Company Registration No. 08578151 (England and Wales)
C F Electrical (UK) Ltd
Unaudited accounts
for the year ended 30 June 2024
C F Electrical (UK) Ltd
Unaudited accounts
Contents
C F Electrical (UK) Ltd
Company Information
for the year ended 30 June 2024
Company Number
08578151 (England and Wales)
Registered Office
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Accountants
Batesons Management Services Ltd
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
C F Electrical (UK) Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
39,388
9,781
Cash at bank and in hand
15,667
1,310
Creditors: amounts falling due within one year
(15,704)
(17,400)
Net current assets
30,956
29,430
Total assets less current liabilities
70,344
39,211
Creditors: amounts falling due after more than one year
(26,972)
(7,282)
Provisions for liabilities
Deferred tax
(6,020)
(1,858)
Called up share capital
100
100
Profit and loss account
37,252
29,971
Shareholders' funds
37,352
30,071
For the year ending 30 June 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 7 February 2025 and were signed on its behalf by
Carl Fairbrother
Director
Company Registration No. 08578151
C F Electrical (UK) Ltd
Notes to the Accounts
for the year ended 30 June 2024
C F Electrical (UK) Ltd is a private company, limited by shares, registered in England and Wales, registration number 08578151. The registered office is 2 Statham Court, Statham Street, Macclesfield, Cheshire, SK11 6XN.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
C F Electrical (UK) Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 July 2023
14,210
23,478
37,688
Additions
1,983
31,400
33,383
At 30 June 2024
16,193
54,878
71,071
At 1 July 2023
7,285
20,622
27,907
Charge for the year
1,099
2,677
3,776
At 30 June 2024
8,384
23,299
31,683
At 30 June 2024
7,809
31,579
39,388
At 30 June 2023
6,925
2,856
9,781
Amounts falling due within one year
Trade debtors
7,164
12,998
Accrued income and prepayments
47
47
Other debtors
23,782
25,142
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,800
3,800
Obligations under finance leases and hire purchase contracts
4,650
-
Taxes and social security
6,018
12,424
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
23,491
-
C F Electrical (UK) Ltd
Notes to the Accounts
for the year ended 30 June 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
6,020
1,858
Provision at start of year
1,858
2,140
Charged/(credited) to the profit and loss account
4,162
(282)
Provision at end of year
6,020
1,858
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
25,142
54,511
55,871
23,782
25,142
54,511
55,871
23,782
11
Average number of employees
During the year the average number of employees was 1 (2023: 1).