Company Registration No. 14467194 (England and Wales)
Electrimech Power Boards Ltd
Unaudited accounts
for the period from 7 November 2022 to 30 November 2023
Electrimech Power Boards Ltd
Unaudited accounts
Contents
Electrimech Power Boards Ltd
Company Information
for the period from 7 November 2022 to 30 November 2023
Company Number
14467194 (England and Wales)
Registered Office
38 Hawthorne Avenue
Hull
East Riding of Yorkshire
HU10 6JJ
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Electrimech Power Boards Ltd
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
2,133
Creditors: amounts falling due within one year
(1,359)
Total assets less current liabilities
1,022
Provisions for liabilities
Profit and loss account
974
For the period ending 30 November 2023 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 23 November 2023 and were signed on its behalf by
Mr M A Jubb
Director
Company Registration No. 14467194
Electrimech Power Boards Ltd
Notes to the Accounts
for the period from 7 November 2022 to 30 November 2023
Electrimech Power Boards Ltd is a private company, limited by shares, registered in England and Wales, registration number 14467194. The registered office is 38 Hawthorne Avenue , Hull, East Riding of Yorkshire , HU10 6JJ, United Kingdom.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% cost
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Electrimech Power Boards Ltd
Notes to the Accounts
for the period from 7 November 2022 to 30 November 2023
4
Tangible fixed assets
Plant & machinery
5
Creditors: amounts falling due within one year
2023
Taxes and social security
252
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
7
Average number of employees
During the period the average number of employees was 1.
