Company Registration No. 09887750 (England and Wales)
COSTAS ELEC LTD
Unaudited accounts
for the year ended 31 March 2024
COSTAS ELEC LTD
Unaudited accounts
Contents
COSTAS ELEC LTD
Company Information
for the year ended 31 March 2024
Company Number
09887750 (England and Wales)
Registered Office
94 Hurst Lane
Birmingham
B34 7HN
Accountants
Parkers Accountancy And Taxation
590a Kingsbury Road
Erdington
Birmingham
B24 9ND
COSTAS ELEC LTD
Statement of financial position
as at 31 March 2024
Tangible assets
10,659
12,540
Cash at bank and in hand
17,541
38,302
Creditors: amounts falling due within one year
(564)
(564)
Net current assets
26,581
37,738
Total assets less current liabilities
37,240
50,278
Creditors: amounts falling due after more than one year
(38,222)
(49,296)
Net (liabilities)/assets
(982)
982
Called up share capital
1
1
Profit and loss account
(983)
981
Shareholders' funds
(982)
982
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 23 July 2024 and were signed on its behalf by
M C Economides
Director
Company Registration No. 09887750
COSTAS ELEC LTD
Notes to the Accounts
for the year ended 31 March 2024
COSTAS ELEC LTD is a private company, limited by shares, registered in England and Wales, registration number 09887750. The registered office is 94 Hurst Lane, Birmingham, B34 7HN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
COSTAS ELEC LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
5,223
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).