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REGISTERED NUMBER: 05545874 (England and Wales)















R J P Electrical Limited

Unaudited Financial Statements for the Year Ended 30 November 2023






R J P Electrical Limited (Registered number: 05545874)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


R J P Electrical Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: J Parker
A Brooks





REGISTERED OFFICE: Windcatch
11 Kellett Gate
Low Fulney
Spalding
Lincolnshire
PE12 6EH





REGISTERED NUMBER: 05545874 (England and Wales)





ACCOUNTANTS: Salway and Wright
32 The Crescent
Spalding
Lincolnshire
PE11 1AF

R J P Electrical Limited (Registered number: 05545874)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 192,322 222,743

CURRENT ASSETS
Stocks 21,400 42,650
Debtors 5 105,244 135,744
Cash at bank 5,747 5,477
132,391 183,871
CREDITORS
Amounts falling due within one year 6 325,035 395,994
NET CURRENT LIABILITIES (192,644 ) (212,123 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(322

)

10,620

CREDITORS
Amounts falling due after more than one
year

7

51,969

63,766
NET LIABILITIES (52,291 ) (53,146 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (52,391 ) (53,246 )
SHAREHOLDERS' FUNDS (52,291 ) (53,146 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

R J P Electrical Limited (Registered number: 05545874)

Balance Sheet - continued
30 November 2023


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 Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





J Parker - Director


R J P Electrical Limited (Registered number: 05545874)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

R J P Electrical 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.
Equipment - 25% on reducing balance
Motor vehicles - 25% 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 12 ) .

R J P Electrical Limited (Registered number: 05545874)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Motor
Equipment vehicles Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 390,333 276,878 667,211
DEPRECIATION
At 1 December 2022 263,797 180,671 444,468
Charge for year 15,877 14,544 30,421
At 30 November 2023 279,674 195,215 474,889
NET BOOK VALUE
At 30 November 2023 110,659 81,663 192,322
At 30 November 2022 126,536 96,207 222,743

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 105,244 135,744

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 9,100 9,100
Hire purchase contracts 14,144 21,700
Trade creditors 195,874 233,950
Taxation and social security 78,421 83,803
Other creditors 27,496 47,441
325,035 395,994

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 51,969 63,766

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,747 27,544