Company Registration No. 6127426 (England and Wales)
BN ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
for the year ended 29 February 2024
BN ELECTRICAL CONTRACTORS LIMITED
Unaudited accounts
Contents
BN ELECTRICAL CONTRACTORS LIMITED
Company Information
for the year ended 29 February 2024
Director
CHRISTOPHER JAMES ELLIOT
Company Number
6127426 (England and Wales)
Registered Office
124 BEECHWOOD AVENUE
WIBSEY
BRADFORD
WEST YORKSHIRE
BD6 3AN
BN ELECTRICAL CONTRACTORS LIMITED
Statement of financial position
as at 29 February 2024
Tangible assets
11,908
9,455
Cash at bank and in hand
3,947
69
Creditors: amounts falling due within one year
(4,331)
(7,132)
Net current assets/(liabilities)
4,256
(7,063)
Total assets less current liabilities
16,164
2,392
Creditors: amounts falling due after more than one year
(15,064)
(20,513)
Net assets/(liabilities)
1,100
(18,121)
Called up share capital
2
2
Profit and loss account
1,098
(18,123)
Shareholders' funds
1,100
(18,121)
For the year ending 29 February 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 29 May 2024 and were signed on its behalf by
CHRISTOPHER JAMES ELLIOT
Director
Company Registration No. 6127426
BN ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
BN ELECTRICAL CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6127426. The registered office is 124 BEECHWOOD AVENUE, WIBSEY, BRADFORD, WEST YORKSHIRE, BD6 3AN.
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.
These financial statements for the year ended 29 February 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Motor vehicles
18% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
16,199
-
16,199
At 29 February 2024
19,999
355
20,354
At 1 March 2023
6,744
-
6,744
Charge for the year
1,702
-
1,702
At 29 February 2024
8,446
-
8,446
At 29 February 2024
11,553
355
11,908
At 28 February 2023
9,455
-
9,455
BN ELECTRICAL CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
517
3,182
Taxes and social security
3,814
3,690
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,592
9,628
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).