Company Registration No. 09250743 (England and Wales)
PB Electrical (NW) Ltd
Unaudited accounts
for the year ended 31 October 2023
PB Electrical (NW) Ltd
Unaudited accounts
Contents
PB Electrical (NW) Ltd
Company Information
for the year ended 31 October 2023
Directors
Paul Bates
Elaine Bates
Company Number
09250743 (England and Wales)
Registered Office
778 Windmill Lane
Dane Bank
Denton
M34 2FR
Accountants
Astute Accountancy Services Limited
30 Welton Drive
Wilmslow
Cheshire
SK9 6HE
PB Electrical (NW) Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
2,080
11,375
Creditors: amounts falling due within one year
5,925
(3,940)
Net current assets
5,078
10,212
Total assets less current liabilities
5,078
10,280
Creditors: amounts falling due after more than one year
(8,209)
(11,000)
Net liabilities
(3,131)
(720)
Called up share capital
10
10
Profit and loss account
(3,141)
(730)
Shareholders' funds
(3,131)
(720)
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 31 July 2024 and were signed on its behalf by
Paul Bates
Director
Company Registration No. 09250743
PB Electrical (NW) Ltd
Notes to the Accounts
for the year ended 31 October 2023
PB Electrical (NW) Ltd is a private company, limited by shares, registered in England and Wales, registration number 09250743. The registered office is 778 Windmill Lane, Dane Bank, Denton, M34 2FR.
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.
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:
Plant & machinery
15% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
8,756
4,100
925
13,781
At 31 October 2023
8,756
4,100
925
13,781
At 1 November 2022
8,688
4,100
925
13,713
Charge for the year
68
-
-
68
At 31 October 2023
8,756
4,100
925
13,781
At 31 October 2023
-
-
-
-
At 31 October 2022
68
-
-
68
Amounts falling due within one year
PB Electrical (NW) Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
(1,316)
(1,316)
Taxes and social security
4,861
6,707
Loans from directors
(9,470)
(1,451)
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).