Company Registration No. 06702152 (England and Wales)
XTREME ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
for the period from 1 November 2022 to 31 December 2023
XTREME ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
Contents
XTREME ELECTRICAL CONTRACTORS LIMITED
Company Information
for the period from 1 November 2022 to 31 December 2023
Directors
Julian LEIBER
julian STONES
Company Number
06702152 (England and Wales)
Registered Office
14 BUTTERWICK CLOSE
FOREST TOWN
MANSFIELD
NOTTINGHAMSHIRE
NG19 0QP
Accountants
Cramar Ltd
Suite 8, Stapleford Business Hub
1 Toton Lane
Stapleford
Nottingham
NG9 7JQ
XTREME ELECTRICAL CONTRACTORS LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
1,410
1,281
Cash at bank and in hand
(1,439)
6,916
Creditors: amounts falling due within one year
(66,074)
(12,014)
Net current (liabilities)/assets
(43,411)
10,902
Total assets less current liabilities
(42,001)
12,183
Creditors: amounts falling due after more than one year
-
(12,000)
Net (liabilities)/assets
(42,001)
183
Called up share capital
2
2
Profit and loss account
(42,003)
181
Shareholders' funds
(42,001)
183
For the period 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 22 March 2024 and were signed on its behalf by
Julian LEIBER
Director
Company Registration No. 06702152
XTREME ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the period from 1 November 2022 to 31 December 2023
XTREME ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06702152. The registered office is 14 BUTTERWICK CLOSE, FOREST TOWN, MANSFIELD, NOTTINGHAMSHIRE, NG19 0QP.
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 period, 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.
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
25% on Cost
Motor vehicles
25% on Cost
Computer equipment
20% Reducing Balance
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. In addition the directors have confirmed that they will not recall their loans within 12 months. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support were withdrawn.
4
Tangible fixed assets
Total
XTREME ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the period from 1 November 2022 to 31 December 2023
5
Average number of employees
During the period the average number of employees was 3 (2022: 3).