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Registered number: 09436203

1st Electrical Bristol Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024

Prepared By:
R F Love and Company
Chartered Accountant
Holly House
21d, Chudleigh Road
Exeter
Devon
EX2 8TS

1st Electrical Bristol Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
DIRECTORS
K H Dayus
Sharon O'Brien
SECRETARY
K H Dayus
REGISTERED OFFICE
Conamore, Pill Road
Abbots Leigh
Bristol
BS8 3QY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09436203
ACCOUNTANTS
R F Love and Company
Chartered Accountant
Holly House
21d, Chudleigh Road
Exeter
Devon
EX2 8TS

1st Electrical Bristol Limited

ACCOUNTS
FOR THEYEARENDED28/02/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

1st Electrical Bristol Limited

BALANCE SHEET AT 28/02/2024
20242023
Notes££
FIXED ASSETS
Tangible assets34,5196,025
CURRENT ASSETS
Stock8,13216,545
Debtors564,23049,617
Cash at bank and in hand2,1229
74,48466,171
CREDITORS: Amounts falling due within one year677,94872,079
NET CURRENT LIABILITIES(3,464)(5,908)
TOTAL ASSETS LESS CURRENT LIABILITIES1,055117
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account95517
SHAREHOLDERS' FUNDS1,055117
For the year ending 28/02/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/07/2024 and signed on their behalf by
.............................
K H Dayus
Director

1st Electrical Bristol Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Commercial Vehicles 25%
Equipment 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees44

1st Electrical Bristol Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/03/202337523,9791,91126,265
At 28/02/202437523,9791,91126,265
Depreciation
At 01/03/202328618,3481,60620,240
For the year221,408761,506
At 28/02/202430819,7561,68221,746
Net Book Amounts
At 28/02/2024674,2232294,519
At 28/02/2023895,6313056,025
4. STOCK 20242023
££
Stock comprises:
Stock5,5179,644
Work in progress2,6156,901
8,13216,545
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors34,60816,755
Other debtors29,62232,862
64,23049,617

1st Electrical Bristol Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax13,0559,899
VAT11,7583,831
PAYE control-387
NIC control274117
Bank loans and overdrafts-6,680
Bank Loan24,15335,543
Credit card6,5864,167
Trade creditors20,84710,180
Accruals1,2751,275
77,94872,079
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100