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REGISTERED NUMBER: 09901620 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ELECTRO LIMITED

ELECTRO LIMITED (REGISTERED NUMBER: 09901620)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELECTRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mrs S Celen
A Celen





REGISTERED OFFICE: 11c Kings Parade
Cambridge
Cambridgeshire
CB2 1SJ





REGISTERED NUMBER: 09901620 (England and Wales)





ACCOUNTANTS: S J Kilshaw Partners Ltd
11c Kings Parade
Cambridge
Cambridgeshire
CB2 1SJ

ELECTRO LIMITED (REGISTERED NUMBER: 09901620)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,241 3,378

CURRENT ASSETS
Debtors 5 53,590 42,430
Cash at bank 15,177 49,155
68,767 91,585
CREDITORS
Amounts falling due within one year 6 (66,793 ) (92,381 )
NET CURRENT ASSETS/(LIABILITIES) 1,974 (796 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,215

2,582

PROVISIONS FOR LIABILITIES (737 ) (642 )
NET ASSETS 4,478 1,940

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,378 1,840
SHAREHOLDERS' FUNDS 4,478 1,940

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

ELECTRO LIMITED (REGISTERED NUMBER: 09901620)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




Mrs S Celen - Director



A Celen - Director


ELECTRO LIMITED (REGISTERED NUMBER: 09901620)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Electro 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ELECTRO LIMITED (REGISTERED NUMBER: 09901620)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 9,280
Additions 1,140
At 31 December 2023 10,420
DEPRECIATION
At 1 January 2023 5,902
Charge for year 1,277
At 31 December 2023 7,179
NET BOOK VALUE
At 31 December 2023 3,241
At 31 December 2022 3,378

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 49,852 41,792
Other debtors 3,738 638
53,590 42,430

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 5,825 4,487
Taxation and social security 22,998 40,199
Other creditors 37,970 47,695
66,793 92,381

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling parties were S & A Celen.