Company Registration No. 13855215 (England and Wales)
LBR Electrical Limited
Unaudited accounts
for the year ended 31 January 2025
LBR Electrical Limited
Unaudited accounts
Contents
LBR Electrical Limited
Company Information
for the year ended 31 January 2025
Company Number
13855215 (England and Wales)
Registered Office
UNIT 1B HALLIDAYS FARM
BILSBORROW
PRESTON
PR3 0RU
UNITED KINGDOM
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
LBR Electrical Limited
Statement of financial position
as at 31 January 2025
Tangible assets
4,619
6,606
Cash at bank and in hand
279
291
Creditors: amounts falling due within one year
(4,394)
(10,407)
Net current liabilities
(1,833)
(10,116)
Total assets less current liabilities
2,786
(3,510)
Provisions for liabilities
Net assets/(liabilities)
1,908
(3,840)
Called up share capital
100
100
Profit and loss account
1,808
(3,940)
Shareholders' funds
1,908
(3,840)
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 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 28 October 2025 and were signed on its behalf by
Leon Rodriguez
Director
Company Registration No. 13855215
LBR Electrical Limited
Notes to the Accounts
for the year ended 31 January 2025
LBR Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 13855215. The registered office is UNIT 1B HALLIDAYS FARM, BILSBORROW, PRESTON, PR3 0RU, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
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 assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
LBR Electrical Limited
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
1,833
10,500
786
13,119
Disposals
-
(10,500)
-
(10,500)
At 31 January 2025
1,833
4,000
786
6,619
At 1 February 2024
919
5,250
344
6,513
Charge for the year
459
1,480
111
2,050
On disposals
-
(6,563)
-
(6,563)
At 31 January 2025
1,378
167
455
2,000
At 31 January 2025
455
3,833
331
4,619
At 31 January 2024
914
5,250
442
6,606
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,441
12
Loans from directors
855
9,495
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).