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REGISTERED NUMBER: 08072504 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cranham Electrical Limited

Cranham Electrical Limited (Registered number: 08072504)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cranham Electrical Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P Watts





REGISTERED OFFICE: 66 Moor Lane
Cranham
Upminster
Essex
RM14 1EU





REGISTERED NUMBER: 08072504 (England and Wales)





ACCOUNTANTS: NSO Associates LLP
75 Springfield Road
Chelmsford
Essex
CM2 6JB

Cranham Electrical Limited (Registered number: 08072504)

Balance Sheet
31 March 2024

31.3.23 31.3.24
£    £    Notes £    £   
FIXED ASSETS
8,058 Tangible assets 4 6,044

CURRENT ASSETS
11,680 Debtors 5 18,097
1,218 Cash at bank 3,423
12,898 21,520
CREDITORS
11,365 Amounts falling due within one year 6 16,061
1,533 NET CURRENT ASSETS 5,459
9,591 TOTAL ASSETS LESS CURRENT
LIABILITIES

11,503

CREDITORS
(5,833 ) Amounts falling due after more than one
year

7

(3,333

)

(1,531 ) PROVISIONS FOR LIABILITIES (1,148 )
2,227 NET ASSETS 7,022

CAPITAL AND RESERVES
1 Called up share capital 1
2,226 Retained earnings 7,021
2,227 SHAREHOLDERS' FUNDS 7,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Cranham Electrical Limited (Registered number: 08072504)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 August 2024 and were signed by:





P Watts - Director


Cranham Electrical Limited (Registered number: 08072504)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cranham Electrical Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents invoiced sales of services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Cranham Electrical Limited (Registered number: 08072504)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 25,935
DEPRECIATION
At 1 April 2023 17,877
Charge for year 2,014
At 31 March 2024 19,891
NET BOOK VALUE
At 31 March 2024 6,044
At 31 March 2023 8,058

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,380 -
Other debtors 16,717 11,680
18,097 11,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 2,500 2,500
Taxation and social security 11,516 7,512
Other creditors 2,045 1,353
16,061 11,365

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 3,333 5,833

8. POST BALANCE SHEET EVENTS

There were no post balance sheet items that require bringing to the attention of the shareholders or creditors.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Watts.