Registered number
SC536706
Wm Bibby Electrical Services Ltd
Amended Filleted Accounts
31 March 2024
These accounts :
1. Replace the original accounts
2. Are now the Statutory Accounts
3. Are prepared as they were at the date of the original accounts
Wm Bibby Electrical Services Ltd
Registered number: SC536706
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 382
Current assets
Debtors 4 3,202 3,202
Cash at bank and in hand 42,105 42,872
45,307 46,074
Creditors: amounts falling due within one year 5 - (77)
Net current assets 45,307 45,997
Total assets less current liabilities 45,307 46,379
Creditors: amounts falling due after more than one year 6 (4,440) (25,988)
Net assets 40,867 20,391
Capital and reserves
Called up share capital 13 13
Profit and loss account 40,854 20,378
Shareholders' funds 40,867 20,391
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
W Bibby
Director
Approved by the board on 11 November 2024
Wm Bibby Electrical Services Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Motor vehicles
£
Cost
At 1 April 2023 9,194
At 31 March 2024 9,194
Depreciation
At 1 April 2023 8,812
Charge for the year 382
At 31 March 2024 9,194
Net book value
At 31 March 2024 -
At 31 March 2023 382
4 Debtors 2024 2023
£ £
CIS Deductions 3,202 3,202
5 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax - 76
Other creditors - 1
- 77
6 Creditors: amounts falling due after one year 2024 2023
£ £
Director's account 4,440 25,988
7 Other information
Wm Bibby Electrical Services Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is:
Craiglour
Craigend
Methven
Perthshire
PH1 3QY
Wm Bibby Electrical Services Ltd SC536706 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 W Bibby No description of principal activity SC536706 2022-04-01 2023-03-31 SC536706 core:WithinOneYear 2023-03-31 SC536706 core:AfterOneYear 2023-03-31 SC536706 core:ShareCapital 2023-03-31 SC536706 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC536706 2023-04-01 2024-03-31 SC536706 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC536706 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 SC536706 bus:Director40 2023-04-01 2024-03-31 SC536706 1 2023-04-01 2024-03-31 SC536706 2 2023-04-01 2024-03-31 SC536706 core:Vehicles 2023-04-01 2024-03-31 SC536706 countries:England 2023-04-01 2024-03-31 SC536706 bus:FRS102 2023-04-01 2024-03-31 SC536706 bus:FilletedAccounts 2023-04-01 2024-03-31 SC536706 2024-03-31 SC536706 core:WithinOneYear 2024-03-31 SC536706 core:AfterOneYear 2024-03-31 SC536706 core:ShareCapital 2024-03-31 SC536706 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC536706 core:Vehicles 2024-03-31 SC536706 2023-03-31 SC536706 core:Vehicles 2023-03-31 iso4217:GBP xbrli:pure