Company Registration No. 04461822 (England and Wales)
K W Electrical Services Limited
Unaudited accounts
for the year ended 30 June 2023
K W Electrical Services Limited
Unaudited accounts
Contents
K W Electrical Services Limited
Company Information
for the year ended 30 June 2023
Directors
K A Watret
L A Watret
E A Watret
Company Number
04461822 (England and Wales)
Registered Office
C/O KKAS LTD
33A MARKET PLACE
KENDAL
CUMBRIA
LA9 4TP
ENGLAND
Accountants
Kate King Accountancy Services ltd
33a Market Place
Kendal
Cumbria
LA9 4TP
K W Electrical Services Limited
Statement of financial position
as at 30 June 2023
Tangible assets
145,173
89,175
Cash at bank and in hand
525,700
342,966
Creditors: amounts falling due within one year
(350,221)
(211,626)
Net current assets
485,624
351,707
Total assets less current liabilities
630,797
440,882
Creditors: amounts falling due after more than one year
(31,000)
(35,232)
Provisions for liabilities
Deferred tax
(36,293)
(16,943)
Net assets
563,504
388,707
Called up share capital
100
100
Profit and loss account
563,404
388,607
Shareholders' funds
563,504
388,707
For the year ending 30 June 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 26 January 2024 and were signed on its behalf by
K A Watret
Director
Company Registration No. 04461822
K W Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2023
K W Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04461822. The registered office is C/O KKAS LTD, 33A MARKET PLACE, KENDAL, CUMBRIA, LA9 4TP, ENGLAND.
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.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
3,592
424,867
157,567
586,026
Additions
-
9,277
91,815
101,092
At 30 June 2023
3,592
434,144
249,382
687,118
At 1 July 2022
3,592
409,853
83,406
496,851
Charge for the year
-
10,823
34,271
45,094
At 30 June 2023
3,592
420,676
117,677
541,945
At 30 June 2023
-
13,468
131,705
145,173
At 30 June 2022
-
15,014
74,161
89,175
K W Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
273,961
185,264
Amounts due from group undertakings etc.
81
-
Accrued income and prepayments
603
603
Other debtors
26,500
25,500
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,261
10,136
Obligations under finance leases and hire purchase contracts
11,335
5,667
Trade creditors
191,566
105,014
Taxes and social security
50,155
35,735
Other creditors
3,047
5,833
Loans from directors
1,192
1,240
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
11,333
5,668
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).