KIPS ELECTRICALS LIMITED

Company Registration Number:
15458390 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 31 January 2024

End date: 31 January 2025

KIPS ELECTRICALS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2025

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

KIPS ELECTRICALS LIMITED

Company Information

for the Period Ended 31 January 2025




Director: Kipkurui LANGAT
Registered office: 24
Kelvin Avenue
Coventry
England
CV2 3DE
Company Registration Number: 15458390 (England and Wales)

KIPS ELECTRICALS LIMITED

Directors' Report Period Ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Principal Activities

The company's principal activity during the period was providing electrical services.

Directors

The directors shown below have held office during the whole of the period from 31 January 2024 to 31 January 2025
Kipkurui LANGAT

This report was approved by the board of directors on 13 February 2025
And Signed On Behalf Of The Board By:

Name: Kipkurui LANGAT
Status: Director

KIPS ELECTRICALS LIMITED

Balance sheet

As at 31 January 2025


Notes

2025
£
Fixed assets
Total fixed assets: -
Current assets
Debtors: 4 218
Cash at bank and in hand: 3
Total current assets: 221
Creditors: amounts falling due within one year: 5 ( 1,150 )
Net current assets (liabilities): ( 929 )
Total assets less current liabilities: ( 929 )
Total net assets (liabilities): ( 929 )

The notes form part of these financial statements

KIPS ELECTRICALS LIMITED

Balance sheet continued

As at 31 January 2025


Notes

2025
£
Capital and reserves
Called up share capital: 2
Profit and loss account: ( 931 )
Shareholders funds: ( 929 )

For the year ending 31 January 2025 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 13 February 2025
And Signed On Behalf Of The Board By:

Name: Kipkurui LANGAT
Status: Director

The notes form part of these financial statements

KIPS ELECTRICALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts for services provided, net of VAT, and trade discounts on services falling within the company’s ordinary activities.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost, less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
    Plant & machinery 25%
    Motor vehicles 25%
    Fixtures & fittings 25%
    Computer equipment 25%

    Other accounting policies

    Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the directors' opinion, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

KIPS ELECTRICALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees


    2025
    Average number of employees during the period 0

KIPS ELECTRICALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 3. Off balance sheet disclosure

    No

KIPS ELECTRICALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors


2025
£
Trade debtors 218
Total 218

KIPS ELECTRICALS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2025

5.Creditors: amounts falling due within one year note


2025
£
Accruals and deferred income 400
Other creditors 750
Total 1,150