Cinco Electrical Solutions Limited 11928318 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is Electrical contractors Digita Accounts Production Advanced 6.30.9574.0 true 11928318 2023-05-01 2024-04-30 11928318 2024-04-30 11928318 bus:Director1 1 2024-04-30 11928318 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11928318 core:Non-currentFinancialInstruments core:AfterOneYear 2024-04-30 11928318 bus:Micro-entities 2023-05-01 2024-04-30 11928318 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11928318 bus:FilletedAccounts 2023-05-01 2024-04-30 11928318 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11928318 bus:RegisteredOffice 2023-05-01 2024-04-30 11928318 bus:Director1 2023-05-01 2024-04-30 11928318 bus:Director1 1 2023-05-01 2024-04-30 11928318 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11928318 countries:England 2023-05-01 2024-04-30 11928318 bus:Director1 1 2023-04-30 11928318 2022-05-01 2023-04-30 11928318 2023-04-30 11928318 bus:Director1 1 2023-04-30 11928318 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 11928318 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 11928318 bus:Director1 1 2022-05-01 2023-04-30 11928318 bus:Director1 1 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 11928318

Cinco Electrical Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Cinco Electrical Solutions Limited

(Registration number: 11928318)
Balance Sheet as at 30 April 2024

2024
£

2023
£

Fixed assets

48,938

85,874

Current assets

365,604

301,371

Prepayments and accrued income

15,627

9,566

Creditors: Amounts falling due within one year

(105,252)

(84,156)

Net current assets

275,979

226,781

Total assets less current liabilities

324,917

312,655

Creditors: Amounts falling due after more than one year

(35,160)

(47,949)

Accruals and deferred income

(256)

(244)

 

289,501

264,462

Capital and reserves

289,501

264,462

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
13 Coleshill Street
Sutton Coldfield
West Midlands
B72 1SD
England

These financial statements were authorised for issue by the director on 20 November 2024.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2023 - 7).

 

Cinco Electrical Solutions Limited

(Registration number: 11928318)
Balance Sheet as at 30 April 2024

3

Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £47,949 (2023 - £60,738). This represents a Hire Purchase agreement, which is secured on the asset that it was used to purchase.

4

Related party transactions

Transactions with the director

2024

At 1 May 2023
£

At 30 April 2024
£

K M Buckley

During the year a loan was made to the director. The loan is repayable upon demand. Interest is charged on the loan at an an equivalent rate to HMRC's Official Rate of Interest on Beneficial Loans.

17,885

17,499

2023

At 1 May 2022
£

At 30 April 2023
£

K M Buckley

During the year a loan was made to the director. The loan is repayable upon demand. Interest is charged on the loan at an an equivalent rate to HMRC's Official Rate of Interest on Beneficial Loans.

13,135

17,885

 

Cinco Electrical Solutions Limited

(Registration number: 11928318)
Balance Sheet as at 30 April 2024

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 November 2024
 

.........................................
K M Buckley
Director