Electricall IOW Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07814493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

ELECTRICALL IOW LTD

Page

Company Information

1

Balance Sheet

2

Chartered Accountants' Report

4

DIRECTORS:

M L Cottier

Mrs L M Cottier

SECRETARY:

Mrs L M Cottier

REGISTERED OFFICE:

14 Fleet Close

Ryde

Isle of Wight

PO33 3UU

REGISTERED NUMBER:

07814493 (England and Wales)

ACCOUNTANTS:

Harrison Black Limited

Pyle House

136/137 Pyle Street

Newport

Isle of Wight

PO30 1JW

FIXED ASSETS

10,006

11,559

CURRENT ASSETS

5,164

11,104

CREDITORS

Amounts falling due within one year

(9,600

)

(9,295

)

NET CURRENT (LIABILITIES)/ASSETS

(4,436

)

1,809

TOTAL ASSETS LESS CURRENT LIABILITIES

5,570

13,368

CREDITORS

Amounts falling due after more than one year

13,202

19,954

NET LIABILITIES

(7,632

)

(6,586

)

CAPITAL AND RESERVES

(7,632

)

(6,586

)

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2021 - 2 ) .

2.	OFF-BALANCE SHEET ARRANGEMENTS

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurances from the shareholders that they will continue to give financial support to the company for twelve months from the date these financial statements are signed.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2022 and were signed on its behalf by:

M L Cottier - Director

Mrs L M Cottier - Director

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Electricall IOW Ltd for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Electricall IOW Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Electricall IOW Ltd and state those matters that we have agreed to state to the Board of Directors of Electricall IOW Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Electricall IOW Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Electricall IOW Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Electricall IOW Ltd. You consider that Electricall IOW Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Electricall IOW Ltd. 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 financial statements.

Harrison Black Limited

Pyle House

136/137 Pyle Street

Newport

Isle of Wight

PO30 1JW

3 October 2022