Registered number
00595683
LEKTRIX INSTALLATIONS LIMITED
Filleted Accounts
31 December 2023
LEKTRIX INSTALLATIONS LIMITED
Registered number: 00595683
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 60,868 45,637
Current assets
Stocks 1,450 1,450
Debtors 4 25,140 18,841
Cash at bank and in hand 98,378 135,908
124,968 156,199
Creditors: amounts falling due within one year 5 (110,980) (115,710)
Net current assets 13,988 40,489
Net assets 74,856 86,126
Capital and reserves
Called up share capital 500 500
Profit and loss account 74,356 85,626
Shareholders' funds 74,856 86,126
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Oliver Lee
Director
Approved by the board on 9 July 2024
LEKTRIX INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 8 6
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 January 2023 29,921 137,776 167,697
Additions 714 40,950 41,664
Disposals - (49,391) (49,391)
At 31 December 2023 30,635 129,335 159,970
Depreciation
At 1 January 2023 28,233 93,827 122,060
Charge for the year 565 25,867 26,432
On disposals - (49,390) (49,390)
At 31 December 2023 28,798 70,304 99,102
Net book value
At 31 December 2023 1,837 59,031 60,868
At 31 December 2022 1,688 43,949 45,637
4 Debtors 2023 2022
£ £
Trade debtors 25,140 18,841
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 5,171 -
Trade creditors 9,671 22,518
Taxation and social security costs 41,479 50,701
Other creditors 54,659 42,491
110,980 115,710
6 Other information
LEKTRIX INSTALLATIONS LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
820 Garratt Lane
London
SW17 0LZ
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