Company registration number 04524498 (England and Wales)
FENISCOWLES ELECTRICAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
FENISCOWLES ELECTRICAL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
FENISCOWLES ELECTRICAL LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
504
671
Current assets
Stocks
600
600
Debtors
5
10,373
12,366
Cash at bank and in hand
59,603
69,112
70,576
82,078
Creditors: amounts falling due within one year
6
(46,105)
(49,809)
Net current assets
24,471
32,269
Total assets less current liabilities
24,975
32,940
Provisions for liabilities
(96)
(127)
Net assets
24,879
32,813
Capital and reserves
Called up share capital
7
2
2
Profit and loss reserves
24,877
32,811
Total equity
24,879
32,813

For the financial year ended 30 September 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 18 March 2025 and are signed on its behalf by:
Mr D Dewhurst
Director
Company registration number 04524498 (England and Wales)
FENISCOWLES ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

Feniscowles Electrical Limited is a private company limited by shares incorporated in England and Wales. The registered office is 14 Feilden Place, Feniscowles, Blackburn, Lancashire, BB2 5EX.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The directors are not aware of any material uncertainties affecting the company and consider that the company will have sufficient resources to continue trading for the foreseeable future. As a result the directors have continued to adopt the going concern basis in preparing the financial statements.true

 

1.3
Turnover

Turnover represents amounts receivable for electrical contracting services net of VAT.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% Reducing Balance
Computer equipment
33% Straight Line
Motor vehicles
25% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

1.6
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

FENISCOWLES ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
3
3
3
Intangible fixed assets
Goodwill
£
Cost
At 1 October 2023 and 30 September 2024
15,000
Amortisation and impairment
At 1 October 2023 and 30 September 2024
15,000
Carrying amount
At 30 September 2024
-
0
At 30 September 2023
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023 and 30 September 2024
13,503
Depreciation and impairment
At 1 October 2023
12,833
Depreciation charged in the year
166
At 30 September 2024
12,999
Carrying amount
At 30 September 2024
504
At 30 September 2023
671
FENISCOWLES ELECTRICAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
8,028
11,495
Other debtors
2,345
871
10,373
12,366

Other debtors comprise prepayments £307 (2023 £871).

6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
1,911
1,239
Corporation tax
516
3,787
Other taxation and social security
-
0
1,995
Other creditors
43,678
42,788
46,105
49,809

Other creditors comprise Directors' current account £41,328 (2023: £40,897) and accruals £2,350 (2023 - £1,891).

7
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary A Share of £1
1
1
1 Ordinary B Share of £1
1
1
2
2
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