Company Registration No. 05509029 (England and Wales)
BUDUL ELECTRONICS LIMITED
Unaudited accounts
for the year ended 31 March 2024
BUDUL ELECTRONICS LIMITED
Unaudited accounts
Contents
BUDUL ELECTRONICS LIMITED
Company Information
for the year ended 31 March 2024
Director
SALAH WARSAME, Yusuf
Company Number
05509029 (England and Wales)
Registered Office
36 - 38 STATION PARADE
BARKING
ESSEX
IG11 8DR
ENGLAND
BUDUL ELECTRONICS LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
3,837
3,307
Creditors: amounts falling due within one year
-
(270)
Net current assets
3,837
3,037
Total assets less current liabilities
3,837
3,126
Creditors: amounts falling due after more than one year
(157)
(116)
Called up share capital
1
1
Profit and loss account
3,679
3,009
Shareholders' funds
3,680
3,010
For the year ending 31 March 2024 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 2 April 2024 and were signed on its behalf by
SALAH WARSAME, Yusuf
Director
Company Registration No. 05509029
BUDUL ELECTRONICS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
BUDUL ELECTRONICS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05509029. The registered office is 36 - 38 STATION PARADE, BARKING, ESSEX, IG11 8DR, 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.
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
20% cost
Fixtures & fittings
3% on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
4,535
3,035
7,570
At 31 March 2024
4,535
3,035
7,570
At 1 April 2023
4,448
3,033
7,481
Charge for the year
87
2
89
At 31 March 2024
4,535
3,035
7,570
5
Creditors: amounts falling due within one year
2024
2023
BUDUL ELECTRONICS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
157
116
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).