2 false false false false false false false false false false true false false false false false false No description of principal activity 2022-08-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 10850275 2022-08-01 2023-07-31 10850275 2023-07-31 10850275 2022-07-31 10850275 2021-08-01 2022-07-31 10850275 2022-07-31 10850275 2021-07-31 10850275 bus:Director1 2022-08-01 2023-07-31 10850275 core:WithinOneYear 2023-07-31 10850275 core:WithinOneYear 2022-07-31 10850275 core:AfterOneYear 2023-07-31 10850275 core:AfterOneYear 2022-07-31 10850275 bus:Director1 2022-07-31 10850275 bus:Director1 2023-07-31 10850275 bus:Director1 2021-07-31 10850275 bus:Director1 2022-07-31 10850275 bus:Director1 2021-08-01 2022-07-31 10850275 bus:Micro-entities 2022-08-01 2023-07-31 10850275 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10850275 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10850275 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10850275 bus:FullAccounts 2022-08-01 2023-07-31
COMPANY REGISTRATION NUMBER: 10850275
A7 Electrical Solutions Limited
Filleted Unaudited Financial Statements
31 July 2023
A7 Electrical Solutions Limited
Statement of Financial Position
31 July 2023
2023
2022
£
£
£
£
Fixed assets
14,391
17,853
---------
---------
Current assets
275,602
217,735
Prepayments and accrued income
2,492
1,207
----------
----------
278,094
218,942
Creditors: amounts falling due within one year
116,588
105,703
----------
----------
Net current assets
161,506
113,239
----------
----------
Total assets less current liabilities
175,897
131,092
Creditors: amounts falling due after more than one year
17,222
26,631
Accruals and deferred income
3,275
3,015
----------
----------
155,400
101,446
----------
----------
Capital and reserves
155,400
101,446
----------
----------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr A Bowen
126,406
71,183
( 37,430)
160,159
----------
---------
---------
----------
2022
Balance brought forward
Advances/ (credits) to the directors
Amounts repaid
Balance outstanding
£
£
£
£
Mr A Bowen
97,155
67,341
( 38,090)
126,406
---------
---------
---------
----------
Interest is charged on any period the loan is overdrawn at a rate of 2% until March 2023 and 2.25% thereafter. The loan is repayable on demand.
For the year ending 31st July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 April 2024 , and are signed on behalf of the board by:
Mr A Bowen
Director
Company registration number: 10850275
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Emstrey House (North), Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.