Company Registration No. 08022978 (England and Wales)
K'S Electrical Engineers and Contractors LTD
Unaudited accounts
for the year ended 30 April 2024
K'S Electrical Engineers and Contractors LTD
Unaudited accounts
Contents
K'S Electrical Engineers and Contractors LTD
Company Information
for the year ended 30 April 2024
Company Number
08022978 (England and Wales)
Registered Office
53 Sherbourne Road
Cradley Heath
West Midlands
B64 7PX
United Kingdom
K'S Electrical Engineers and Contractors LTD
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
2,380
2,940
Creditors: amounts falling due within one year
(22,871)
(25,836)
Net current liabilities
(20,491)
(22,896)
Net liabilities
(20,121)
(22,480)
Called up share capital
1
1
Profit and loss account
(20,122)
(22,481)
Shareholders' funds
(20,121)
(22,480)
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 27 January 2025 and were signed on its behalf by
Mr Ram Kalsi
Director
Company Registration No. 08022978
K'S Electrical Engineers and Contractors LTD
Notes to the Accounts
for the year ended 30 April 2024
K'S Electrical Engineers and Contractors LTD is a private company, limited by shares, registered in England and Wales, registration number 08022978. The registered office is 53 Sherbourne Road, Cradley Heath, West Midlands, B64 7PX, United Kingdom.
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 remained unchanged from the previous year, and also 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.
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
788
1,160
1,948
At 30 April 2024
788
1,160
1,948
At 1 May 2023
646
886
1,532
Charge for the year
15
31
46
At 30 April 2024
661
917
1,578
At 30 April 2024
127
243
370
At 30 April 2023
142
274
416
K'S Electrical Engineers and Contractors LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,654
9,036
Loans from directors
16,217
16,735
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan to the company
(16,735)
518
-
(16,217)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).