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REGISTERED NUMBER: 00181286 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Invincible Electrical Engineering
Company Limited

The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Invincible Electrical Engineering
Company Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P A Baker
Mrs R Baker





REGISTERED OFFICE: Unit 15
Bevan Industrial Estate
Bevan Road
Brierley Hill
West Midlands
DY5 3TF





REGISTERED NUMBER: 00181286 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,230 4,436

CURRENT ASSETS
Stocks 37,074 38,133
Debtors 5 150,762 180,199
Cash at bank and in hand 88,213 149,047
276,049 367,379
CREDITORS
Amounts falling due within one year 6 79,148 115,398
NET CURRENT ASSETS 196,901 251,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,131

256,417

PROVISIONS FOR LIABILITIES 7 2,324 843
NET ASSETS 206,807 255,574

CAPITAL AND RESERVES
Called up share capital 8 300 300
Retained earnings 206,507 255,274
SHAREHOLDERS' FUNDS 206,807 255,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2024 and were signed on its behalf by:




P A Baker - Director



Mrs R Baker - Director


The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Invincible Electrical Engineering Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 42,597 53,001 14,500 110,098
Additions - - 11,180 11,180
Disposals - - (14,500 ) (14,500 )
At 31 March 2024 42,597 53,001 11,180 106,778
DEPRECIATION
At 1 April 2023 40,852 51,795 13,015 105,662
Charge for year 432 301 1,168 1,901
Eliminated on disposal - - (13,015 ) (13,015 )
At 31 March 2024 41,284 52,096 1,168 94,548
NET BOOK VALUE
At 31 March 2024 1,313 905 10,012 12,230
At 31 March 2023 1,745 1,206 1,485 4,436

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 142,157 177,551
Other debtors 8,605 2,648
150,762 180,199

The Invincible Electrical Engineering
Company Limited (Registered number: 00181286)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 38,587 67,279
Taxation and social security 20,964 34,907
Other creditors 19,597 13,212
79,148 115,398

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 2,324 843

Deferred
tax
£   
Balance at 1 April 2023 843
Provided during year 1,481
Balance at 31 March 2024 2,324

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
300 Ordinary £1 300 300

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £27,600 (2023 - £119,000) were paid to the ultimate parent company.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its ultimate parent company, PBRB Holdings Limted. (Company number 11424969).