BS Electrical Solutions Ltd
Registered number: 14782136
Balance Sheet
as at 30 April 2024
Notes 2024
£
Fixed assets
Tangible assets 3 11,204
Current assets
Stocks 1,750
Cash at bank and in hand 24,497
26,247
Creditors: amounts falling due within one year 4 (4,869)
Net current assets/(liabilities) 21,378
Total assets less current liabilities 32,582
Creditors: amounts falling due after more than one year 5 (20,673)
Net assets 11,909
Capital and reserves
Called up share capital 100
Profit and loss account 11,809
Shareholders' funds 11,909
The directors are 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 directors acknowledge their 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.
Sokol Dibra
Director
Approved by the board on 23 December 2024
BS Electrical Solutions Ltd
Notes to the Accounts
for the period from 5 April 2023 to 30 April 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
2 Employees 2024
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
Additions 2,005 12,000 14,005
At 30 April 2024 2,005 12,000 14,005
Depreciation
Charge for the period 401 2,400 2,801
At 30 April 2024 401 2,400 2,801
Net book value
At 30 April 2024 1,604 9,600 11,204
4 Creditors: amounts falling due within one year 2024
£
Taxation and social security costs 3,071
Other creditors 1,798
4,869
5 Creditors: amounts falling due after one year 2024
£
Other creditors 20,673
6 Other information
BS Electrical Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
18 Stamford Road
Dagenham
RM9 4HA
BS Electrical Solutions Ltd 14782136 false 2023-04-05 2024-04-30 2024-04-30 VT Final Accounts April 2022 Sokol Dibra No description of principal activity 14782136 2023-04-05 2024-04-30 14782136 bus:PrivateLimitedCompanyLtd 2023-04-05 2024-04-30 14782136 bus:AuditExemptWithAccountantsReport 2023-04-05 2024-04-30 14782136 bus:Director40 2023-04-05 2024-04-30 14782136 countries:England 2023-04-05 2024-04-30 14782136 bus:FRS102 2023-04-05 2024-04-30 14782136 bus:FullAccounts 2023-04-05 2024-04-30 14782136 2024-04-30 14782136 core:WithinOneYear 2024-04-30 14782136 core:AfterOneYear 2024-04-30 14782136 core:ShareCapital 2024-04-30 14782136 core:RetainedEarningsAccumulatedLosses 2024-04-30 14782136 2023-04-04 iso4217:GBP xbrli:pure