Lux Electrical Contractors Limited

Lux Electrical Contractors Limited

LUX PROPERTY SERVICES LIMITED - Company Information

Print Friendly Version

1 April 2021 false No description of principal activity Taxfiler 2022.8.3 08095143business:PrivateLimitedCompanyLtd2021-04-012022-03-31 080951432021-03-31 080951432021-04-012022-03-31 08095143business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 08095143business:FullAccounts2021-04-012022-03-31 080951432022-03-31 08095143business:Director12021-04-012022-03-31 08095143business:Director22021-04-012022-03-31 08095143business:RegisteredOffice2021-04-012022-03-31 080951432021-03-31 08095143core:WithinOneYear2022-03-31 08095143core:WithinOneYear2021-03-31 08095143core:AfterOneYear2022-03-31 08095143core:AfterOneYear2021-03-31 08095143core:ShareCapital2022-03-31 08095143core:ShareCapital2021-03-31 08095143core:RetainedEarningsAccumulatedLosses2022-03-31 08095143core:RetainedEarningsAccumulatedLosses2021-03-31 08095143business:SmallEntities2021-04-012022-03-31 08095143countries:EnglandWales2021-04-012022-03-31 08095143core:MotorVehicles2021-04-012022-03-31 08095143core:FurnitureFittings2021-04-012022-03-31 08095143core:MotorVehicles2021-03-31 08095143core:FurnitureFittings2021-03-31 08095143core:MotorVehicles2022-03-31 08095143core:FurnitureFittings2022-03-31 080951432020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08095143 (England and Wales)
Lux Electrical Contractors Limited Unaudited accounts for the year ended 31 March 2022
Lux Electrical Contractors Limited Unaudited accounts Contents
Page
- 2 -
Lux Electrical Contractors Limited Company Information for the year ended 31 March 2022
Directors
Mark Cumber Thomas Shepherd
Company Number
08095143 (England and Wales)
Registered Office
Lower Ground Floor Office 231 Shoreditch High Street London E1 6PJ
- 3 -
Lux Electrical Contractors Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
41,270 
52,139 
Current assets
Inventories
12,328 
174,905 
Debtors
5
178,662 
66,673 
Cash at bank and in hand
73,297 
93,308 
264,287 
334,886 
Creditors: amounts falling due within one year
6
767 
(121,371)
Net current assets
265,054 
213,515 
Total assets less current liabilities
306,324 
265,654 
Creditors: amounts falling due after more than one year
7
(99,927)
(120,000)
Provisions for liabilities
Deferred tax
(10,157)
(10,157)
Net assets
196,240 
135,497 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
196,140 
135,397 
Shareholders' funds
196,240 
135,497 
For the year ending 31 March 2022 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 14 July 2022 and were signed on its behalf by
Mark Cumber Director Company Registration No. 08095143
- 4 -
Lux Electrical Contractors Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
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.
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 year, 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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2021
111,448 
2,979 
114,427 
Additions
- 
2,166 
2,166 
At 31 March 2022
111,448 
5,145 
116,593 
Depreciation
At 1 April 2021
60,049 
2,239 
62,288 
Charge for the year
12,850 
185 
13,035 
At 31 March 2022
72,899 
2,424 
75,323 
Net book value
At 31 March 2022
38,549 
2,721 
41,270 
At 31 March 2021
51,399 
740 
52,139 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
163,689 
87,784 
Other debtors
14,973 
(21,111)
178,662 
66,673 
- 5 -
Lux Electrical Contractors Limited Notes to the Accounts for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
(4,958)
(69,576)
Obligations under finance leases and hire purchase contracts
5,179 
6,006 
Trade creditors
283,837 
229,420 
Taxes and social security
(144,423)
96,314 
Loans from directors
(140,402)
(140,793)
(767)
121,371 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
99,927 
120,000 
8
Average number of employees
During the year the average number of employees was 22 (2021: 22).
- 6 -