11784350 2023-02-01 2024-01-31 11784350 uk-bus:Director1 2023-02-01 2024-01-31 11784350 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11784350 uk-bus:Micro-entities 2023-02-01 2024-01-31 11784350 uk-bus:FullAccounts 2023-02-01 2024-01-31 11784350 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11784350 curr:PoundSterling 2023-02-01 2024-01-31 11784350 2023-02-01 11784350 2024-01-31 11784350 2024-01-31 11784350 2022-02-01 2023-01-31 11784350 2023-01-31 xbrli:pure iso4217:GBP 11784350 2022-02-01 2023-01-31
Company Registration Number : 11784350 (England and Wales)
11784350
The company was trading for the entire period
false
The accounts were prepared in accordance with FRS102
The accounts have been audited
Full Accounts
This company is a private limited company
This company sells stuff to other companies
2024-01-31
ONE TOUCH ELECTRICAL LTD
Timothy Allen
2023-02-01
ONE TOUCH ELECTRICAL LTD
Contents
For the year ended 31 January 2024

CONTENTS PAGE
Company Information 3
Directors' Report 4
Accountant's Report 5
Income Statement 6
Statement of Financial Position 7
Detailed Income Statement 8

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ONE TOUCH ELECTRICAL LTD
Company Information
For the year ended 31 January 2024

Directors Timothy Allen
Laura Sach
Company number 11784350
Registered office Penthouse North Tudor Court
The Galleries
Brentwood
Essex
CM14 5FS
UK
Accountant
Sharon Burrows
Accountant
Kings House
101-135 Kings Road
CM14 4DR

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ONE TOUCH ELECTRICAL LTD
Directors' Report
For the year ended 31 January 2024

The directors present their report and the Unaudited Financial Statements of the company for the year ended 31 January 2024.
Principal activity
The principal activity of the company continued to be that of electrical installation and related works.
Directors of the company
The following directors held office during the whole of the period:
Laura Sach
Timothy Allen
Statement of directors' responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare such financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), FRS 105

Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to;

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent; and
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Signed on behalf of the board of directors
..........................................
Timothy Allen (Director)
Approved by the board on:
2024-06-24 24 June 2024

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ONE TOUCH ELECTRICAL LTD
Accountant's Report
For the year ended 31 January 2024

Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of ONE TOUCH ELECTRICAL LTD for the year ended 31 January 2024.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ONE TOUCH ELECTRICAL LTD for the year ended 31 January 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Sharon Burrows
Accountant
Kings House
101-135 Kings Road
CM14 4DR
2024-06-24 Date: 24 June 2024

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ONE TOUCH ELECTRICAL LTD
Income Statement
For the year ended 31 January 2024

2024 2023
£ £
Turnover 305,510 106,719
Other income 74 16
Cost of sales (92,315) (22,325)
Staff costs (47,600) (27,100)
Depreciation and other amounts written off assets (5,429) (5,429)
Other charges (17,438) (10,097)
Tax (34,438) (3,917)
Profit/(Loss) 108,365 37,867

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ONE TOUCH ELECTRICAL LTD
Statement of Financial Position
For the year ended 31 January 2024

2024-01-31
2024 2023
£ £
Fixed assets 16,177 21,605
Current assets 124,425 35,867
Prepayments and accrued income 0 395
Creditors: Amounts falling due within one year (40,821) (9,348)
Net current assets/(liabilities) 83,603 26,914
Total assets less current liabilities 99,780 48,519
Creditors: Amounts falling due more than one year (17,139) (20,243)
Net assets/(liabilities) 82,641 28,276
Capital and reserves 82,641 28,276
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Penthouse North Tudor Court, The Galleries, Brentwood, Essex, CM14 5FS.

2 Average number of employees
During the year, the average number of employees including director was 2 (2023:2).
For the year ending 31/01/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • For the year ending 31 January 2024 the company was entitled to exemption 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. 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS105, The Financial Reporting Standard applicable to the Micro-entities Regime.
Approved by the board of directors on 2024-06-24 24 June 2024 and signed on behalf of the board by:
.............................
Timothy Allen (Director)
Company registration number. 11784350

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ONE TOUCH ELECTRICAL LTD
Detailed Income Statement
For the year ended 31 January 2024

This section does not form part of the statutory accounts.

2024 2023
£ £
Turnover 305,510 106,719
Less: Cost of sales
Materials - Cost of Sale 9,885 18,480
Subcontractor Costs 82,429 3,845
92,315 22,325
Gross profit/(loss)
213,195 213,195
84,394 84,394
Less: Staff costs
Directors' Remuneration 21,600 21,600
Director Pension Contributions 26,000 5,500
47,600 27,100
Less: Administrative expenses
Motor Vehicle Expenses 1,642 1,064
Subsistence 3,533 1,852
Repairs and Renewals 140 183
Use of Home as Office 2,525 2,125
Training and Development 4,985 30
IT Costs 95 155
Accountancy, Bookkeeping and Auditing Fees 1,250 1,400
Insurance 1,590 1,937
Bank Fees 81 273
Sundry Expenses 1,596 1,078
17,438 10,097
Less: Depreciation
Depreciation of Commercial Vehicles 5,319 5,319
Depreciation of Equipment 110 110
5,429 5,429
Add: Interest receivable and similar income
Bank Interest 74 16
74 74 16 16
Net profit/(loss) for the year before tax
142,803 142,803
41,784 41,784
Less: Tax 34,438 3,917
Net profit/(loss) for the year after tax 108,365 37,867

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