Company registration number 05747895 (England and Wales)
CORAL ELECTRICAL SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
CORAL ELECTRICAL SERVICES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
1,270
1,694
Current assets
4,596
21,246
Creditors: amounts falling due within one year
(44,456)
(51,512)
Net current liabilities
(39,860)
(30,266)
Total assets less current liabilities
(38,590)
(28,572)
Creditors: amounts falling due after more than one year
(27,690)
(27,626)
Net liabilities
(66,280)
(56,198)
Capital and reserves
(66,280)
(56,198)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
2
Going Concern
The accounts have been prepared on a going concern basis although the balance sheet is showing an insolvent position. The company is dependent in its day activities on the support of its directors and certain other creditors, and we have no reason to suppose that this support will not continue. The going concern basis of preparation of these accounts is this considered to be appropriate.
Coral Electrical Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is Nelson House, 2 Hamilton Terrace, Leamington Spa, Warwickshire, CV32 4LY.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
CORAL ELECTRICAL SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 22 December 2023 and are signed on its behalf by:
..............................................
Mr R Hubbard
Director
Company registration number 05747895 (England and Wales)