Company Registration No. 10569615 (England and Wales)
Amped Electrical Solutions Ltd
Unaudited accounts
for the year ended 31 January 2024
Amped Electrical Solutions Ltd
Unaudited accounts
Contents
Amped Electrical Solutions Ltd
Company Information
for the year ended 31 January 2024
Directors
Darren James Abbott
Sarah Louise Abbott
Company Number
10569615 (England and Wales)
Registered Office
C/O Crittendens Accountants
Featherstone House High Street
Rochester
Kent
ME1 1DA
United Kingdom
Accountants
Crittendens Accountants
Featherstone House
High Street
Rochester
Kent
ME1 1DQ
Amped Electrical Solutions Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
36,639
48,852
Cash at bank and in hand
259,099
176,387
Creditors: amounts falling due within one year
(53,733)
(32,152)
Net current assets
258,341
186,937
Total assets less current liabilities
294,980
235,789
Creditors: amounts falling due after more than one year
(19,001)
(25,513)
Net assets
275,979
210,276
Called up share capital
100
100
Profit and loss account
275,879
210,176
Shareholders' funds
275,979
210,276
For the year ending 31 January 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 30 September 2024 and were signed on its behalf by
Sarah Louise Abbott
Director
Company Registration No. 10569615
Amped Electrical Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amped Electrical Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10569615. The registered office is C/O Crittendens Accountants, Featherstone House High Street, Rochester, Kent, ME1 1DA, United Kingdom.
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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% per annum on reducing balance
Computer equipment
25% per annum on reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
719
54,723
2,420
57,862
At 31 January 2024
719
54,723
2,420
57,862
At 1 February 2023
450
7,014
1,546
9,010
Charge for the year
67
11,927
219
12,213
At 31 January 2024
517
18,941
1,765
21,223
At 31 January 2024
202
35,782
655
36,639
At 31 January 2023
269
47,709
874
48,852
Amped Electrical Solutions Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
14,374
9,801
Other debtors
37,950
26,238
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Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,011
5,520
Trade creditors
4,171
10,384
Taxes and social security
41,566
14,821
Loans from directors
138
197
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Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
19,001
25,513
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Average number of employees
During the year the average number of employees was 2 (2023: 2).