Company Registration No. 08095143 (England and Wales)
Lux Electrical Contractors Limited
Unaudited accounts
for the year ended 31 March 2021
Lux Electrical Contractors Limited
Unaudited accounts
Contents
Lux Electrical Contractors Limited
Company Information
for the year ended 31 March 2021
Directors
Mark Cumber
Thomas Shepherd
Company Number
08095143 (England and Wales)
Registered Office
Lower Ground Floor Office
231 Shoreditch High Street
London
E1 6PJ
Lux Electrical Contractors Limited
Statement of financial position
as at 31 March 2021
Tangible assets
52,139
52,664
Inventories
174,905
12,328
Cash at bank and in hand
93,308
58,360
Creditors: amounts falling due within one year
(121,371)
(259,479)
Net current assets
213,515
176,306
Total assets less current liabilities
265,654
228,970
Creditors: amounts falling due after more than one year
(120,000)
-
Provisions for liabilities
Deferred tax
(10,157)
(10,157)
Net assets
135,497
218,813
Called up share capital
100
100
Profit and loss account
135,397
218,713
Shareholders' funds
135,497
218,813
For the year ending 31 March 2021 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 10 December 2021 and were signed on its behalf by
Mark Cumber
Director
Company Registration No. 08095143
Lux Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2021
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 2020
98,648
2,979
101,627
At 31 March 2021
111,448
2,979
114,427
At 1 April 2020
47,182
1,781
48,963
Charge for the year
12,867
458
13,325
At 31 March 2021
60,049
2,239
62,288
At 31 March 2021
51,399
740
52,139
At 31 March 2020
51,466
1,198
52,664
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
87,784
366,649
Other debtors
(21,111)
(1,552)
Lux Electrical Contractors Limited
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
(69,576)
71,047
Obligations under finance leases and hire purchase contracts
6,006
11,160
Trade creditors
229,420
58,892
Taxes and social security
96,314
96,423
Loans from directors
(140,793)
21,957
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 22 (2020: 20).
