Company Registration No. 07147046 (England and Wales)
Paul Parker Electrical Limited
Unaudited accounts
for the year ended 5 April 2024
Paul Parker Electrical Limited
Unaudited accounts
Contents
Paul Parker Electrical Limited
Company Information
for the year ended 5 April 2024
Directors
Paul Parker
Anne Parker
Company Number
07147046 (England and Wales)
Registered Office
St Edmunds
Doddinghurst Road
Doddinghurst
Essex
CM150SN
United Kingdom
Accountants
Aces Accounts and Taxation Ltd
195 High Street
Ongar
Ongar
Essex
CM5 9JG
Paul Parker Electrical Limited
Statement of financial position
as at 5 April 2024
Tangible assets
23,614
28,068
Cash at bank and in hand
34,498
94,370
Creditors: amounts falling due within one year
(671)
(35,956)
Net current assets
34,248
59,399
Total assets less current liabilities
57,862
87,467
Creditors: amounts falling due after more than one year
(11,123)
(13,000)
Called up share capital
100
100
Profit and loss account
46,639
74,367
Shareholders' funds
46,739
74,467
For the year ending 5 April 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 1 October 2024 and were signed on its behalf by
Paul Parker
Director
Company Registration No. 07147046
Paul Parker Electrical Limited
Notes to the Accounts
for the year ended 5 April 2024
Paul Parker Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 07147046. The registered office is St Edmunds, Doddinghurst Road, Doddinghurst, Essex, CM150SN, United Kingdom.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
29,639
11,500
3,527
44,666
At 5 April 2024
29,841
11,500
3,527
44,868
At 6 April 2023
6,022
9,453
1,123
16,598
Charge for the year
3,543
512
601
4,656
At 5 April 2024
9,565
9,965
1,724
21,254
At 5 April 2024
20,276
1,535
1,803
23,614
At 5 April 2023
23,617
2,047
2,404
28,068
Paul Parker Electrical Limited
Notes to the Accounts
for the year ended 5 April 2024
Amounts falling due within one year
Accrued income and prepayments
-
(1,181)
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
16,287
Loans from directors
340
19,699
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
2,123
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 0).