Company Registration No. 07706059 (England and Wales)
D Davies Electrical Services Ltd
Unaudited accounts
for the year ended 31 July 2020
D Davies Electrical Services Ltd
Unaudited accounts
Contents
D Davies Electrical Services Ltd
Company Information
for the year ended 31 July 2020
Company Number
07706059 (England and Wales)
Registered Office
Bron Haul
Johns Terrace, Carmel
Llanelli
Carmarthenshire
SA14 7SD
Accountants
Waltwood Accountants
Bron Haul
Johns Terrace, Carmel
Llanelli
Carmarthenshire
SA14 7SD
D Davies Electrical Services Ltd
Statement of financial position
as at
31 July 2020
Tangible assets
55,250
38,191
Cash at bank and in hand
174,377
109,719
Creditors: amounts falling due within one year
(117,486)
(65,046)
Net current assets
251,198
128,637
Total assets less current liabilities
306,448
166,828
Creditors: amounts falling due after more than one year
(50,000)
-
Net assets
256,448
166,828
Called up share capital
1
1
Profit and loss account
256,447
166,827
Shareholders' funds
256,448
166,828
For the year ending 31 July 2020 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 13 October 2020 and were signed on its behalf by
Mr D M Davies
Director
Company Registration No. 07706059
D Davies Electrical Services Ltd
Notes to the Accounts
for the year ended 31 July 2020
D Davies Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07706059. The registered office is Bron Haul, Johns Terrace, Carmel, Llanelli, Carmarthenshire, SA14 7SD.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
D Davies Electrical Services Ltd
Notes to the Accounts
for the year ended 31 July 2020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2019
76,408
55,419
131,827
Additions
27,555
7,920
35,475
At 31 July 2020
103,963
63,339
167,302
At 1 August 2019
55,556
38,080
93,636
Charge for the year
12,102
6,314
18,416
At 31 July 2020
67,658
44,394
112,052
At 31 July 2020
36,305
18,945
55,250
At 31 July 2019
20,852
17,339
38,191
Trade debtors
99,520
31,569
Other debtors
70,530
46,257
Total debtors less than one year
170,050
77,826
Total debtors
170,050
77,826
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
53,843
32,991
Taxes and social security
53,767
32,055
Loans from directors
9,876
-
8
Creditors: amounts falling due after more than one year
2020
2019
9
Average number of employees
During the year the average number of employees was 4 (2019: 5).