Company Registration No. 12270217 (England and Wales)
B P Electrical (Bristol) Ltd
Unaudited accounts
for the year ended 30 September 2023
B P Electrical (Bristol) Ltd
Unaudited accounts
Contents
B P Electrical (Bristol) Ltd
Company Information
for the year ended 30 September 2023
Company Number
12270217 (England and Wales)
Registered Office
181 Dovercourt Road
Horfield
Bristol
BS7 9SF
Accountants
Evans Entwistle
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
B P Electrical (Bristol) Ltd
for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of B P Electrical (Bristol) Ltd for the year ended 30 September 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
10 Fountain Court, Elm House
New Leaze
Bradley Stoke
Bristol
BS32 4LA
7 March 2024
B P Electrical (Bristol) Ltd
Statement of financial position
as at 30 September 2023
Intangible assets
74,400
86,800
Tangible assets
7,080
13,104
Cash at bank and in hand
2,948
5,300
Creditors: amounts falling due within one year
(12,734)
(15,258)
Net current assets
578
909
Total assets less current liabilities
82,058
100,813
Creditors: amounts falling due after more than one year
(43,408)
(67,030)
Called up share capital
1
1
Profit and loss account
38,649
33,782
Shareholders' funds
38,650
33,783
For the year ending 30 September 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 7 March 2024 and were signed on its behalf by
Benjamin Pascoe
Director
Company Registration No. 12270217
B P Electrical (Bristol) Ltd
Notes to the Accounts
for the year ended 30 September 2023
B P Electrical (Bristol) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12270217. The registered office is 181 Dovercourt Road, Horfield, Bristol, BS7 9SF.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2023
124,000
Charge for the year
12,400
At 30 September 2023
49,600
At 30 September 2023
74,400
At 30 September 2022
86,800
B P Electrical (Bristol) Ltd
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2022
815
21,727
22,542
Disposals
-
(3,500)
(3,500)
At 30 September 2023
815
18,227
19,042
At 1 October 2022
109
9,329
9,438
Charge for the year
81
4,558
4,639
On disposals
-
(2,115)
(2,115)
At 30 September 2023
190
11,772
11,962
At 30 September 2023
625
6,455
7,080
At 30 September 2022
706
12,398
13,104
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,739
2,566
Taxes and social security
8,106
8,901
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
39,399
59,188
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
B P Electrical (Bristol) Ltd
Notes to the Accounts
for the year ended 30 September 2023
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).