1 January 2023 false No description of principal activity Taxfiler 2024.5 09095674business:PrivateLimitedCompanyLtd2023-01-012023-12-31 090956742022-12-31 090956742023-01-012023-12-31 09095674business:AuditExemptWithAccountantsReport2023-01-012023-12-31 09095674business:FilletedAccounts2023-01-012023-12-31 090956742023-12-31 09095674business:Director12023-01-012023-12-31 09095674business:RegisteredOffice2023-01-012023-12-31 090956742022-12-31 09095674core:WithinOneYear2023-12-31 09095674core:WithinOneYear2022-12-31 09095674core:AfterOneYear2023-12-31 09095674core:AfterOneYear2022-12-31 09095674core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09095674core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 09095674core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09095674core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 09095674core:PreviouslyStatedAmount2023-12-31 09095674core:PreviouslyStatedAmount2022-12-31 09095674business:SmallEntities2023-01-012023-12-31 09095674countries:EnglandWales2023-01-012023-12-31 09095674core:PlantMachinery2023-01-012023-12-31 09095674core:PlantMachinery2022-12-31 09095674core:PlantMachinery2023-12-31 09095674core:AfterOneYear2023-01-012023-12-31 09095674business:Director112023-01-012023-12-31 09095674business:Director112022-12-31 09095674business:Director112023-12-31 090956742021-12-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09095674 (England and Wales)
ACAS Electrical Limited Accounts for the year ended 31 December 2023
ACAS Electrical Limited Accounts Contents
Page
- 2 -
ACAS Electrical Limited Company Information for the year ended 31 December 2023
Director
A Chunara
Company Number
09095674 (England and Wales)
Registered Office
440 Bradford Road Batley WF17 5LS
Accountants
CGI Accountants Ltd Branch House 31-33 Branch Road Batley West Yorkshire WF17 5SB
- 3 -
ACAS Electrical Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,746 
11,044 
Current assets
Inventories
70,473 
103,571 
Debtors
65,845 
48,059 
Cash at bank and in hand
158,907 
152,881 
295,225 
304,511 
Creditors: amounts falling due within one year
(171,943)
(195,596)
Net current assets
123,282 
108,915 
Total assets less current liabilities
138,028 
119,959 
Creditors: amounts falling due after more than one year
- 
(55,252)
Net assets
138,028 
64,707 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
138,018 
64,697 
Shareholders' funds
138,028 
64,707 
For the year ending 31 December 2023 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 18 October 2024 and were signed on its behalf by
A Chunara Director Company Registration No. 09095674
- 4 -
ACAS Electrical Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ACAS Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 09095674. The registered office is 440 Bradford Road, Batley, WF17 5LS.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% on reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
ACAS Electrical Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
41,142 
Additions
7,389 
At 31 December 2023
48,531 
Depreciation
At 1 January 2023
30,098 
Charge for the year
3,687 
At 31 December 2023
33,785 
Net book value
At 31 December 2023
14,746 
At 31 December 2022
11,044 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
60,509 
48,059 
Amounts due from group undertakings etc.
5,336 
- 
65,845 
48,059 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
19,707 
19,071 
Trade creditors
113,238 
134,604 
Taxes and social security
21,393 
13,368 
Proposed dividends
- 
10,000 
Other creditors
17,605 
18,553 
171,943 
195,596 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
- 
55,252 
Included in 'Creditors - amounts falling due after one year' is a balance of £0.00 (2022;£55252) due to the director. The outstanding balance owed is unsecured, interest free and can be repaid upon demand
- 6 -
ACAS Electrical Limited Notes to the Accounts for the year ended 31 December 2023
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A Chunara
Directors loan account
55,252 
- 
55,252 
- 
55,252 
- 
55,252 
- 
During the year the director entered into the above advances and credits with the company
9
Transactions with related parties
The company has taken advantage of FRS 102, section 33 and has chosen not to disclose related party transactions within the group.
10
Controlling party
By virtue of ownership of the entire issued share capital, ACAS Group Holdings Ltd (CRN: 14562047) a company registered in England & Wales is the ultimate parent company. The registered office address of the parent undertaking is 440 Bradford Road, Batley, West Yorkshire, WF17 5LS
11
Average number of employees
During the year the average number of employees was 9 (2022: 9).
- 7 -