Company Registration No. 08911904 (England and Wales)
Quickfix Electrical Service Ltd
Unaudited accounts
for the year ended 29 February 2024
Quickfix Electrical Service Ltd
Unaudited accounts
Contents
Quickfix Electrical Service Ltd
Company Information
for the year ended 29 February 2024
Directors
Robert Chwedorczuk
Marcin Jedrzejczyk
Company Number
08911904 (England and Wales)
Registered Office
5 BROOM WAY BROOM WAY
BLACKWATER
CAMBERLEY
SURREY
GU17 9DJ
ENGLAND
Accountants
Pro-AccX
58 Applegarth Avenue
Guildford
Surrey
GU2 8LY
Quickfix Electrical Service Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
8,028
9,269
Cash at bank and in hand
1,664
14,262
Creditors: amounts falling due within one year
(4,403)
(7,486)
Net current assets
1,498
7,925
Total assets less current liabilities
9,526
17,194
Creditors: amounts falling due after more than one year
(9,421)
(14,267)
Called up share capital
100
100
Profit and loss account
5
2,827
Shareholders' funds
105
2,927
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 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 17 September 2024 and were signed on its behalf by
Marcin Jedrzejczyk
Director
Company Registration No. 08911904
Quickfix Electrical Service Ltd
Notes to the Accounts
for the year ended 29 February 2024
Quickfix Electrical Service Ltd is a private company, limited by shares, registered in England and Wales, registration number 08911904. The registered office is 5 BROOM WAY BROOM WAY, BLACKWATER, CAMBERLEY, SURREY, GU17 9DJ, 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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term
liquid investments with original maturities of three months or less.
The company only has basic financial instruments measured at amortised costs, with no financial instruments classified as other or basic instruments measured at fair value.
Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Quickfix Electrical Service Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
766
9,175
9,941
At 29 February 2024
766
9,175
9,941
At 1 March 2023
60
612
672
Charge for the year
323
918
1,241
At 29 February 2024
383
1,530
1,913
At 29 February 2024
383
7,645
8,028
At 28 February 2023
706
8,563
9,269
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,237
4,602
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,796
6,142
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).