Company Registration No. 04806926 (England and Wales)
J Bradley Electrical Limited
Unaudited accounts
for the year ended 31 July 2024
J Bradley Electrical Limited
Unaudited accounts
Contents
J Bradley Electrical Limited
Company Information
for the year ended 31 July 2024
Directors
Mr J Bradley
Mrs J Bradley
Company Number
04806926 (England and Wales)
Registered Office
South Cottage
Wood Langham
Market Rasen
Lincolnshire
LN8 3QR
United Kingdom
Accountants
qbx- the quickbooks accountants
South Cottage
Wood Langham
Market Rasen
Lincolnshire
LN8 3QR
J Bradley Electrical Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
26,566
24,187
Creditors: amounts falling due within one year
(38,768)
(37,690)
Net current assets
590
235
Total assets less current liabilities
2,813
731
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
2,157
347
Shareholders' funds
2,257
447
For the year ending 31 July 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 3 October 2024 and were signed on its behalf by
Mrs J Bradley
Director
Company Registration No. 04806926
J Bradley Electrical Limited
Notes to the Accounts
for the year ended 31 July 2024
J Bradley Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 04806926. The registered office is South Cottage, Wood Langham, Market Rasen, Lincolnshire, LN8 3QR, 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.
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:
Land & buildings
10% on cost
Plant & machinery
25% reducing balance
Fixtures & fittings
25% on cost
Computer equipment
33% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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Intangible fixed assets
Goodwill
J Bradley Electrical Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
2,150
3,634
1,230
12,516
19,530
Additions
-
-
523
2,746
3,269
At 31 July 2024
2,150
3,634
1,753
15,262
22,799
At 1 August 2023
2,150
3,634
995
12,255
19,034
Charge for the year
-
-
366
1,176
1,542
At 31 July 2024
2,150
3,634
1,361
13,431
20,576
At 31 July 2024
-
-
392
1,831
2,223
At 31 July 2023
-
-
235
261
496
Amounts falling due within one year
Trade debtors
12,792
13,738
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,305
(2,967)
Taxes and social security
17,740
9,639
Loans from directors
8,639
18,503
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Average number of employees
During the year the average number of employees was 2 (2023: 2).