2022-03-01 2023-02-28 2023-02-28 Trading false The accounts were prepared in accordance with frs102 There is no accountants report AbridgedAccounts This company is a private limited company 06812570 2023-02-28 06812570 2022-02-28 06812570 2021-02-28 06812570 2022-03-01 2023-02-28 06812570 2021-03-01 2022-02-28 06812570 uk-cd-pres:AllEntityOfficers 2022-03-01 2023-02-28 06812570 uk-cd-pres:AllEntityOfficers 2021-03-01 2022-02-28 06812570 uk-cd-pres:CompanySecretary1 2022-03-01 2023-02-28 06812570 uk-cd-pres:CompanySecretaryDirector1 2022-03-01 2023-02-28 06812570 uk-cd-pres:CompanySecretaryDirector1 2023-02-28 06812570 uk-cd-pres:Director1 2022-03-01 2023-02-28 06812570 uk-cd-pres:Director1 2023-02-28 06812570 uk-cd-pres:AllOrdinaryShares 2023-02-28 06812570 uk-cd-pres:AllPreferenceShares 2023-02-28 06812570 uk-cd-pres:AllOrdinaryShares 2022-02-28 06812570 uk-cd-pres:AllPreferenceShares 2022-02-28 06812570 uk-cd-pres:AllOrdinaryShares 2022-03-01 2023-02-28 06812570 uk-cd-pres:AllPreferenceShares 2022-03-01 2023-02-28 06812570 uk-cd-pres:AllOrdinaryShares 2021-03-01 2022-02-28 06812570 uk-cd-pres:AllPreferenceShares 2021-03-01 2022-02-28 06812570 uk-cd-pres:RegisteredOffice 2022-03-01 2023-02-28 06812570 uk-cd-pres:EntityAccountantsOrAuditors 2023-02-28 06812570 uk-cd-pres:EntityAccountantsOrAuditors 2022-03-01 2023-02-28 06812570 uk-cd-pres:EntityAccountantsOrAuditors 2021-03-01 2022-02-28 06812570 uk-cd-pres:EntityBankers 2022-03-01 2023-02-28 06812570 uk-cd-pres:EntityLawyersOrLegalAdvisers 2022-03-01 2023-02-28 06812570 uk-countries:UnitedKingdom 2022-03-01 2023-02-28 06812570 uk-countries:Europe 2022-03-01 2023-02-28 06812570 uk-countries:NorthAmerica 2022-03-01 2023-02-28 06812570 uk-countries:OtherCountriesRegions 2022-03-01 2023-02-28 06812570 uk-countries:UnitedKingdom 2021-03-01 2022-02-28 06812570 uk-countries:Europe 2021-03-01 2022-02-28 06812570 uk-countries:NorthAmerica 2021-03-01 2022-02-28 06812570 uk-countries:OtherCountriesRegions 2021-03-01 2022-02-28 06812570 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2022-03-01 2023-02-28 06812570 uk-gaap-pt:LeasedTangibleFixedAssets 2022-03-01 2023-02-28 06812570 uk-gaap-pt:OwnedOrFreeholdTangibleFixedAssets 2021-03-01 2022-02-28 06812570 uk-gaap-pt:LeasedTangibleFixedAssets 2021-03-01 2022-02-28 06812570 uk-gaap-pt:OwnedAssets 2022-03-01 2023-02-28 06812570 uk-gaap-pt:LeasedAssets 2022-03-01 2023-02-28 06812570 uk-gaap-pt:OwnedAssets 2021-03-01 2022-02-28 06812570 uk-gaap-pt:LeasedAssets 2021-03-01 2022-02-28 06812570 uk-gaap-pt:LeasedAssetsHeldAsLessee 2023-02-28 06812570 uk-gaap-pt:LeasedAssetsHeldAsLessee 2022-02-28 06812570 uk-gaap-pt:LeasedAssetsHeldAsLessee 2022-03-01 2023-02-28 06812570 uk-gaap-pt:LeasedAssetsHeldAsLessee 2021-03-01 2022-02-28 06812570 uk-gaap-pt:NetGoodwill 2022-02-28 06812570 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2022-02-28 06812570 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2022-02-28 06812570 uk-gaap-pt:OtherResidualIntangibleAssets 2022-02-28 06812570 uk-gaap-pt:NetGoodwill 2022-03-01 2023-02-28 06812570 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2022-03-01 2023-02-28 06812570 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2022-03-01 2023-02-28 06812570 uk-gaap-pt:OtherResidualIntangibleAssets 2022-03-01 2023-02-28 06812570 uk-gaap-pt:NetGoodwill 2023-02-28 06812570 