Company Registration No. 08884139 (England and Wales)
L J ELECTRICAL CONTRACTORS LTD
Unaudited accounts
for the year ended 29 February 2024
L J ELECTRICAL CONTRACTORS LTD
Unaudited accounts
Contents
L J ELECTRICAL CONTRACTORS LTD
Company Information
for the year ended 29 February 2024
Directors
Luke Hampton
Jay Walder
Company Number
08884139 (England and Wales)
Registered Office
58 FERNWOOD RISE
WESTDENE
BRIGHTON
BN1 5EP
Accountants
KMG Accountancy Ltd
The Offices
57 Newtown Road
Hove
BN3 7BA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of L J ELECTRICAL CONTRACTORS LTD for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
L J ELECTRICAL CONTRACTORS LTD for the year ended
29 February 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd
Chartered Accountants
The Offices
57 Newtown Road
Hove
BN3 7BA
30 November 2024
L J ELECTRICAL CONTRACTORS LTD
Statement of financial position
as at 29 February 2024
Tangible assets
11,110
16,297
Cash at bank and in hand
28,281
38,687
Creditors: amounts falling due within one year
(38,805)
(43,679)
Net current liabilities
(2,591)
(495)
Total assets less current liabilities
8,519
15,802
Creditors: amounts falling due after more than one year
(9,087)
(15,777)
Net (liabilities)/assets
(568)
25
Called up share capital
1
1
Profit and loss account
(569)
24
Shareholders' funds
(568)
25
For the year ending 29 February 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 30 November 2024 and were signed on its behalf by
Luke Hampton
Director
Company Registration No. 08884139
L J ELECTRICAL CONTRACTORS LTD
Notes to the Accounts
for the year ended 29 February 2024
L J ELECTRICAL CONTRACTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08884139. The registered office is 58 FERNWOOD RISE, WESTDENE, BRIGHTON, BN1 5EP.
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
Motor vehicles
At 29 February 2024
32,746
At 29 February 2024
21,636
At 29 February 2024
11,110
At 28 February 2023
16,297
Amounts falling due within one year
L J ELECTRICAL CONTRACTORS LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,188
7,188
Obligations under finance leases and hire purchase contracts
(2,448)
-
Taxes and social security
23,255
26,540
Loans from directors
90
90
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).