IRIS Accounts Production v24.1.0.578 09239375 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 A Ordinary 1.00000 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092393752022-09-30092393752023-09-30092393752022-10-012023-09-30092393752021-09-30092393752021-10-012022-09-30092393752022-09-3009239375ns15:EnglandWales2022-10-012023-09-3009239375ns14:PoundSterling2022-10-012023-09-3009239375ns10:Director12022-10-012023-09-3009239375ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3009239375ns10:SmallEntities2022-10-012023-09-3009239375ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3009239375ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3009239375ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3009239375ns10:FullAccounts2022-10-012023-09-3009239375ns10:OrdinaryShareClass12022-10-012023-09-3009239375ns10:OrdinaryShareClass22022-10-012023-09-3009239375ns10:OrdinaryShareClass112022-10-012023-09-30092393752ns10:OrdinaryShareClass22022-10-012023-09-3009239375ns10:Director22022-10-012023-09-3009239375ns10:CompanySecretary12022-10-012023-09-3009239375ns10:RegisteredOffice2022-10-012023-09-3009239375ns5:CurrentFinancialInstruments2023-09-3009239375ns5:CurrentFinancialInstruments2022-09-3009239375ns5:Non-currentFinancialInstruments2023-09-3009239375ns5:Non-currentFinancialInstruments2022-09-3009239375ns5:ShareCapital2023-09-3009239375ns5:ShareCapital2022-09-3009239375ns5:RetainedEarningsAccumulatedLosses2023-09-3009239375ns5:RetainedEarningsAccumulatedLosses2022-09-3009239375ns5:PlantMachinery2022-10-012023-09-3009239375ns5:MotorVehicles2022-10-012023-09-3009239375ns5:ComputerEquipment2022-10-012023-09-3009239375ns5:PlantMachinery2022-09-3009239375ns5:MotorVehicles2022-09-3009239375ns5:ComputerEquipment2022-09-3009239375ns5:PlantMachinery2023-09-3009239375ns5:MotorVehicles2023-09-3009239375ns5:ComputerEquipment2023-09-3009239375ns5:PlantMachinery2022-09-3009239375ns5:MotorVehicles2022-09-3009239375ns5:ComputerEquipment2022-09-3009239375ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-3009239375ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-012023-09-3009239375ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3009239375ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-3009239375ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3009239375ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3009239375ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-3009239375ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-09-3009239375ns10:OrdinaryShareClass12023-09-3009239375ns10:OrdinaryShareClass22023-09-30
REGISTERED NUMBER: 09239375 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

ACB ELECTRICAL & BUILDING SERVICES
LIMITED

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACB ELECTRICAL & BUILDING SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: G Boness
A D Peters





SECRETARY:





REGISTERED OFFICE: Unit 5D Manor Farm
Great North Rd
Lower Caldecote
Bedfordshire
SG18 9BB





REGISTERED NUMBER: 09239375 (England and Wales)





ACCOUNTANTS: Bayler Wood Associates Ltd
Chartered Certified Accountants
2 Church Lane
Walgrave
Northamptonshire
NN6 9QH

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,652 7,986

CURRENT ASSETS
Stocks 5 50,000 190,000
Debtors 6 198,221 295,196
Cash at bank 73,709 8
321,930 485,204
CREDITORS
Amounts falling due within one year 7 227,952 369,132
NET CURRENT ASSETS 93,978 116,072
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,630

124,058

CREDITORS
Amounts falling due after more than one
year

8

(80,486

)

(118,444

)

PROVISIONS FOR LIABILITIES (4,086 ) (1,483 )
NET ASSETS 31,058 4,131

CAPITAL AND RESERVES
Called up share capital 9 100 1
Retained earnings 30,958 4,130
SHAREHOLDERS' FUNDS 31,058 4,131

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 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.

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:





G Boness - Director


ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

ACB Electrical & Building Services Limited 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 relates to work done, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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 11 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 1,779 13,995 2,736 18,510
Additions - 16,250 1,580 17,830
At 30 September 2023 1,779 30,245 4,316 36,340
DEPRECIATION
At 1 October 2022 1,779 6,998 1,747 10,524
Charge for year - 3,341 823 4,164
At 30 September 2023 1,779 10,339 2,570 14,688
NET BOOK VALUE
At 30 September 2023 - 19,906 1,746 21,652
At 30 September 2022 - 6,997 989 7,986

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2022
and 30 September 2023 13,995
DEPRECIATION
At 1 October 2022 6,998
Charge for year 2,799
At 30 September 2023 9,797
NET BOOK VALUE
At 30 September 2023 4,198
At 30 September 2022 6,997

5. STOCKS
30.9.23 30.9.22
£    £   
Stocks and Work-in-progress 50,000 190,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 191,279 273,983
VAT 6,942 21,213
198,221 295,196

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 35,500 40,933
Hire purchase contracts 2,799 2,799
Trade creditors 55,030 98,002
Social security and other taxes 77,866 158,343
Other creditors 27,264 47,211
Directors loan account 22 36
Sundry creditors and accruals 29,471 21,808
227,952 369,132

ACB ELECTRICAL & BUILDING SERVICES
LIMITED (REGISTERED NUMBER: 09239375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans 79,086 114,245
Hire purchase contracts 1,400 4,199
80,486 118,444

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
65 Ordinary £1 65 1
35 A Ordinary £1 35 -
100 1

The following shares were allotted and fully paid for cash at par during the year:

64 Ordinary shares of £1 each
35 A Ordinary shares of £1 each