IRIS Accounts Production v23.3.1.45 10357996 director 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103579962022-09-30103579962023-09-30103579962022-10-012023-09-30103579962021-09-30103579962021-10-012022-09-30103579962022-09-3010357996ns10:Originalns15:EnglandWales2022-10-012023-09-3010357996ns14:PoundSterlingns10:Original2022-10-012023-09-3010357996ns10:Originalns10:Director12022-10-012023-09-3010357996ns10:Original2022-10-012023-09-3010357996ns10:Original2023-09-3010357996ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3010357996ns10:Originalns10:SmallEntities2022-10-012023-09-3010357996ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3010357996ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3010357996ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3010357996ns10:Originalns10:FullAccounts2022-10-012023-09-3010357996ns10:Originalns10:RegisteredOffice2022-10-012023-09-3010357996ns10:Original2022-09-3010357996ns10:Originalns5:CurrentFinancialInstruments2023-09-3010357996ns10:Originalns5:CurrentFinancialInstruments2022-09-3010357996ns10:Originalns5:Non-currentFinancialInstruments2023-09-3010357996ns10:Originalns5:Non-currentFinancialInstruments2022-09-3010357996ns5:ShareCapitalns10:Original2023-09-3010357996ns5:ShareCapitalns10:Original2022-09-3010357996ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3010357996ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-3010357996ns10:Originalns5:MotorVehicles2022-10-012023-09-3010357996ns10:Originalns5:ComputerEquipment2022-10-012023-09-3010357996ns10:Original2021-10-012022-09-3010357996ns10:Originalns5:MotorVehicles2022-09-3010357996ns10:Originalns5:ComputerEquipment2022-09-3010357996ns10:Original2022-09-3010357996ns10:Originalns5:MotorVehicles2023-09-3010357996ns10:Originalns5:ComputerEquipment2023-09-3010357996ns10:Originalns5:MotorVehicles2022-09-3010357996ns10:Originalns5:ComputerEquipment2022-09-3010357996ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3010357996ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: 10357996 (England and Wales)















Bright Spark Electrical Installations
Ltd

Unaudited Financial Statements

for the Year Ended 30 September 2023






Bright Spark Electrical Installations
Ltd (Registered number: 10357996)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Bright Spark Electrical Installations
Ltd

Company Information
for the year ended 30 September 2023







DIRECTOR: Mr E Karakas





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 10357996 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP

Bright Spark Electrical Installations
Ltd (Registered number: 10357996)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,587 26,116

CURRENT ASSETS
Stocks 5,820 -
Debtors 5 2,947 2,731
Cash at bank and in hand 3,488 28,160
12,255 30,891
CREDITORS
Amounts falling due within one year 6 17,261 17,561
NET CURRENT (LIABILITIES)/ASSETS (5,006 ) 13,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,581

39,446

CREDITORS
Amounts falling due after more than one
year

7

13,366

26,222
NET ASSETS 1,215 13,224

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,115 13,124
SHAREHOLDERS' FUNDS 1,215 13,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Bright Spark Electrical Installations
Ltd (Registered number: 10357996)

Balance Sheet - continued
30 September 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 January 2024 and were signed by:





Mr E Karakas - Director


Bright Spark Electrical Installations
Ltd (Registered number: 10357996)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Bright Spark Electrical Installations 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.

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
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 3 (2022 - 2 ) .

Bright Spark Electrical Installations
Ltd (Registered number: 10357996)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 29,596 277 29,873
DEPRECIATION
At 1 October 2022 3,700 57 3,757
Charge for year 6,474 55 6,529
At 30 September 2023 10,174 112 10,286
NET BOOK VALUE
At 30 September 2023 19,422 165 19,587
At 30 September 2022 25,896 220 26,116

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,947 2,731

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,006 3,907
Hire purchase contracts 8,849 8,328
Taxation and social security 4,321 5,012
Other creditors 85 314
17,261 17,561

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 7,963 11,969
Hire purchase contracts 5,403 14,253
13,366 26,222