uk-gaap-pt:RecipesFormulaeModelsDesignsPrototypes 2023-02-28 06812570 uk-gaap-pt:CopyrightsPatentsTrademarksServiceOperatingRights 2023-02-28 06812570 uk-gaap-pt:OtherResidualIntangibleAssets 2023-02-28 06812570 uk-gaap-pt:Buildings 2022-03-01 2023-02-28 06812570 uk-gaap-pt:Land 2022-03-01 2023-02-28 06812570 uk-gaap-pt:LandBuildings 2022-02-28 06812570 uk-gaap-pt:PlantMachinery 2022-02-28 06812570 uk-gaap-pt:FurnitureFittings 2022-02-28 06812570 uk-gaap-pt:FurnitureFittings 2022-02-28 06812570 uk-gaap-pt:OfficeEquipment 2022-02-28 06812570 uk-gaap-pt:Vehicles 2022-02-28 06812570 uk-gaap-pt:LandBuildings 2022-03-01 2023-02-28 06812570 uk-gaap-pt:PlantMachinery 2022-03-01 2023-02-28 06812570 uk-gaap-pt:FurnitureFittings 2022-03-01 2023-02-28 06812570 uk-gaap-pt:FurnitureFittings 2022-03-01 2023-02-28 06812570 uk-gaap-pt:OfficeEquipment 2022-03-01 2023-02-28 06812570 uk-gaap-pt:Vehicles 2022-03-01 2023-02-28 06812570 uk-gaap-pt:LandBuildings 2023-02-28 06812570 uk-gaap-pt:PlantMachinery 2023-02-28 06812570 uk-gaap-pt:FurnitureFittings 2023-02-28 06812570 uk-gaap-pt:OfficeEquipment 2023-02-28 06812570 uk-gaap-pt:Vehicles 2023-02-28 06812570 uk-gaap-ptx:AdministrativeExpenses 2022-03-01 2023-02-28 06812570 uk-gaap-ptx:AdministrativeExpenses 2021-03-01 2022-02-28 06812570 uk-gaap-ptx:CostSales 2022-03-01 2023-02-28 06812570 uk-gaap-ptx:CostSales 2021-03-01 2022-02-28 06812570 uk-gaap-ptx:DistributionCosts 2022-03-01 2023-02-28 06812570 uk-gaap-ptx:DistributionCosts 2021-03-01 2022-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2022-02-28 06812570 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2023-02-28 06812570 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:ListedExchangeTraded 2022-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2022-02-28 06812570 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2023-02-28 06812570 uk-gaap-pt:Non-currentFinancialInstruments uk-gaap-pt:UnlistedNon-exchangeTraded 2022-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments 2023-02-28 06812570 uk-gaap-pt:CurrentFinancialInstruments 2022-02-28 06812570 uk-gaap-pt:WithinOneYear 2023-02-28 06812570 uk-gaap-pt:BetweenOneTwoYears 2023-02-28 06812570 uk-gaap-pt:BetweenTwoFiveYears 2023-02-28 06812570 uk-gaap-pt:MoreThanFiveYears 2023-02-28 06812570 uk-gaap-pt:AfterOneYear 2023-02-28 06812570 uk-gaap-pt:WithinOneYear 2022-02-28 06812570 uk-gaap-pt:BetweenOneTwoYears 2022-02-28 06812570 uk-gaap-pt:BetweenTwoFiveYears 2022-02-28 06812570 uk-gaap-pt:MoreThanFiveYears 2022-02-28 06812570 uk-gaap-pt:AfterOneYear 2022-02-28 06812570 uk-gaap-pt:ShareCapital 2023-02-28 06812570 uk-gaap-pt:SharePremium 2023-02-28 06812570 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2023-02-28 06812570 uk-gaap-pt:RevaluationReserve 2023-02-28 06812570 uk-gaap-pt:OtherReservesSubtotal 2023-02-28 06812570 uk-gaap-pt:ShareCapital 2022-02-28 06812570 uk-gaap-pt:SharePremium 2022-02-28 06812570 uk-gaap-pt:RetainedEarningsAccumulatedLosses 2022-02-28 06812570 uk-gaap-pt:RevaluationReserve 2022-02-28 06812570 uk-gaap-pt:OtherReservesSubtotal 2022-02-28 06812570 1 2022-03-01 2023-02-28 06812570 2 2022-03-01 2023-02-28 06812570 uk-cd-pres:FRS102 2022-03-01 2023-02-28 06812570 uk-cd-pres:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 06812570 uk-cd-pres:FullAccounts 2022-03-01 2023-02-28 06812570 uk-cd-pres:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
 
