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Company Registration No. 07803496 (England and Wales)
DAA Electrical Ltd Unaudited accounts for the year ended 31 October 2023
DAA Electrical Ltd Unaudited accounts Contents
Page
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DAA Electrical Ltd Company Information for the year ended 31 October 2023
Directors
Dimitar Angelov Maria ZABINSKA
Company Number
07803496 (England and Wales)
Registered Office
9a Westland Road Watford WD17 1QR United Kingdom
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DAA Electrical Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
503 
1,232 
Current assets
Debtors
110,589 
34,441 
Cash at bank and in hand
118,405 
151,649 
228,994 
186,090 
Creditors: amounts falling due within one year
(171,356)
(133,431)
Net current assets
57,638 
52,659 
Net assets
58,141 
53,891 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
58,041 
53,791 
Shareholders' funds
58,141 
53,891 
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 8 July 2024 and were signed on its behalf by
Dimitar Angelov Director Company Registration No. 07803496
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DAA Electrical Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
DAA Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07803496. The registered office is 9a Westland Road, Watford, WD17 1QR, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Plant & machinery
20%
Computer equipment
50%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
1,042 
1,041 
2,083 
At 31 October 2023
1,042 
1,041 
2,083 
Depreciation
At 1 November 2022
330 
521 
851 
Charge for the year
209 
520 
729 
At 31 October 2023
539 
1,041 
1,580 
Net book value
At 31 October 2023
503 
- 
503 
At 31 October 2022
712 
520 
1,232 
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DAA Electrical Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,297 
12,668 
Trade debtors
106,292 
21,423 
Other debtors
- 
350 
110,589 
34,441 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,279 
9,584 
Trade creditors
12,727 
21,505 
Taxes and social security
21,197 
11,832 
Other creditors
1,991 
1,510 
Loans from directors
78,577 
89,000 
Accruals
51,585 
- 
171,356 
133,431 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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