Company Registration No. 07676033 (England and Wales)
Warner Electrical Contractors Limited
Unaudited accounts
for the year ended 31 August 2023
Warner Electrical Contractors Limited
Unaudited accounts
Contents
Warner Electrical Contractors Limited
Company Information
for the year ended 31 August 2023
Directors
Jane Warner
Peter Phillip Warner
Jane Warner
Peter Warner
Company Number
07676033 (England and Wales)
Registered Office
4 The Levels
Hornsea
HU18 1GA
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Warner Electrical Contractors Limited
Statement of financial position
as at 31 August 2023
Tangible assets
15,459
13,360
Cash at bank and in hand
24
24
Creditors: amounts falling due within one year
(329,957)
(190,143)
Net current assets
54,836
45,221
Total assets less current liabilities
70,295
58,581
Creditors: amounts falling due after more than one year
(20,924)
(34,001)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
48,925
24,134
Shareholders' funds
49,025
24,234
For the year ending 31 August 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 7 February 2024 and were signed on its behalf by
Peter Warner
Director
Company Registration No. 07676033
Warner Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 August 2023
Warner Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 07676033. The registered office is 4 The Levels, Hornsea, HU18 1GA.
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.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% on cost
Fixtures & fittings
33.33% on cost
Computer equipment
25% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2022
10,000
At 1 September 2022
10,000
Warner Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 August 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2022
2,382
16,990
6,093
7,344
32,809
Additions
-
7,500
-
192
7,692
At 31 August 2023
2,382
24,490
6,093
7,536
40,501
At 1 September 2022
2,382
4,248
5,909
6,910
19,449
Charge for the year
-
5,061
62
470
5,593
At 31 August 2023
2,382
9,309
5,971
7,380
25,042
At 31 August 2023
-
15,181
122
156
15,459
At 31 August 2022
-
12,742
184
434
13,360
Amounts falling due within one year
Trade debtors
354,545
202,941
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
36,474
40,429
Obligations under finance leases and hire purchase contracts
6,239
5,319
Trade creditors
177,023
101,743
Taxes and social security
18,327
6,195
Other creditors
89,875
36,457
Loans from directors
219
-
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,162
6,239
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).