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REGISTERED NUMBER: 08136136 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2024







DIRECTORS: Mr P M France
Mrs H J Prentice





REGISTERED OFFICE: Unit 1
France Industrial Complex
Vivars Way
Selby
North Yorkshire
YO8 8BE





REGISTERED NUMBER: 08136136 (England and Wales)





ACCOUNTANTS: Fortus Limited
Business Advisors & Accountants
Equinox House
Clifton Park, Shipton Road
York
Yorkshire
YO30 5PA

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 100,000 112,500
Tangible assets 5 156,201 197,667
256,201 310,167

CURRENT ASSETS
Stocks 26,938 40,848
Debtors 6 173,383 155,298
Cash at bank 104,893 81,746
305,214 277,892
CREDITORS
Amounts falling due within one year 7 185,606 175,339
NET CURRENT ASSETS 119,608 102,553
TOTAL ASSETS LESS CURRENT LIABILITIES 375,809 412,720

CREDITORS
Amounts falling due after more than
one year

8

(21,993

)

(40,293

)

PROVISIONS FOR LIABILITIES (25,969 ) (32,460 )
NET ASSETS 327,847 339,967

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 326,847 338,967
SHAREHOLDERS' FUNDS 327,847 339,967

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

BALANCE SHEET - continued
31 December 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





Mrs H J Prentice - Director


KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Keith France Electrical Contractor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets required. It is initially recognised as an asset at cost and subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 250,000
AMORTISATION
At 1 January 2024 137,500
Amortisation for year 12,500
At 31 December 2024 150,000
NET BOOK VALUE
At 31 December 2024 100,000
At 31 December 2023 112,500

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024 7,652 17,813 50,740 250,909 327,114
Additions - 3,000 - - 3,000
Disposals - - - (12,490 ) (12,490 )
At 31 December 2024 7,652 20,813 50,740 238,419 317,624
DEPRECIATION
At 1 January 2024 3,134 7,052 17,180 102,081 129,447
Charge for year 452 1,413 3,356 36,528 41,749
Eliminated on disposal - - - (9,773 ) (9,773 )
At 31 December 2024 3,586 8,465 20,536 128,836 161,423
NET BOOK VALUE
At 31 December 2024 4,066 12,348 30,204 109,583 156,201
At 31 December 2023 4,518 10,761 33,560 148,828 197,667

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 151,358 135,478
Amounts owed by group undertakings 1,925 -
Other debtors 20,100 19,820
173,383 155,298

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 398 -
Trade creditors 35,545 56,418
Taxation and social security 51,118 11,119
Other creditors 98,545 107,802
185,606 175,339

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 21,993 40,293

KEITH FRANCE ELECTRICAL CONTRACTOR
LIMITED (REGISTERED NUMBER: 08136136)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr P M France
Balance outstanding at start of year (12,879 ) (14,420 )
Amounts advanced 97,845 76,889
Amounts repaid (89,300 ) (75,348 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,334 ) (12,879 )

Mrs H J Prentice
Balance outstanding at start of year (77 ) (7,981 )
Amounts advanced 66,806 84,388
Amounts repaid (66,805 ) (76,484 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (76 ) (77 )