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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
Page
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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
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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
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Eco Bright Electrical Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,004 
5,338 
Current assets
Debtors
32,794 
180 
Cash at bank and in hand
1,026 
2,174 
33,820 
2,354 
Creditors: amounts falling due within one year
(34,992)
(5,402)
Net current liabilities
(1,172)
(3,048)
Net assets
2,832 
2,290 
Capital and reserves
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
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Eco Bright Electrical Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 October 2023
2,508 
1,394 
102 
4,004 
At 31 October 2022
3,344 
1,858 
136 
5,338 
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Eco Bright Electrical Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,294 
- 
Other debtors
27,500 
180 
32,794 
180 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
11,815 
8,838 
Trade creditors
- 
2,760 
Taxes and social security
20,056 
8,613 
Other creditors
3,121 
- 
Loans from directors
- 
(14,809)
34,992 
5,402 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Gareth Nicholas Mather
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).
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