R S Electrical (Aldershot) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06745867 (England and Wales)

Financial Statements

for the Year Ended 31 March 2021

for

R S Electrical (Aldershot) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

RA Smith

SJ Smith

REGISTERED OFFICE:

James House

153 Grosvenor Road

Aldershot

Hampshire

GU11 3EF

BUSINESS ADDRESS:

19 The Avenue

Aldershot

Hampshire

GU12 4BJ

REGISTERED NUMBER:

06745867 (England and Wales)

ACCOUNTANTS:

Perrin & Co

James House

153 Grosvenor Road

Aldershot

Hampshire

GU11 3EF

FIXED ASSETS

Tangible assets

4

133

177

CURRENT ASSETS

Debtors

5

8,273

11,133

Cash at bank

7,122

12,718

15,395

23,851

CREDITORS

Amounts falling due within one year

6

14,622

23,295

NET CURRENT ASSETS

773

556

TOTAL ASSETS LESS CURRENT LIABILITIES

906

733

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

806

633

SHAREHOLDERS' FUNDS

906

733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 16 August 2021 and were signed on its behalf by:

RA Smith - Director

1.	STATUTORY INFORMATION

R S Electrical (Aldershot) 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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

and 31 March 2021

2,296

DEPRECIATION

At 1 April 2020

2,119

Charge for year

44

At 31 March 2021

2,163

NET BOOK VALUE

At 31 March 2021

133

At 31 March 2020

177

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade debtors

-

504

Other debtors

8,273

10,629

8,273

11,133

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Corporation tax

4,039

5,608

Directors' loan accounts

9,087

16,234

Accruals

1,496

1,453

14,622

23,295

7.	RELATED PARTY DISCLOSURES

As at 31 March 2021 creditors includes an amount of £9,087 (2020: £16,234) being in respect of a loan owed by the company to its directors. This loan is repayable upon demand, and no interest is being charged.