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REGISTERED NUMBER: 11608353 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 August 2023

for

Wired By BLH Electrical Ltd

Wired By BLH Electrical Ltd (Registered number: 11608353)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Wired By BLH Electrical Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: B C Harrold
L K Holyhead





REGISTERED OFFICE: Brook House
Moss Grove
Kingswinford
United Kingdom
DY6 9HS





REGISTERED NUMBER: 11608353 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Wired By BLH Electrical Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wired By BLH Electrical Ltd for the year ended 31 August 2023 which comprise the Profit & Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Wired By BLH Electrical Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wired By BLH Electrical Ltd and state those matters that we have agreed to state to the Board of Directors of Wired By BLH Electrical Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wired By BLH Electrical Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wired By BLH Electrical Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Wired By BLH Electrical Ltd. You consider that Wired By BLH Electrical Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wired By BLH Electrical Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


3 July 2024

Wired By BLH Electrical Ltd (Registered number: 11608353)

Balance Sheet
31 August 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 93,467 53,875

CURRENT ASSETS
Stocks 4,200 2,800
Debtors 5 34,596 43,776
Cash at bank 8,898 5,435
47,694 52,011
CREDITORS
Amounts falling due within one year 6 (50,175 ) (30,658 )
NET CURRENT (LIABILITIES)/ASSETS (2,481 ) 21,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

90,986

75,228

CREDITORS
Amounts falling due after more than
one year

7

(69,591

)

(36,773

)

PROVISIONS FOR LIABILITIES (1,481 ) (10,236 )
NET ASSETS 19,914 28,219

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 19,912 28,217
19,914 28,219

Wired By BLH Electrical Ltd (Registered number: 11608353)

Balance Sheet - continued
31 August 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2024 and were signed on its behalf by:




B C Harrold - Director



L K Holyhead - Director


Wired By BLH Electrical Ltd (Registered number: 11608353)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Wired By BLH Electrical Ltd 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 cost
Motor vehicles - 25% on reducing balance
Tools and equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Wired By BLH Electrical Ltd (Registered number: 11608353)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

2. ACCOUNTING POLICIES - continued

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 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Tools and
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 2,503 61,122 18,018 81,643
Additions 167 72,937 966 74,070
Disposals - (36,669 ) - (36,669 )
At 31 August 2023 2,670 97,390 18,984 119,044
DEPRECIATION
At 1 September 2022 1,066 17,687 9,015 27,768
Charge for year 232 8,984 4,636 13,852
Eliminated on disposal - (16,043 ) - (16,043 )
At 31 August 2023 1,298 10,628 13,651 25,577
NET BOOK VALUE
At 31 August 2023 1,372 86,762 5,333 93,467
At 31 August 2022 1,437 43,435 9,003 53,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 32,138 27,043
Other debtors 2,458 16,733
34,596 43,776

Wired By BLH Electrical Ltd (Registered number: 11608353)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,894 4,894
Hire purchase contracts 10,949 -
Trade creditors 16,448 10,192
Taxation and social security (2,309 ) (6,236 )
Other creditors 20,193 21,808
50,175 30,658

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 8,564 13,458
Hire purchase contracts 61,027 -
Other creditors - 23,315
69,591 36,773

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire Purchase 71,975 34,054

The hire purchase agreements are secured on the assets concerned.