Company Registration No. 10785917 (England and Wales)
KR ELECTRICAL LTD
Unaudited accounts
for the year ended 31 May 2024
KR ELECTRICAL LTD
Unaudited accounts
Contents
KR ELECTRICAL LTD
Company Information
for the year ended 31 May 2024
Company Number
10785917 (England and Wales)
Registered Office
70 PARK ROAD
LONDON
GREATER LONDON
NW4 3PH
UNITED KINGDOM
KR ELECTRICAL LTD
Statement of financial position
as at 31 May 2024
Tangible assets
18,736
20,132
Cash at bank and in hand
962
11,809
Creditors: amounts falling due within one year
(4,966)
(16,053)
Net current liabilities
(4,004)
(4,244)
Total assets less current liabilities
14,732
15,888
Creditors: amounts falling due after more than one year
(8,018)
(28,834)
Net assets/(liabilities)
6,714
(12,946)
Called up share capital
1
1
Profit and loss account
6,713
(12,947)
Shareholders' funds
6,714
(12,946)
For the year ending 31 May 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 15 December 2024 and were signed on its behalf by
Konrad Rybitwa
Director
Company Registration No. 10785917
KR ELECTRICAL LTD
Notes to the Accounts
for the year ended 31 May 2024
KR ELECTRICAL LTD is a private company, limited by shares, registered in England and Wales, registration number 10785917. The registered office is 70 PARK ROAD, LONDON, GREATER LONDON, NW4 3PH, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Fixtures & fittings
20% WDA
4
Tangible fixed assets
Total
KR ELECTRICAL LTD
Notes to the Accounts
for the year ended 31 May 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).