Company Registration No. 13694040 (England and Wales)
Eco Bright Electrical Ltd
Unaudited accounts
for the year ended 31 October 2023
Eco Bright Electrical Ltd
Unaudited accounts
Contents
Eco Bright Electrical Ltd
Company Information
for the year ended 31 October 2023
Director
Gareth Nicholas Mather
Company Number
13694040 (England and Wales)
Registered Office
51 Westbourne Gardens
Hove, England
BN3 5PN
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Eco Bright Electrical Ltd
Accountants' report
Accountants' report to the director of Eco Bright Electrical Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Eco Bright Electrical Ltd for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Eco Bright Electrical Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Eco Bright Electrical Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eco Bright Electrical Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Eco Bright Electrical Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Eco Bright Electrical Ltd. You consider that Eco Bright Electrical Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Eco Bright Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
5 January 2024
Eco Bright Electrical Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
4,004
5,338
Cash at bank and in hand
1,026
2,174
Creditors: amounts falling due within one year
(34,992)
(5,402)
Net current liabilities
(1,172)
(3,048)
Called up share capital
1
1
Profit and loss account
2,831
2,289
Shareholders' funds
2,832
2,290
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 5 January 2024 and were signed on its behalf by
Gareth Nicholas Mather
Director
Company Registration No. 13694040
Eco Bright Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2023
Eco Bright Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 13694040. The registered office is 51 Westbourne Gardens, Hove, England, BN3 5PN.
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% reducing balance method
Motor vehicles
25% reducing balance method
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
4,500
2,500
139
7,139
At 31 October 2023
4,500
2,500
139
7,139
At 1 November 2022
1,156
642
3
1,801
Charge for the year
836
464
34
1,334
At 31 October 2023
1,992
1,106
37
3,135
At 31 October 2023
2,508
1,394
102
4,004
At 31 October 2022
3,344
1,858
136
5,338
Eco Bright Electrical Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
20,056
8,613
Loans from directors
-
(14,809)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
14,809
(52,336)
(62,435)
24,908
14,809
(52,336)
(62,435)
24,908
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).