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REGISTERED NUMBER: 12929222 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Camgo Electrical Ltd

Camgo Electrical Ltd (Registered number: 12929222)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountant 7

Camgo Electrical Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: M Densley
J Hallam
L Page
C Clay





REGISTERED OFFICE: Unit 6 Ashford Industrial Estate
Shield Road
Ashford
TW15 1AU





REGISTERED NUMBER: 12929222 (England and Wales)





ACCOUNTANT: Accountancy and Business Improvement Ltd
The Oast House
Suite 3
5 Mead Lane
Farnham
Surrey
GU9 7DY

Camgo Electrical Ltd (Registered number: 12929222)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 831,641 227,063

CURRENT ASSETS
Debtors 5 1,165,807 379,953
Cash at bank 917,497 452,688
2,083,304 832,641
CREDITORS
Amounts falling due within one year 6 1,533,975 408,850
NET CURRENT ASSETS 549,329 423,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,380,970

650,854

CREDITORS
Amounts falling due after more than one
year

7

(163,869

)

(135,788

)

PROVISIONS FOR LIABILITIES (22,178 ) (22,178 )
NET ASSETS 1,194,923 492,888

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 1,192,923 490,888
1,194,923 492,888

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

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

The directors acknowledge their 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.

Camgo Electrical Ltd (Registered number: 12929222)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 March 2024 and were signed on its behalf by:





M Densley - Director


Camgo Electrical Ltd (Registered number: 12929222)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Camgo 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Camgo Electrical Ltd (Registered number: 12929222)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued

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 year was 43 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 - 265,953 265,953
Additions 393,900 322,446 716,346
At 31 October 2023 393,900 588,399 982,299
DEPRECIATION
At 1 November 2022 - 38,890 38,890
Charge for year - 111,768 111,768
At 31 October 2023 - 150,658 150,658
NET BOOK VALUE
At 31 October 2023 393,900 437,741 831,641
At 31 October 2022 - 227,063 227,063

5. DEBTORS
31.10.23 31.10.22
£    £   
Amounts falling due within one year:
Trade debtors 807,603 330,753
Other debtors 358,204 48,427
1,165,807 379,180

Amounts falling due after more than one year:
Other debtors - 773

Aggregate amounts 1,165,807 379,953

Camgo Electrical Ltd (Registered number: 12929222)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 92,378 67,129
Trade creditors 468,197 96,433
Taxation and social security 213,384 89,912
Other creditors 760,016 155,376
1,533,975 408,850

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Hire purchase contracts 163,869 92,527
Other creditors - 43,261
163,869 135,788

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 163,869 -

Camgo Electrical Ltd

Report of the Accountant to the Directors of
Camgo Electrical Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Accountancy and Business Improvement Ltd
The Oast House
Suite 3
5 Mead Lane
Farnham
Surrey
GU9 7DY


Date: .............................................