Company Registration No. 04461822 (England and Wales)
K W Electrical Services Limited
Unaudited accounts
for the year ended 30 June 2024
K W Electrical Services Limited
Unaudited accounts
Contents
K W Electrical Services Limited
Company Information
for the year ended 30 June 2024
Directors
K A Watret
L A Watret
E A Watret
Company Number
04461822 (England and Wales)
Registered Office
C/O KKAS LTD
33A MARKET PLACE
KENDAL
CUMBRIA
LA9 4TP
ENGLAND
Accountants
Kate King Accountancy Services ltd
33a Market Place
Kendal
Cumbria
LA9 4TP
K W Electrical Services Limited
Statement of financial position
as at 30 June 2024
Tangible assets
127,077
145,173
Cash at bank and in hand
713,026
525,700
Creditors: amounts falling due within one year
(318,351)
(350,221)
Net current assets
632,692
485,624
Total assets less current liabilities
759,769
630,797
Creditors: amounts falling due after more than one year
(39,392)
(31,000)
Provisions for liabilities
Deferred tax
(31,769)
(36,293)
Net assets
688,608
563,504
Called up share capital
100
100
Profit and loss account
688,508
563,404
Shareholders' funds
688,608
563,504
For the year ending 30 June 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 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 21 October 2024 and were signed on its behalf by
K A Watret
Director
Company Registration No. 04461822
K W Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2024
K W Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 04461822. The registered office is C/O KKAS LTD, 33A MARKET PLACE, KENDAL, CUMBRIA, LA9 4TP, ENGLAND.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
K W Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
3,592
434,144
249,382
687,118
Additions
-
15,496
31,750
47,246
Disposals
-
-
(92,972)
(92,972)
At 30 June 2024
3,592
449,640
188,160
641,392
At 1 July 2023
3,592
420,676
117,677
541,945
Charge for the year
-
9,572
40,457
50,029
On disposals
-
-
(77,659)
(77,659)
At 30 June 2024
3,592
430,248
80,475
514,315
At 30 June 2024
-
19,392
107,685
127,077
At 30 June 2023
-
13,468
131,705
145,173
Amounts falling due within one year
Trade debtors
198,734
273,961
Amounts due from group undertakings etc.
1,100
81
Accrued income and prepayments
603
603
Other debtors
28,580
26,500
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,378
10,261
Obligations under finance leases and hire purchase contracts
12,163
11,335
Trade creditors
159,606
191,566
Taxes and social security
64,802
50,155
Other creditors
4,048
3,047
Loans from directors
983
1,192
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
29,818
11,333
K W Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2024
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).