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Company Registration No. 12836758 (England and Wales)
L J electrical (south west) Ltd Unaudited accounts for the year ended 31 August 2024
L J electrical (south west) Ltd Unaudited accounts Contents
Page
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L J electrical (south west) Ltd Company Information for the year ended 31 August 2024
Director
Lewis Stiddard
Company Number
12836758 (England and Wales)
Registered Office
51 BROAD STREET STAPLEHILL BRISTOL BS16 5LS
Accountants
Pearson Associates Ltd 2 West View Mangotsfeild Bristol BS16 9DU
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L J electrical (south west) Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,402 
3,203 
Current assets
Inventories
3,000 
3,000 
Debtors
5,183 
(7,997)
Cash at bank and in hand
13,800 
15,668 
21,983 
10,671 
Creditors: amounts falling due within one year
(6,748)
(14,372)
Net current assets/(liabilities)
15,235 
(3,701)
Total assets less current liabilities
17,637 
(498)
Provisions for liabilities
Deferred tax
(496)
- 
Net assets/(liabilities)
17,141 
(498)
Capital and reserves
Profit and loss account
17,141 
(498)
Shareholders' funds
17,141 
(498)
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 10 January 2025 and were signed on its behalf by
Lewis Stiddard Director Company Registration No. 12836758
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L J electrical (south west) Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
L J electrical (south west) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12836758. The registered office is 51 BROAD STREET, STAPLEHILL, BRISTOL, BS16 5LS.
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.
3
Accounting policies
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
33%RB
Computer equipment
33%RB
Other tangible fixed assets
25% RB
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
8,008 
At 31 August 2024
8,008 
Depreciation
At 1 September 2023
4,805 
Charge for the year
801 
At 31 August 2024
5,606 
Net book value
At 31 August 2024
2,402 
At 31 August 2023
3,203 
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L J electrical (south west) Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
(1,397)
5,049 
Trade debtors
21,580 
11,094 
Other debtors
(15,000)
(24,140)
5,183 
(7,997)
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
825 
Trade creditors
(3)
17,472 
Taxes and social security
6,751 
(3,925)
6,748 
14,372 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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