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Registered number: 12430408
B Electrical London Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2025
Annette Ferguson Scotland Ltd
28 Kittlegairy Crescent
Peebles
United Kingdom
EH45 9NJ
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Statement of Changes in Equity 4
Notes to the Financial Statements 5—6
Page 1
Company Information
Director Mr Benjamin Pratt
Company Number 12430408
Registered Office 4 The Paddocks
Wood Street
Swanley
England
BR8 7PA
Accountants Annette Ferguson Scotland Ltd
ICAS
28 Kittlegairy Crescent
Peebles
United Kingdom
EH45 9NJ
Page 1
Page 2
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of B Electrical London Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of B Electrical London Ltd for the year ended 31 January 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.
As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-presentation-of-accounts.
This report is made solely to the director of B Electrical London Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of B Electrical London Ltd and state those matters that we have agreed to state to the director of B Electrical London Ltd , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-presentation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B Electrical London Ltd and its director, as a body, for our work or for this report.
It is your duty to ensure that B Electrical London Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of B Electrical London Ltd . You consider that B Electrical London Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of B Electrical London Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Annette Ferguson Scotland Ltd
04/07/2025
Annette Ferguson Scotland Ltd
ICAS
28 Kittlegairy Crescent
Peebles
United Kingdom
EH45 9NJ
Page 2
Page 3
Balance Sheet
Registered number: 12430408
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,248 4,157
6,248 4,157
CURRENT ASSETS
Debtors 5 86,739 99,458
Cash at bank and in hand 23,074 22,257
109,813 121,715
Creditors: Amounts Falling Due Within One Year 6 (101,831 ) (92,172 )
NET CURRENT ASSETS (LIABILITIES) 7,982 29,543
TOTAL ASSETS LESS CURRENT LIABILITIES 14,230 33,700
Creditors: Amounts Falling Due After More Than One Year 7 (15,661 ) (26,667 )
NET (LIABILITIES)/ASSETS (1,431 ) 7,033
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,531 ) 6,933
SHAREHOLDERS' FUNDS (1,431) 7,033
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Benjamin Pratt
Director
04/07/2025
The notes on pages 5 to 6 form part of these financial statements.
Page 3
Page 4
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 February 2023 100 4,816 4,916
Profit for the year and total comprehensive income - 38,617 38,617
Dividends paid - (36,500) (36,500)
As at 31 January 2024 and 1 February 2024 100 6,933 7,033
Profit for the year and total comprehensive income - 43,536 43,536
Dividends paid - (52,000) (52,000)
As at 31 January 2025 100 (1,531 ) (1,431)
Page 4
Page 5
Notes to the Financial Statements
1. General Information
B Electrical London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12430408 . The registered office is 4 The Paddocks, Wood Street, Swanley, England, BR8 7PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Presentation currency
The accounts are presented in £ sterling.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Staright line method
Computer Equipment 25% Staright line method
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: NIL)
1 -
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 February 2024 2,400 4,291 6,691
Additions - 4,105 4,105
As at 31 January 2025 2,400 8,396 10,796
Depreciation
As at 1 February 2024 2,400 134 2,534
Provided during the period - 2,014 2,014
As at 31 January 2025 2,400 2,148 4,548
Net Book Value
As at 31 January 2025 - 6,248 6,248
As at 1 February 2024 - 4,157 4,157
Page 5
Page 6
5. Debtors
2025 2024
£ £
Due within one year
Corporation tax recoverable assets 25,097 25,097
Director's loan account 61,642 74,361
86,739 99,458
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,158 3,270
Corporation tax 46,518 36,656
Other taxes and social security 6,489 5,849
VAT 41,849 42,641
Net wages - 3,756
Accruals and deferred income 2,817 -
101,831 92,172
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 15,661 26,667
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 100.00 each 100 100
9. Directors Advances, Credits and Guarantees
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Mr Benjamin Pratt 74,362 60,229 72,948 - 61,643
Page 6