Control Electrical Suppliers Limited

Control Electrical Suppliers Limited

CONTROL ELECTRICAL SUPPLIERS LIMITED - Company Information

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1 May 2019 false Taxfiler 2020.17.1 3783639business:PrivateLimitedCompanyLtd2019-05-012020-10-31 37836392019-04-30 37836392019-05-012020-10-31 3783639business:AuditExemptWithAccountantsReport2019-05-012020-10-31 3783639business:FullAccounts2019-05-012020-10-31 37836392020-10-31 37836392019-04-30 3783639core:WithinOneYear2020-10-31 3783639core:WithinOneYear2019-04-30 3783639core:AfterOneYear2020-10-31 3783639core:AfterOneYear2019-04-30 3783639core:ShareCapital2020-10-31 3783639core:ShareCapital2019-04-30 3783639core:RetainedEarningsAccumulatedLosses2020-10-31 3783639core:RetainedEarningsAccumulatedLosses2019-04-30 3783639business:SmallEntities2019-05-012020-10-31 3783639business:Director12019-05-012020-10-31 3783639countries:EnglandWales2019-05-012020-10-31 3783639business:RegisteredOffice2019-05-012020-10-31 3783639core:PlantMachinery2019-05-012020-10-31 3783639core:PlantMachinery2019-04-30 3783639core:PlantMachinery2020-10-31 37836392018-05-012019-04-30 iso4217:GBP xbrli:pure
Company Registration No. 3783639 (England and Wales)
Control Electrical Suppliers Limited Unaudited accounts for the period from 1 May 2019 to 31 October 2020
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Control Electrical Suppliers Limited for the period from 1 May 2019 to 31 October 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Control Electrical Suppliers Limited for the period from 1 May 2019 to 31 October 2020 as set out on pages 3 - 5 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Control Electrical Suppliers Limited, as a body, in accordance with the terms of our engagement letter dated 5 September 2016. Our work has been undertaken solely to prepare for your approval the accounts of Control Electrical Suppliers Limited and state those matters that we have agreed to state to the Board of Directors of Control Electrical Suppliers Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Control Electrical Suppliers Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Control Electrical Suppliers Limited 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 of Control Electrical Suppliers Limited. You consider that Control Electrical Suppliers Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Control Electrical Suppliers Limited. 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.
Lewis Associates Chartered Certified Accountants 75 Coniston Gardens London NW9 0BA 18 February 2021
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Control Electrical Suppliers Limited Statement of financial position as at 31 October 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2 
544 
Current assets
Inventories
73,020 
59,070 
Debtors
5
566,859 
500,464 
Cash at bank and in hand
8,692 
13,584 
648,571 
573,118 
Creditors: amounts falling due within one year
6
(269,625)
(222,302)
Net current assets
378,946 
350,816 
Total assets less current liabilities
378,948 
351,360 
Creditors: amounts falling due after more than one year
7
(155,328)
(229,914)
Net assets
223,620 
121,446 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
223,520 
121,346 
Shareholders' funds
223,620 
121,446 
For the period ending 31 October 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 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 18 February 2021 and were signed on its behalf by
T Khamker Director Company Registration No. 3783639
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Control Electrical Suppliers Limited Notes to the Accounts for the period from 1 May 2019 to 31 October 2020
1
Statutory information
Control Electrical Suppliers Limited is a private company, limited by shares, registered in England and Wales, registration number 3783639. The registered office is Unit 6, 998 North Circular Road, Staples Corner, London, NW2 7JR.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2019
17,580 
At 31 October 2020
17,580 
Depreciation
At 1 May 2019
17,036 
Charge for the period
542 
At 31 October 2020
17,578 
Net book value
At 31 October 2020
2 
At 30 April 2019
544 
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Control Electrical Suppliers Limited Notes to the Accounts for the period from 1 May 2019 to 31 October 2020
5
Debtors
2020 
2019 
£ 
£ 
Less than one year
Trade debtors
281,999 
287,604 
Other debtors
284,860 
212,860 
Total debtors less than one year
566,859 
500,464 
Total debtors
566,859 
500,464 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
203,502 
166,005 
Taxes and social security
41,565 
12,940 
Other creditors
24,558 
43,357 
269,625 
222,302 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
155,328 
229,914 
8
Average number of employees
During the period the average number of employees was 5 (2019: 5).
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