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Company Registration No. 11685357 (England and Wales)
AP Electrical Ltd Unaudited accounts for the year ended 30 November 2023
AP Electrical Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,547 
18,987 
Current assets
Debtors
346,892 
286,601 
Cash at bank and in hand
289,671 
83,647 
636,563 
370,248 
Creditors: amounts falling due within one year
(206,288)
(117,106)
Net current assets
430,275 
253,142 
Total assets less current liabilities
463,822 
272,129 
Creditors: amounts falling due after more than one year
(4,314)
(7,225)
Net assets
459,508 
264,904 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
459,505 
264,901 
Shareholders' funds
459,508 
264,904 
For the year ending 30 November 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Jordan Phillips Director Company Registration No. 11685357
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AP Electrical Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
AP Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 11685357. The registered office is The Crawler Shed, Housham Hall Farm, Matching Tye, Harlow, CM17 0PB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
26,498 
832 
27,330 
Additions
21,124 
1,823 
22,947 
At 30 November 2023
47,622 
2,655 
50,277 
Depreciation
At 1 December 2022
8,176 
167 
8,343 
Charge for the year
7,889 
498 
8,387 
At 30 November 2023
16,065 
665 
16,730 
Net book value
At 30 November 2023
31,557 
1,990 
33,547 
At 30 November 2022
18,322 
665 
18,987 
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AP Electrical Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
19,229 
- 
Trade debtors
327,663 
256,673 
Other debtors
- 
29,928 
346,892 
286,601 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
3,191 
3,280 
VAT
- 
4,418 
Obligations under finance leases and hire purchase contracts
13,099 
- 
Trade creditors
66,361 
45,258 
Taxes and social security
93,436 
64,150 
Other creditors
29,378 
- 
Loans from directors
823 
- 
206,288 
117,106 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,314 
7,225 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
9
Average number of employees
During the year the average number of employees was 8 (2022: 4).
- 4 -