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REGISTERED NUMBER: 14124244 (England and Wales)















Unaudited Financial Statements

for the Period 23 May 2022 to 31 July 2023

for

Srk Electrical Ltd

Srk Electrical Ltd (Registered number: 14124244)

Contents of the Financial Statements
for the Period 23 May 2022 to 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Srk Electrical Ltd

Company Information
for the Period 23 May 2022 to 31 July 2023







DIRECTOR: S R G Smith





SECRETARY:





REGISTERED OFFICE: 9 Poplar Crescent
Halifax
West Yorkshire
HX2 9RY





REGISTERED NUMBER: 14124244 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Srk Electrical Ltd (Registered number: 14124244)

Balance Sheet
31 July 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 24,917

CURRENT ASSETS
Debtors 5 33,101
Cash at bank and in hand 132,645
165,746
CREDITORS
Amounts falling due within one year 6 96,399
NET CURRENT ASSETS 69,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,264

PROVISIONS FOR LIABILITIES 7 4,734
NET ASSETS 89,530

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 89,430
89,530

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

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

The director acknowledges his 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.

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

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

The financial statements were approved by the director and authorised for issue on 30 October 2023 and were signed by:





S R G Smith - Director


Srk Electrical Ltd (Registered number: 14124244)

Notes to the Financial Statements
for the Period 23 May 2022 to 31 July 2023


1. STATUTORY INFORMATION

Srk Electrical Ltd 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

Srk Electrical Ltd (Registered number: 14124244)

Notes to the Financial Statements - continued
for the Period 23 May 2022 to 31 July 2023


4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 26,000
At 31 July 2023 26,000
DEPRECIATION
Charge for period 1,083
At 31 July 2023 1,083
NET BOOK VALUE
At 31 July 2023 24,917

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 33,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 6,653
Tax 29,648
VAT 13,348
Directors' loan accounts 46,150
Accrued expenses 600
96,399

7. PROVISIONS FOR LIABILITIES
£   
Deferred tax 4,734

Deferred
tax
£   
Deferred Tax 4,734
Balance at 31 July 2023 4,734

8. RELATED PARTY DISCLOSURES

The company is controlled by the company director.