Company Registration No. 5338848 (England and Wales)
B & W Electrical Limited
Unaudited accounts
for the year ended 31 March 2024
B & W Electrical Limited
Unaudited accounts
Contents
B & W Electrical Limited
Company Information
for the year ended 31 March 2024
Company Number
5338848 (England and Wales)
Registered Office
Brook House
Malthouse Row
Dunstall Hill
Dunstall
DE13 8BE
Accountants
Diamond Accountancy Services Ltd
22 Chestnut Lane
Clifton Campville
Tamworth
Staffordshire
B79 0BN
B & W Electrical Limited
Statement of financial position
as at 31 March 2024
Tangible assets
31,153
40,961
Cash at bank and in hand
18,179
30,976
Creditors: amounts falling due within one year
(88,003)
(111,812)
Net current assets
13,934
7,730
Called up share capital
4
4
Profit and loss account
45,083
48,687
Shareholders' funds
45,087
48,691
For the year ending 31 March 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
David Wright
Director
Company Registration No. 5338848
B & W Electrical Limited
Notes to the Accounts
for the year ended 31 March 2024
B & W Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 5338848. The registered office is Brook House, Malthouse Row, Dunstall Hill, Dunstall, DE13 8BE.
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% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
20,840
84,807
105,647
At 31 March 2024
22,254
84,807
107,061
At 1 April 2023
19,363
45,323
64,686
Charge for the year
1,351
9,871
11,222
At 31 March 2024
20,714
55,194
75,908
At 31 March 2024
1,540
29,613
31,153
At 31 March 2023
1,477
39,484
40,961
B & W Electrical Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
72,899
79,816
Accrued income and prepayments
3,830
1,333
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,277
33,205
Obligations under finance leases and hire purchase contracts
26,372
29,350
Trade creditors
16,380
21,148
Taxes and social security
20,459
24,090
Other creditors
1,515
4,019
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).