Company Registration No. 11833844 (England and Wales)
ASJ Electrical Limited
Unaudited accounts
for the year ended 31 March 2023
ASJ Electrical Limited
Unaudited accounts
Contents
ASJ Electrical Limited
Company Information
for the year ended 31 March 2023
Director
Mr Amerdeep Jandu
Company Number
11833844 (England and Wales)
Registered Office
25 Park Street West
Luton
Bedfordshire
LU1 3BE
UK
ASJ Electrical Limited
Statement of financial position
as at 31 March 2023
Tangible assets
19,077
1,440
Cash at bank and in hand
19,385
25,935
Creditors: amounts falling due within one year
(34,173)
(7,243)
Net current assets
21,022
33,436
Total assets less current liabilities
40,099
34,876
Creditors: amounts falling due after more than one year
(21,556)
(19,049)
Called up share capital
1
1
Profit and loss account
18,542
15,826
Shareholders' funds
18,543
15,827
For the year ending 31 March 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 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 9 August 2023 and were signed on its behalf by
Mr Amerdeep Jandu
Director
Company Registration No. 11833844
ASJ Electrical Limited
Notes to the Accounts
for the year ended 31 March 2023
ASJ Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 11833844. The registered office is 25 Park Street West, Luton, Bedfordshire, LU1 3BE, UK.
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:
25% for Motor Vehicles
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
565
3,750
4,315
At 31 March 2023
565
27,745
28,310
At 1 April 2022
212
2,663
2,875
Charge for the year
88
6,270
6,358
At 31 March 2023
300
8,933
9,233
At 31 March 2023
265
18,812
19,077
At 31 March 2022
353
1,087
1,440
ASJ Electrical Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,547
6,655
Taxes and social security
1,841
(1,265)
Loans from directors
941
1,853
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).