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Unaudited Financial Statements

for the Year Ended 30 June 2024

for

KFH Electrical Services Ltd

KFH Electrical Services Ltd (Registered number: 06587942)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KFH Electrical Services Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: C Beckett
D McMenamin
J W Beckett
F Moolchan





REGISTERED OFFICE: 146 High Street
Billericay
Essex
CM12 9DF





REGISTERED NUMBER: 06587942 (England and Wales)





ACCOUNTANTS: Michael Letch & Partners LLP
Accountants
146 High Street
Billericay
Essex
CM12 9DF

KFH Electrical Services Ltd (Registered number: 06587942)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,167 24,062

CURRENT ASSETS
Debtors 5 230,392 140,496
Cash at bank and in hand 147,726 290,194
378,118 430,690
CREDITORS
Amounts falling due within one year 6 136,207 187,287
NET CURRENT ASSETS 241,911 243,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,078

267,465

CREDITORS
Amounts falling due after more than one
year

7

(15,331

)

(29,571

)

PROVISIONS FOR LIABILITIES (4,582 ) (6,016 )
NET ASSETS 241,165 231,878

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 241,064 231,777
241,165 231,878

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

KFH Electrical Services Ltd (Registered number: 06587942)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:





C Beckett - Director


KFH Electrical Services Ltd (Registered number: 06587942)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

KFH Electrical Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 10 ) .

KFH Electrical Services Ltd (Registered number: 06587942)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 35,625 1,425 37,050
Additions - 2,214 2,214
At 30 June 2024 35,625 3,639 39,264
DEPRECIATION
At 1 July 2023 12,280 708 12,988
Charge for year 5,836 1,273 7,109
At 30 June 2024 18,116 1,981 20,097
NET BOOK VALUE
At 30 June 2024 17,509 1,658 19,167
At 30 June 2023 23,345 717 24,062

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 230,392 133,440
Other debtors - 7,056
230,392 140,496

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,240 13,981
Trade creditors 83,521 67,381
Taxation and social security 36,847 59,383
Other creditors 1,599 46,542
136,207 187,287

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 15,331 29,571