Silverfin false false 30/09/2024 01/10/2023 30/09/2024 Mrs D Gardner 05/04/2013 Mr R P Gardner 05/04/2013 03 January 2025 The principal activity of the Company during the financial year was that of engineering consultants and engineers. 08476153 2024-09-30 08476153 bus:Director1 2024-09-30 08476153 bus:Director2 2024-09-30 08476153 2023-09-30 08476153 core:CurrentFinancialInstruments 2024-09-30 08476153 core:CurrentFinancialInstruments 2023-09-30 08476153 core:ShareCapital 2024-09-30 08476153 core:ShareCapital 2023-09-30 08476153 core:RetainedEarningsAccumulatedLosses 2024-09-30 08476153 core:RetainedEarningsAccumulatedLosses 2023-09-30 08476153 core:Vehicles 2023-09-30 08476153 core:OfficeEquipment 2023-09-30 08476153 core:Vehicles 2024-09-30 08476153 core:OfficeEquipment 2024-09-30 08476153 bus:OrdinaryShareClass1 2024-09-30 08476153 2023-10-01 2024-09-30 08476153 bus:FilletedAccounts 2023-10-01 2024-09-30 08476153 bus:SmallEntities 2023-10-01 2024-09-30 08476153 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 08476153 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 08476153 bus:Director1 2023-10-01 2024-09-30 08476153 bus:Director2 2023-10-01 2024-09-30 08476153 core:Vehicles 2023-10-01 2024-09-30 08476153 core:OfficeEquipment core:TopRangeValue 2023-10-01 2024-09-30 08476153 2022-10-01 2023-09-30 08476153 core:OfficeEquipment 2023-10-01 2024-09-30 08476153 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 08476153 bus:OrdinaryShareClass1 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08476153 (England and Wales)

D & R G ELECTRICAL SERVICES LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

D & R G ELECTRICAL SERVICES LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

D & R G ELECTRICAL SERVICES LIMITED

BALANCE SHEET

As at 30 September 2024
D & R G ELECTRICAL SERVICES LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 0 40,498
Investments 4 2,500 2,500
2,500 42,998
Current assets
Debtors 5 48,426 1,607
Cash at bank and in hand 97,552 176,552
145,978 178,159
Creditors: amounts falling due within one year 6 ( 5,263) ( 35,609)
Net current assets 140,715 142,550
Total assets less current liabilities 143,215 185,548
Net assets 143,215 185,548
Capital and reserves
Called-up share capital 7 2,500 2,500
Profit and loss account 140,715 183,048
Total shareholders' funds 143,215 185,548

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of D & R G Electrical Services Limited (registered number: 08476153) were approved and authorised for issue by the Board of Directors on 03 January 2025. They were signed on its behalf by:

Mr R P Gardner
Director
D & R G ELECTRICAL SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
D & R G ELECTRICAL SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

D & R G Electrical Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

In 2024 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a going concern basis of preparation and included provision for future costs of terminating the business, which were committed to at the balance sheet date.

Turnover

Turnover is stated net of VAT is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line, or reducing balance basis over its expected useful life, as follows:

Vehicles 20 % reducing balance
Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Vehicles Office equipment Total
£ £ £
Cost
At 01 October 2023 41,367 3,180 44,547
Disposals ( 41,367) ( 3,180) ( 44,547)
At 30 September 2024 0 0 0
Accumulated depreciation
At 01 October 2023 954 3,095 4,049
Disposals ( 954) ( 3,095) ( 4,049)
At 30 September 2024 0 0 0
Net book value
At 30 September 2024 0 0 0
At 30 September 2023 40,413 85 40,498

4. Fixed asset investments

2024 2023
£ £
Other investments and loans 2,500 2,500

5. Debtors

2024 2023
£ £
Trade debtors 0 1,607
Amounts owed by directors 29,209 0
VAT recoverable 19,217 0
48,426 1,607

6. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to directors 0 1,147
Accruals 0 2,925
Taxation and social security 5,263 31,537
5,263 35,609

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2,500 Ordinary shares of £ 1.00 each 2,500 2,500

8. Related party transactions

Transactions with the entity's directors

2024 2023
£ £
Directors loans 29,209 (1,147)

An advance was made to the director during the year. At the accounting date the above amounts were owed to the company. Interest is charged on this loan at a rate of 2.25% and the loan is repayable upon demand.