Company Registration No. 4286645 (England and Wales)
Brights (Electrical Services) Limited
Unaudited accounts
for the year ended 30 September 2023
Brights (Electrical Services) Limited
Unaudited accounts
Contents
Brights (Electrical Services) Limited
Company Information
for the year ended 30 September 2023
Directors
Mark Elton Cheer
Scott Cole
Russell Mark Wheeler
Company Number
4286645 (England and Wales)
Registered Office
1 WHITEBEAM CLOSE
PAIGNTON
DEVON
TQ3 3GA
UNITED KINGDOM
Accountants
M A Walker & Associates
Willow Ridge
1 Whitebeam Close
Paignton
Devon
TQ3 3GA
Brights (Electrical Services) Limited
Statement of financial position
as at 30 September 2023
Intangible assets
29,531
31,500
Tangible assets
1,974
1,841
Cash at bank and in hand
27,610
13,715
Creditors: amounts falling due within one year
(94,882)
(72,168)
Net current liabilities
(22,123)
(22,262)
Called up share capital
17
17
Profit and loss account
9,365
11,062
Shareholders' funds
9,382
11,079
For the year ending 30 September 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 29 February 2024 and were signed on its behalf by
Mark Elton Cheer
Director
Company Registration No. 4286645
Brights (Electrical Services) Limited
Notes to the Accounts
for the year ended 30 September 2023
Brights (Electrical Services) Limited is a private company, limited by shares, registered in England and Wales, registration number 4286645. The registered office is 1 WHITEBEAM CLOSE, PAIGNTON, DEVON, TQ3 3GA, UNITED KINGDOM.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2023
37,500
At 30 September 2023
7,969
At 30 September 2023
29,531
At 30 September 2022
31,500
Brights (Electrical Services) Limited
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
-
7,365
2,550
9,915
At 30 September 2023
218
7,365
2,906
10,489
At 1 October 2022
-
6,830
1,244
8,074
Charge for the year
23
134
284
441
At 30 September 2023
23
6,964
1,528
8,515
At 30 September 2023
195
401
1,378
1,974
At 30 September 2022
-
535
1,306
1,841
Amounts falling due within one year
Trade debtors
45,149
36,191
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
23,942
18,616
Loans from directors
57,102
40,932
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).