Company Registration No. 13365379 (England and Wales)
KHANZ ELECTRICAL SERVICES LIMITED
accounts
for the year ended 30 April 2024
KHANZ ELECTRICAL SERVICES LIMITED
accounts
Contents
KHANZ ELECTRICAL SERVICES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
8,350
10,438
Cash at bank and in hand
8,903
17,064
Creditors: amounts falling due within one year
(33,765)
(45,322)
Net current assets
9,321
6,084
Called up share capital
100
100
Profit and loss account
17,571
16,422
Shareholders' funds
17,671
16,522
For the year ending 30 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 director acknowledges his 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 and authorised for issue on 12 September 2024 and were signed on its behalf by
Walid KHAN
Director
Company Registration No. 13365379
KHANZ ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
KHANZ ELECTRICAL SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13365379. The registered office is 40 ALDERMAN AVENUE, BARKING, IG11 0LX, ENGLAND.
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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
20% reducing balance
Motor vehicles
20% reducing balance
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
2,310
14,000
16,310
At 30 April 2024
2,310
14,000
16,310
At 1 May 2023
832
5,040
5,872
Charge for the year
296
1,792
2,088
At 30 April 2024
1,128
6,832
7,960
At 30 April 2024
1,182
7,168
8,350
At 30 April 2023
1,478
8,960
10,438
Amounts falling due within one year
Accrued income and prepayments
20,781
26,842
Other debtors
13,402
7,500
KHANZ ELECTRICAL SERVICES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
851
738
Other creditors
2,788
15,295
Deferred income
28,426
28,426
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Average number of employees
During the year the average number of employees was 3 (2023: 2).