 
 
 
 
 
 
ELEKTRIC-ON LTD.
 
 
Company Registration Number
06812570
 
 
Report of the Directors and
Unaudited Financial Statements
 
 
Period of accounts
 
Start date 01/03/2022
 
End date 28/02/2023
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 1
ELEKTRIC-ON LTD.
 
Contents of the Financial Statements
for the Period Ended 28 February 2023
 
 
Page
Company Information 3
 
Report of the Directors 4
 
Profit and Loss Account 5
 
Balance Sheet 6 - 7
 
Notes to the Financial Statements 8 - 12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 2
ELEKTRIC-ON LTD.
 
Company Information
for the Period Ended 28 February 2023
 
Directors Emil Iulian Visan Gherghe
 
 
1a Aberavon road
London
E3 5AR
 
Company Registration Number 06812570
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 3
ELEKTRIC-ON LTD.
Directors Report
for the 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
The principal activity of the company in the period under review was
Electrical services
Directors
The director(s) shown below have held office during the whole of the period
Emil Iulian Visan Gherghe
Small Company Provisions
These accounts have been prepared in accordance with the provisions applicable to
companies subject to the small companies regime.
 
This report was approved by the board of directors on 2023-05-18
and signed on behalf of the board by
Name Emil Iulian Visan Gherghe
Status Director
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 4
ELEKTRIC-ON LTD.
 
Profit and Loss Account
for the Period Ended 28 February 2023
2023 2022
Notes £ £
 
Turnover 2 222,682 208,510
Cost of sales 155,782 153,989
______ ______
Gross Profit/(Loss) 66,900 54,521
 
Administrative expenses 3,451 4,310
______ ______
Operating costs 3,451 4,310
 
______ ______
Operating Profit/(Loss) 63,449 50,211
______ ______
Interest payable and similar 2,135 1,785
______ ______
Net Finance income/(Loss) (2,135) (1,785)
______ ______
Profit/(Loss) on ordinary activities before taxation 61,314 48,426
 
Tax on profit on ordinary activities 3 11,649 9,200
_____ _____
Profit/(Loss) for the financial period after taxation 49,665 39,226
 
The notes form part of these financial statements
 
 
 
 
 
 
 
 
 
 
Page 5
ELEKTRIC-ON LTD.
Balance Sheet
for the Period Ended 28 February 2023
Company registration number 06812570
2023 2022
Notes £ £
Fixed assets
Tangible fixed assets 5 2 2
_______ _______
Total fixed assets 2 2
Current assets
Debtors 6 204
Cash at bank and in hand 90,195 79,721
_______ _______
Total current assets/(liabilities) 90,195 79,925
Creditors
Creditors - amounts falling
due within one year 7 11,649 10,812
_______ _______
Net current assets 78,546 69,113
_______ _______
Total assets less current liabilities 78,548 69,115
_______ _______
Creditors - amounts falling
due after more than one year 8 39,907 50,507
_______ _______
Long term creditors 39,907 50,507
_____ _____
Net assets/(liabilities) 38,641 18,608
Capital and reserves
Called up share capital 9 100 100
Profit and loss account 10 38,542 18,508
________ _____
Total shareholders funds 38,642 18,608
 
 
 
 
 
 
 
 
Page 6
ELEKTRIC-ON LTD.
 
Balance Sheet
for the Period Ended 28 February 2023
 
 
 
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
 
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 members have agreed to the preparation of abridged accounts.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
 
The financial statements were approved by the Board of Directors on 2023-05-18
 
SIGNED ON BEHALF OF THE BOARD BY
 
 
 
 
 
 
 
Name Emil Iulian Visan Gherghe
 
The notes form part of these financial statements
Average number of employees during period 0
 
 
 
 
 
 
 
Page 7
ELEKTRIC-ON LTD.
Notes to the Financial Statements
for the Period Ended 28 February 2023
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the small companies regime.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 8
ELEKTRIC-ON LTD.
Notes to the Financial Statements
for the Period Ended 28 February 2023
2. Turnover 2023 2022
£ £
United Kingdom 222,682 208,510
______ ______
Total 222,682 208,510
3. Taxation
The tax charge on the profit on ordinary activities 2023 2022
for the period was as follows £ £
UK Corporation Tax net of reliefs 11,649 9,200
_____ ____
Tax on profit on ordinary activities 11,649 9,200
4. Dividends 2023 2022
£ £
Dividend on ordinary shares paid in period 29,631 10,597
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9
ELEKTRIC-ON LTD.
Notes to the Financial Statements
for the Period Ended 28 February 2023
5. Tangible fixed assets
Tools & Motor Total
equipment vehicles
Cost £ £ £
At 1 March 2022 29,626 10,266 39,892
_____ _____ _____
At 28 February 2023 29,626 10,266 39,892
Depreciation
At 1 March 2022 29,624 10,266 39,890
_____ _____ _____
At 28 February 2023 29,624 10,266 39,890
Net book value
At 28 February 2023 2 0 2
At 28 February 2022 2 0 2
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 10
ELEKTRIC-ON LTD.
Notes to the Financial Statements
for the Period Ended 28 February 2023
6. Debtors 2023 2022
Trade debtors 204
Other debtors
Prepayments and accrued income
_ ___
Total 0 204
7. Creditors amounts falling due within one year 2023 2022
Bank loans and overdrafts
Corporation tax 11,649 9,200
Other creditors 1,612
_____ _____
Total 11,649 10,812
8. Creditors amounts falling due after more than one year 2023 2022
Bank loans 39,907 50,507
Other creditors
_____ _____
Total 39,907 50,507
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 11
ELEKTRIC-ON LTD.
Notes to the Financial Statements
for the Period Ended 28 February 2023
9. Share capital 2023 2022
Authorised type Par value £ £
Ordinary 1 100 100
___ ___
Total 100 100
Allotted, called up and paid £ £
Ordinary 100 100
___ ___
Total 100 100
10. Reserves/Retained profit
Retained profit reconciliation £
Reserves at 1 March 2022 18,508
Profit/(Loss) for year 49,665
Dividends paid 29,631
________
Retained Profit/(Loss) at 28 February 2023 38,542
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 12