Company Registration No. 10509941 (England and Wales)
ELECPLUMB LTD
Unaudited accounts
for the year ended 31 December 2023
ELECPLUMB LTD
Unaudited accounts
Contents
ELECPLUMB LTD
Company Information
for the year ended 31 December 2023
Directors
Jiven Kiran MANKU
Sarbjeet Singh MANKU
Company Number
10509941 (England and Wales)
Registered Office
Barkat House, Suite 9
116-118 Finchley Road
London
NW3 5HT
United Kingdom
ELECPLUMB LTD
Statement of financial position
as at 31 December 2023
Tangible assets
117,850
120,964
Cash at bank and in hand
65,171
110,437
Creditors: amounts falling due within one year
(343,790)
(200,853)
Net current assets
238,284
260,741
Total assets less current liabilities
376,134
401,705
Creditors: amounts falling due after more than one year
(237,361)
(301,288)
Net assets
138,773
100,417
Called up share capital
1
1
Profit and loss account
138,772
100,416
Shareholders' funds
138,773
100,417
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 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 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 of Directors and authorised for issue on 13 November 2024 and were signed on its behalf by
Jiven Kiran MANKU
Director
Company Registration No. 10509941
ELECPLUMB LTD
Notes to the Accounts
for the year ended 31 December 2023
ELECPLUMB LTD is a private company, limited by shares, registered in England and Wales, registration number 10509941. The registered office is Barkat House, Suite 9, 116-118 Finchley Road, London, NW3 5HT, 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.
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.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2023
-
-
129,265
-
11,172
140,437
Additions
8,696
4,495
-
4,695
2,961
20,847
At 31 December 2023
8,696
4,495
129,265
4,695
14,133
161,284
At 1 January 2023
-
-
16,107
-
3,366
19,473
Charge for the year
-
809
20,368
846
1,938
23,961
At 31 December 2023
-
809
36,475
846
5,304
43,434
At 31 December 2023
8,696
3,686
92,790
3,849
8,829
117,850
At 31 December 2022
-
-
113,158
-
7,806
120,964
ELECPLUMB LTD
Notes to the Accounts
for the year ended 31 December 2023
5
Investments
Other investments
Valuation at 1 January 2023
20,000
Valuation at 31 December 2023
20,000
Amounts falling due within one year
Trade debtors
389,144
258,635
Accrued income and prepayments
33,207
36,695
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
81,103
73,502
Taxes and social security
65,317
79,550
Loans from directors
4,237
2,723
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
237,361
301,288
9
Average number of employees
During the year the average number of employees was 10 (2022: 11).