2023-04-01 08212253 2024-03-31 08212253 2023-04-01 2024-03-31 08212253 2023-03-31 08212253 2022-04-01 2023-03-31 08212253 uk-core:WithinOneYear 2023-03-31 08212253 uk-core:WithinOneYear 2024-03-31 08212253 uk-core:AfterOneYear 2023-03-31 08212253 uk-core:AfterOneYear 2024-03-31 08212253 uk-core:ShareCapital 2024-03-31 08212253 uk-core:ShareCapital 2023-03-31 08212253 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08212253 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 08212253 uk-bus:Director1 2023-04-01 2024-03-31 08212253 uk-core:FurnitureFittings 2023-03-31 08212253 uk-core:CommercialMotorVehicles 2023-03-31 08212253 uk-core:FurnitureFittings 2023-04-01 2024-03-31 08212253 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 08212253 uk-core:CommercialMotorVehicles 2024-03-31 08212253 uk-core:FurnitureFittings 2024-03-31 08212253 uk-core:AfterOneYear uk-core:Secured 2024-03-31 08212253 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 08212253 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08212253 uk-bus:FRS102 2023-04-01 2024-03-31 08212253 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 08212253 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
LPS Electrical Contractors Limited
Registered Number:08212253
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
LPS Electrical Contractors Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08212253
As at 31 March 2024
LPS Electrical Contractors Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
38,025
58,648
2
38,025
58,648
Current assets
Trade and other receivables
1,426
167
3
56,329
Cash and cash equivalents
40,381
40,548
57,755
Trade and other payables: amounts falling due within one
year
(18,908)
(6,996)
4
38,847
33,552
Net current assets
Total assets less current liabilities
71,577
97,495
Trade and other payables: amounts falling due after more
than one year
(34,374)
(24,713)
5
46,864
Net assets
63,121
Capital and reserves
Called up share capital
100
100
Retained earnings
46,764
63,021
46,864
63,121
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Lewis Patterson Director
These financial statements were approved and authorised for issue by the Board on 18 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2024
LPS Electrical Contractors Limited
Notes to the Financial Statements
Statutory Information
LPS Electrical Contractors Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08212253.
Registered address:
28 Alexander Drive
Cirencester
Gloucestershire
GL7 1UG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
£
£
£
Cost or
valuation
At 01 April 2023
88,557
1,208
87,349
-
(28,949)
Disposals
(28,949)
At 31 March 2024
58,400
1,208
59,608
Provision for depreciation and impairment
At 01 April 2023
29,909
435
29,474
Charge for year
9,468
124
9,344
(17,794)
-
(17,794)
On disposal
At 31 March 2024
21,583
559
21,024
At 31 March 2024
Net book value
37,376
649
38,025
At 31 March 2023
57,875
773
58,648
3. Trade and other receivables
2023
2024
£
£
Other debtors
167
1,426
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5
For the year ended 31 March 2024
LPS Electrical Contractors Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
(1)
Taxation and social security
6,252
-
Other creditors
744
18,909
6,996
18,908
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
24,713
34,374
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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