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REGISTERED NUMBER: 08953420 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 March 2024

for

CW Electrical (Sussex) Limited

CW Electrical (Sussex) Limited (Registered number: 08953420)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CW Electrical (Sussex) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: C A Walter





REGISTERED OFFICE: Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF





REGISTERED NUMBER: 08953420 (England and Wales)





ACCOUNTANTS: Price Green & Co
Lynnem House
1 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

CW Electrical (Sussex) Limited (Registered number: 08953420)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,891 10,431

CURRENT ASSETS
Debtors 5 23,595 15,534
Cash at bank 40,636 39,220
64,231 54,754
CREDITORS
Amounts falling due within one year 6 35,177 30,694
NET CURRENT ASSETS 29,054 24,060
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,945

34,491

CREDITORS
Amounts falling due after more than one
year

7

(5,671

)

(9,657

)

PROVISIONS FOR LIABILITIES 8 (1,309 ) (1,982 )
NET ASSETS 28,965 22,852

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 28,865 22,752
SHAREHOLDERS' FUNDS 28,965 22,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CW Electrical (Sussex) Limited (Registered number: 08953420)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 1 August 2024 and were signed by:





C A Walter - Director


CW Electrical (Sussex) Limited (Registered number: 08953420)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CW Electrical (Sussex) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

Hire purchase and leasing commitments
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 2 (2023 - 3 ) .

CW Electrical (Sussex) Limited (Registered number: 08953420)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 535 666 37,289 4,069 42,559
Additions - - - 484 484
Disposals - - (17,248 ) - (17,248 )
At 31 March 2024 535 666 20,041 4,553 25,795
DEPRECIATION
At 1 April 2023 366 614 27,079 4,069 32,128
Charge for year 42 13 2,121 121 2,297
Eliminated on disposal - - (15,521 ) - (15,521 )
At 31 March 2024 408 627 13,679 4,190 18,904
NET BOOK VALUE
At 31 March 2024 127 39 6,362 363 6,891
At 31 March 2023 169 52 10,210 - 10,431

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 23,595 15,534

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,003 3,996
Trade creditors 369 -
Taxation and social security 24,318 17,168
Other creditors 6,487 9,530
35,177 30,694

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 5,671 9,657

8. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 1,309 1,982

CW Electrical (Sussex) Limited (Registered number: 08953420)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 1,982
Accelerated capital allowances (673 )
Balance at 31 March 2024 1,309

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £35,444 (2023 - £56,500) were paid to the director .

Included in other creditors is £3,645 (2023 - £7,720) owed to the director Mr C Walter. by the company.

The company was controlled throughout the current and previous year by the director Mr C Walter.