Company Registration No. 13913929 (England and Wales)
PROACTIVE ELECTRICAL SERVICES LTD
Unaudited accounts
for the year ended 29 February 2024
PROACTIVE ELECTRICAL SERVICES LTD
Unaudited accounts
Contents
PROACTIVE ELECTRICAL SERVICES LTD
Company Information
for the year ended 29 February 2024
Company Number
13913929 (England and Wales)
Registered Office
UNIT 5 FEN END
STOTFOLD
HITCHIN
SG5 4BA
ENGLAND
Accountants
NUMBER CRUNCHING LTD
UNIT 5
FEN END
STOTFOLD
HERTS
SG5 4BA
PROACTIVE ELECTRICAL SERVICES LTD
Statement of financial position
as at 29 February 2024
Tangible assets
34,138
45,586
Cash at bank and in hand
258
20,561
Creditors: amounts falling due within one year
(34,900)
(52,916)
Net current (liabilities)/assets
(10,833)
7,049
Total assets less current liabilities
23,305
52,635
Creditors: amounts falling due after more than one year
-
(9,937)
Provisions for liabilities
Deferred tax
(9,958)
(12,129)
Called up share capital
2
2
Profit and loss account
13,345
30,567
Shareholders' funds
13,347
30,569
For the year ending 29 February 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 5 September 2024 and were signed on its behalf by
Michael Le Sage
Director
Company Registration No. 13913929
PROACTIVE ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
PROACTIVE ELECTRICAL SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 13913929. The registered office is UNIT 5 FEN END, STOTFOLD, HITCHIN, SG5 4BA, 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.
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.
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% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
straight line over 3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
1,757
58,750
308
60,815
At 29 February 2024
1,757
58,750
308
60,815
At 1 March 2023
439
14,687
103
15,229
Charge for the year
329
11,016
103
11,448
At 29 February 2024
768
25,703
206
26,677
At 29 February 2024
989
33,047
102
34,138
At 28 February 2023
1,318
44,063
205
45,586
PROACTIVE ELECTRICAL SERVICES LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
41
6,197
Other debtors
21,256
15,085
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
7,148
Trade creditors
6,879
28,528
Taxes and social security
(6,580)
406
Other creditors
24,280
6,356
Loans from directors
9,971
10,128
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
9,937
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).