6 April 2023 false No description of principal activity Taxfiler 2024.5 07147046business:PrivateLimitedCompanyLtd2023-04-062024-04-05 071470462023-04-05 071470462023-04-062024-04-05 07147046business:AuditExempt-NoAccountantsReport2023-04-062024-04-05 07147046business:FilletedAccounts2023-04-062024-04-05 071470462024-04-05 07147046business:Director12023-04-062024-04-05 07147046business:Director22023-04-062024-04-05 07147046business:RegisteredOffice2023-04-062024-04-05 071470462023-04-05 07147046core:WithinOneYear2024-04-05 07147046core:WithinOneYear2023-04-05 07147046core:AfterOneYear2024-04-05 07147046core:AfterOneYear2023-04-05 07147046core:ShareCapitalcore:PreviouslyStatedAmount2024-04-05 07147046core:ShareCapitalcore:PreviouslyStatedAmount2023-04-05 07147046core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-05 07147046core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-05 07147046core:PreviouslyStatedAmount2024-04-05 07147046core:PreviouslyStatedAmount2023-04-05 07147046business:SmallEntities2023-04-062024-04-05 07147046countries:EnglandWales2023-04-062024-04-05 07147046core:PlantMachinery2023-04-062024-04-05 07147046core:MotorVehicles2023-04-062024-04-05 07147046core:ComputerEquipment2023-04-062024-04-05 07147046core:PlantMachinery2023-04-05 07147046core:MotorVehicles2023-04-05 07147046core:ComputerEquipment2023-04-05 07147046core:PlantMachinery2024-04-05 07147046core:MotorVehicles2024-04-05 07147046core:ComputerEquipment2024-04-05 071470462022-04-062023-04-05 iso4217:GBP xbrli:pure
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
Page
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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
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Paul Parker Electrical Limited Statement of financial position as at 5 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,614 
28,068 
Current assets
Debtors
421 
985 
Cash at bank and in hand
34,498 
94,370 
34,919 
95,355 
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)
Net assets
46,739 
74,467 
Capital and reserves
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
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Paul Parker Electrical Limited Notes to the Accounts for the year ended 5 April 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15%
Motor vehicles
25%
Computer equipment
25%
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 
Additions
202 
- 
- 
202 
At 5 April 2024
29,841 
11,500 
3,527 
44,868 
Depreciation
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 
Net book value
At 5 April 2024
20,276 
1,535 
1,803 
23,614 
At 5 April 2023
23,617 
2,047 
2,404 
28,068 
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Paul Parker Electrical Limited Notes to the Accounts for the year ended 5 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
421 
- 
Trade debtors
- 
2,166 
Accrued income and prepayments
- 
(1,181)
421 
985 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(412)
Taxes and social security
- 
16,287 
Loans from directors
340 
19,699 
Accruals
331 
382 
671 
35,956 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,000 
- 
Other creditors
- 
13,000 
Taxes and social security
2,123 
- 
11,123 
13,000 
8
Average number of employees
During the year the average number of employees was 2 (2023: 0).
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