1 April 2023 false No description of principal activity Taxfiler 2024.6 14009526business:PrivateLimitedCompanyLtd2023-04-012024-03-31 140095262023-03-31 140095262023-04-012024-03-31 14009526business:AuditExemptWithAccountantsReport2023-04-012024-03-31 14009526business:FilletedAccounts2023-04-012024-03-31 140095262024-03-31 14009526business:Director12023-04-012024-03-31 14009526business:RegisteredOffice2023-04-012024-03-31 140095262023-03-31 14009526core:WithinOneYear2024-03-31 14009526core:WithinOneYear2023-03-31 14009526core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 14009526core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 14009526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 14009526core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 14009526core:PreviouslyStatedAmount2024-03-31 14009526core:PreviouslyStatedAmount2023-03-31 14009526business:SmallEntities2023-04-012024-03-31 14009526countries:EnglandWales2023-04-012024-03-31 14009526core:PlantMachinery2023-04-012024-03-31 14009526core:MotorVehicles2023-04-012024-03-31 14009526core:Goodwill2023-03-31 14009526core:Goodwill2024-03-31 14009526core:Goodwill2023-04-012024-03-31 14009526core:PlantMachinery2023-03-31 14009526core:MotorVehicles2023-03-31 14009526core:PlantMachinery2024-03-31 14009526core:MotorVehicles2024-03-31 14009526core:AfterOneYear2024-03-31 14009526core:AfterOneYear2023-03-31 140095262022-03-292023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 14009526 (England and Wales)
SBR ELECTRICAL INC. LIMITED Unaudited accounts for the year ended 31 March 2024
SBR ELECTRICAL INC. LIMITED Unaudited accounts Contents
Page
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SBR ELECTRICAL INC. LIMITED Company Information for the year ended 31 March 2024
Director
Mr S B Robinson
Company Number
14009526 (England and Wales)
Registered Office
C/O ON TARGET ACCOUNTING 105 CHINEWAY GARDENS OTTERY ST MARY DEVON EX11 1JJ UNITED KINGDOM
Accountants
On Target Accounting Ltd 105 Chineway Gardens Ottery St Mary Devon EX11 1JJ
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SBR ELECTRICAL INC. LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
8,000 
9,000 
Tangible assets
13,708 
16,117 
21,708 
25,117 
Current assets
Inventories
5,000 
5,000 
Debtors
11,000 
- 
Cash at bank and in hand
3,883 
41 
19,883 
5,041 
Creditors: amounts falling due within one year
(9,319)
(13,213)
Net current assets/(liabilities)
10,564 
(8,172)
Net assets
32,272 
16,945 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
32,172 
16,845 
Shareholders' funds
32,272 
16,945 
For the year ending 31 March 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 30 May 2024 and were signed on its behalf by
Mr S B Robinson Director Company Registration No. 14009526
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SBR ELECTRICAL INC. LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
SBR ELECTRICAL INC. LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14009526. The registered office is C/O ON TARGET ACCOUNTING, 105 CHINEWAY GARDENS, OTTERY ST MARY, DEVON, EX11 1JJ, UNITED KINGDOM.
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.
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% Straight Line
Motor vehicles
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised over it's estimated useful life of 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
10,000 
At 31 March 2024
10,000 
Amortisation
At 1 April 2023
1,000 
Charge for the year
1,000 
At 31 March 2024
2,000 
Net book value
At 31 March 2024
8,000 
At 31 March 2023
9,000 
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SBR ELECTRICAL INC. LIMITED Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
7,651 
12,495 
20,146 
Additions
2,025 
- 
2,025 
At 31 March 2024
9,676 
12,495 
22,171 
Depreciation
At 1 April 2023
1,530 
2,499 
4,029 
Charge for the year
1,935 
2,499 
4,434 
At 31 March 2024
3,465 
4,998 
8,463 
Net book value
At 31 March 2024
6,211 
7,497 
13,708 
At 31 March 2023
6,121 
9,996 
16,117 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,142 
- 
Accrued income and prepayments
252 
- 
10,394 
- 
Amounts falling due after more than one year
Other debtors
606 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,844 
- 
Loans from directors
825 
12,763 
Accruals
650 
450 
9,319 
13,213 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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