Company Registration No. 07212522 (England and Wales)
Event Electrical Ltd
Unaudited accounts
for the year ended 30 April 2024
Event Electrical Ltd
Unaudited accounts
Contents
Event Electrical Ltd
Company Information
for the year ended 30 April 2024
Company Number
07212522 (England and Wales)
Registered Office
377 Fair Oak Road
Eastleigh
Hampshire
SO50 7AB
England
Accountants
SWP Chartered Accountants
Unit 4 Basepoint
Andersons Road
Southampton
SO14 5FE
Event Electrical Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
39,273
47,447
Cash at bank and in hand
356,140
69,770
Creditors: amounts falling due within one year
(291,557)
(191,588)
Net current assets
238,110
109,723
Total assets less current liabilities
277,383
157,170
Creditors: amounts falling due after more than one year
(6,535)
(12,957)
Provisions for liabilities
Deferred tax
(9,818)
(6,104)
Net assets
261,030
138,109
Called up share capital
1,000
1,000
Profit and loss account
260,030
137,109
Shareholders' funds
261,030
138,109
For the 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. 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 14 January 2025 and were signed on its behalf by
C O Trotter
Director
Company Registration No. 07212522
Event Electrical Ltd
Notes to the Accounts
for the year ended 30 April 2024
Event Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07212522. The registered office is 377 Fair Oak Road, Eastleigh, Hampshire, SO50 7AB, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
25% reducing balance
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Event Electrical Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Charge for the year
11,522
Amounts falling due within one year
Trade debtors
98,961
166,597
Other debtors
61,363
8,521
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,384
6,384
Trade creditors
104,647
121,908
Taxes and social security
139,510
45,564
Other creditors
34,994
17,732
Loans from directors
602
-
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 7 (2023: 5).