Blackman
Paul A Buckley
Registered office: 8
Overdene Drive
Crawley
GBR
RH11 8DU
Company Registration Number: 11191484 (England and Wales)

PJB ELECTRICAL LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Electrical contractors

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Jamie Blackman
Paul A Buckley

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: Jamie Blackman
Status: Director

PJB ELECTRICAL LIMITED

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 191,979 154,424
Cost of sales ( 52,959 ) ( 44,688 )
Gross Profit or (Loss) 139,020 109,736
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 66,507 ) ( 54,339 )
Other operating income 0 0
Operating Profit or (Loss) 72,513 55,397
Interest Receivable and Similar Income 1 1
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 72,514 55,398
Tax on Profit ( 13,791 ) ( 10,325 )
Profit or (Loss) for Period 58,723 45,073

The notes form part of these financial statements

PJB ELECTRICAL LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 4 56,409 56,409
Tangible assets: 5 6,614 7,282
Total fixed assets: 63,023 63,691
Current assets
Stocks: 0 0
Debtors: 6 21,338 4,351
Cash at bank and in hand: 6,736 13,984
Total current assets: 28,074 18,335
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 36,521 ) ( 39,373 )
Net current assets (liabilities): ( 8,447 ) ( 21,038 )
Total assets less current liabilities: 54,576 42,653
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 54,576 42,653

The notes form part of these financial statements

PJB ELECTRICAL LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 9 0 0
Profit and loss account: 54,476 42,553
Shareholders funds: 54,576 42,653

For the year ending 28 February 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 27 November 2023
And Signed On Behalf Of The Board By:

Name: Jamie Blackman
Status: Director

The notes form part of these financial statements

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared under the historical cost convention with applicable accounting standards.

    Turnover represents the invoiced amounts of services provided during the period excluding Value Added Tax.
    The financial statements do not include a cash flow statement because the company as a small reporting entity is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008).
    Fixed Assets are stated at historical cost.
    Depreciation as shown is calculated to write off the cost of the asset over its working life as follows.
    Office Equipment 15% per annum on an original cost basis
    Motor Vehicles 15% per annum on an original cost basis

    Turnover policy

    Turnover represents the invoiced amounts of services provided during the period excluding Value Added Tax.

    Tangible fixed assets depreciation policy

    Fixed Assets are stated at historical cost.

    Intangible fixed assets amortisation policy

    Fixed Assets are stated at historical cost.

    Valuation information and policy

    Depreciation as shown is calculated to write off the cost of the asset over its working life as follows.
    Office Equipment 15% per annum on an original cost basis
    Motor Vehicles 15% per annum on an original cost basis

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Intangible assets

Goodwill Total
Cost £ £
At 01 March 2022 56,409 56,409
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 28 February 2023 56,409 56,409
Amortisation
Amortisation at 01 March 2022 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 28 February 2023 0 0
Net book value
Net book value at 28 February 2023 56,409 56,409
Net book value at 28 February 2022 56,409 56,409

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 March 2022 0 2,408 8,748 11,156
Additions 0 1,087 0 1,087
Disposals ( 0 ) ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0 0
Transfers 0 0 0 0
At 28 February 2023 0 3,495 8,748 12,243
Depreciation
At 01 March 2022 0 593 3,281 3,874
Charge for year 0 443 1,312 1,755
On disposals ( 0 ) ( 0 ) ( 0 ) ( 0 )
Other adjustments 0 0 0 0
At 28 February 2023 0 1,036 4,593 5,629
Net book value
At 28 February 2023 0 2,459 4,155 6,614
At 28 February 2022 0 1,815 5,467 7,282

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Debtors


2023
£

2022
£
Trade debtors 9,342 4,351
Prepayments and accrued income 5,252 0
Other debtors 6,744 0
Total 21,338 4,351
Debtors due after more than one year: 0 0

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 18,447 23,281
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 14,936 12,494
Accruals and deferred income 1,320 1,270
Other creditors 1,818 2,328
Total 36,521 39,373

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

PJB ELECTRICAL LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

9. Revaluation reserve


2023
£
Balance at 01 March 2022 0
Surplus or deficit after revaluation 0
Balance at 28 February 2023 0