Company Registration No. 10489106 (England and Wales)
Cardean Electrical Services Limited
Unaudited accounts
for the year ended 31 December 2023
Cardean Electrical Services Limited
Unaudited accounts
Contents
Cardean Electrical Services Limited
Company Information
for the year ended 31 December 2023
Directors
Mr Peter Fraser Carnochan
Mr Craige Jamie Deaney
Company Number
10489106 (England and Wales)
Registered Office
58 Glenester Close
Hoddesdon
England
EN11 9LR
ENGLAND
Accountants
Accounting Wise Ltd
3 The Carriages
Station Road
Ware
Hertfordshire
SG129PL
Cardean Electrical Services Limited
Statement of financial position
as at 31 December 2023
Called up share capital not paid
2
2
Tangible assets
6,180
14,659
Cash at bank and in hand
150,868
143,218
Creditors: amounts falling due within one year
(99,782)
(100,992)
Net current assets
100,306
75,126
Total assets less current liabilities
106,488
89,787
Creditors: amounts falling due after more than one year
(29,420)
(35,782)
Called up share capital
2
2
Revaluation reserve
7,834
7,834
Profit and loss account
69,232
46,169
Shareholders' funds
77,068
54,005
For the year ending 31 December 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 9 August 2024 and were signed on its behalf by
Mr Peter Fraser Carnochan
Director
Company Registration No. 10489106
Cardean Electrical Services Limited
Notes to the Accounts
for the year ended 31 December 2023
Cardean Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10489106. The registered office is 58 Glenester Close, Hoddesdon, England, EN11 9LR, ENGLAND.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
33.33% SLM
Fixtures & fittings
20% SLM
Computer equipment
33.33% SLM
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
23,733
491
2,794
27,018
At 31 December 2023
23,733
968
2,794
27,495
At 1 January 2023
10,854
201
1,304
12,359
Charge for the year
7,911
114
931
8,956
At 31 December 2023
18,765
315
2,235
21,315
At 31 December 2023
4,968
653
559
6,180
At 31 December 2022
12,879
290
1,490
14,659
Cardean Electrical Services Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
35,114
15,122
Accrued income and prepayments
9,316
13,488
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Trade creditors
13,974
21,075
Taxes and social security
31,595
33,169
Other creditors
5,296
2,139
Loans from directors
39,234
38,609
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 3).