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REGISTERED NUMBER: 07243214 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

D Daniel Electrical Services Ltd

D Daniel Electrical Services Ltd (Registered number: 07243214)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


D Daniel Electrical Services Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTOR: D Daniel



SECRETARY: Mrs K Daniel



REGISTERED OFFICE: 13 Oak Road
Bishops Waltham
Southampton
Hampshire
SO32 1EN



REGISTERED NUMBER: 07243214 (England and Wales)



ACCOUNTANTS: AM-PM Accounting Solutions Limited
Building 6000
Langstone Technology Park
Langstone Road
Havant
Hampshire
PO9 1SA



BANKERS: HSBC
35 Middle Road
Park Gate
Southampton
Hamphire
SO31 7GH

D Daniel Electrical Services Ltd (Registered number: 07243214)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,419 15,009

CURRENT ASSETS
Stocks 3,500 3,000
Debtors 5 2,403 -
Cash at bank 7,990 5,792
13,893 8,792
CREDITORS
Amounts falling due within one year 6 6,897 11,747
NET CURRENT ASSETS/(LIABILITIES) 6,996 (2,955 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,415

12,054

CREDITORS
Amounts falling due after more than one year 7 (5,190 ) (7,687 )

PROVISIONS FOR LIABILITIES (2,330 ) (2,816 )
NET ASSETS 11,895 1,551

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,795 1,451
SHAREHOLDERS' FUNDS 11,895 1,551

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

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

The director acknowledges his 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.

D Daniel Electrical Services Ltd (Registered number: 07243214)

Balance Sheet - continued
31 May 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 director and authorised for issue on 24 November 2024 and were signed by:





D Daniel - Director


D Daniel Electrical Services Ltd (Registered number: 07243214)

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

1. STATUTORY INFORMATION

D Daniel Electrical Services Ltd 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.

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 represents the value of goods and services supplied in the period, net of value added tax and any discounts given.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

D Daniel Electrical Services Ltd (Registered number: 07243214)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 June 2023 2,883 150 25,400 1,622 30,055
Additions 1,370 110 - - 1,480
Disposals (834 ) (150 ) - (1,299 ) (2,283 )
At 31 May 2024 3,419 110 25,400 323 29,252
DEPRECIATION
At 1 June 2023 2,373 132 11,113 1,428 15,046
Charge for year 267 16 3,572 96 3,951
Eliminated on disposal (733 ) (132 ) - (1,299 ) (2,164 )
At 31 May 2024 1,907 16 14,685 225 16,833
NET BOOK VALUE
At 31 May 2024 1,512 94 10,715 98 12,419
At 31 May 2023 510 18 14,287 194 15,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 2,403 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 95 84
Taxation and social security 1,689 324
Other creditors 5,113 11,339
6,897 11,747

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 5,190 7,687

D Daniel Electrical Services Ltd (Registered number: 07243214)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
D Daniel
Balance outstanding at start of year (10,468 ) (14,879 )
Amounts advanced (2,474 ) 22,141
Amounts repaid 8,724 (17,730 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,218 ) (10,468 )

This loan was provided interest free and is repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is D Daniel.

Mr D Daniel, a director, owns 100% of the issued share capital of the company.