Company Registration No. 08095143 (England and Wales)
Lux Electrical Contractors Limited
Unaudited accounts
for the year ended 31 March 2020
Lux Electrical Contractors Limited
Unaudited accounts
Contents
Lux Electrical Contractors Limited
Company Information
for the year ended 31 March 2020
Directors
Mark Cumber
Thomas Shepherd
Company Number
08095143 (England and Wales)
Registered Office
Lower Ground Floor Office
231 Shoreditch High Street
London
E1 6PJ
Lux Electrical Contractors Limited
Statement of financial position
as at 31 March 2020
Tangible assets
52,664
53,458
Cash at bank and in hand
58,360
44,880
Creditors: amounts falling due within one year
(259,479)
(233,754)
Net current assets
176,306
686
Total assets less current liabilities
228,970
54,144
Provisions for liabilities
Deferred tax
(10,157)
(10,157)
Called up share capital
100
100
Profit and loss account
218,713
43,887
Shareholders' funds
218,813
43,987
For the year ending 31 March 2020 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2020 and were signed on its behalf by
Mark Cumber
Director
Company Registration No. 08095143
Lux Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2020
Lux Electrical Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 08095143. The registered office is Lower Ground Floor Office, 231 Shoreditch High Street, London, E1 6PJ.
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.
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2019
85,998
2,979
88,977
At 31 March 2020
98,648
2,979
101,627
At 1 April 2019
34,243
1,276
35,519
Charge for the year
12,939
505
13,444
At 31 March 2020
47,182
1,781
48,963
At 31 March 2020
51,466
1,198
52,664
At 31 March 2019
51,755
1,703
53,458
Finished goods
12,328
12,000
Trade debtors
366,649
144,191
Accrued income and prepayments
-
17,382
Other debtors
(1,552)
15,987
Lux Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2020
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
71,047
20,833
Obligations under finance leases and hire purchase contracts
11,160
19,344
Trade creditors
58,892
56,670
Taxes and social security
96,423
67,975
Loans from directors
21,957
68,932
8
Average number of employees
During the year the average number of employees was 20 (2019: 14).
