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REGISTERED NUMBER: 03914581 (England and Wales)














DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2023






DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED (REGISTERED NUMBER: 03914581)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2023







DIRECTORS: P Best
J H Clark





SECRETARY: Mrs A Clark





REGISTERED OFFICE: 167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH





REGISTERED NUMBER: 03914581 (England and Wales)





ACCOUNTANTS: Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH

DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED (REGISTERED NUMBER: 03914581)

ABRIDGED BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,493 39,476

CURRENT ASSETS
Debtors 21,337 13,115
Cash at bank 54,787 73,491
76,124 86,606
CREDITORS
Amounts falling due within one year 29,512 34,152
NET CURRENT ASSETS 46,612 52,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,105

91,930

CREDITORS
Amounts falling due after more than one
year

6,333

9,099
NET ASSETS 69,772 82,831

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 69,672 82,731
SHAREHOLDERS' FUNDS 69,772 82,831

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED (REGISTERED NUMBER: 03914581)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:




P Best - Director



J H Clark - Director


DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED (REGISTERED NUMBER: 03914581)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2023

1. STATUTORY INFORMATION

Direct Electrical Contractors (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

DIRECT ELECTRICAL CONTRACTORS (LONDON)
LIMITED (REGISTERED NUMBER: 03914581)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2022
and 31 January 2023 127,945
DEPRECIATION
At 1 February 2022 88,469
Charge for year 9,983
At 31 January 2023 98,452
NET BOOK VALUE
At 31 January 2023 29,493
At 31 January 2022 39,476