BP Electrical Services Kent Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10906895 (England and Wales)

Financial Statements for the Year Ended 31 August 2020

for

BP Electrical Services Kent Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Ahearne

B Harvey

REGISTERED OFFICE:

4 Holmscroft Road

Beltinge

Herne Bay

Kent

CT6 6PE

REGISTERED NUMBER:

10906895 (England and Wales)

ACCOUNTANTS:

MPH Accountancy and Business Advisors Ltd

99 Canterbury Road

Whitstable

Kent

CT5 4HG

FIXED ASSETS

Tangible assets

4

14,858

18,032

CURRENT ASSETS

Debtors

5

13,861

10,966

Cash at bank and in hand

19,581

19,359

33,442

30,325

CREDITORS

Amounts falling due within one year

6

37,439

18,509

NET CURRENT (LIABILITIES)/ASSETS

(3,997

)

11,816

TOTAL ASSETS LESS CURRENT LIABILITIES

10,861

29,848

CREDITORS

Amounts falling due after more than one year

7

-

14,582

NET ASSETS

10,861

15,266

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,761

15,166

SHAREHOLDERS' FUNDS

10,861

15,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 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.

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 15 November 2020 and were signed on its behalf by:

P Ahearne - Director

B Harvey - Director

1.	STATUTORY INFORMATION

BP Electrical Services Kent Ltd 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.

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 etc

-

25% on reducing balance and 15% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2019

32,115

Additions

1,439

At 31 August 2020

33,554

DEPRECIATION

At 1 September 2019

14,083

Charge for year

4,613

At 31 August 2020

18,696

NET BOOK VALUE

At 31 August 2020

14,858

At 31 August 2019

18,032

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

9,808

9,922

Other debtors

4,053

1,044

13,861

10,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

30,000

146

Hire purchase contracts

-

5,644

Trade creditors

28

110

Taxation and social security

6,689

11,395

Other creditors

722

1,214

37,439

18,509

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Hire purchase contracts

-

14,582