Company Registration No. 11327046 (England and Wales)
PRESTIGE ELECTRICAL SERVICES OXON LTD
Unaudited accounts
for the period from 24 April 2018 to 30 April 2019
PRESTIGE ELECTRICAL SERVICES OXON LTD
Unaudited accounts
Contents
PRESTIGE ELECTRICAL SERVICES OXON LTD
Company Information
for the period from 24 April 2018 to 30 April 2019
Company Number
11327046 (England and Wales)
Registered Office
14 MALLOW CLOSE
SOUTHMOOR
OXFORDSHIRE
OX13 5FN
ENGLAND
Accountants
J JENKIN & ASSOCIATES LIMITED
POST OFFICE VAULTS
4 MARKET PLACE
WANTAGE
OXFORDSHIRE
OX12 8AT
PRESTIGE ELECTRICAL SERVICES OXON LTD
Statement of financial position
as at
30 April 2019
Cash at bank and in hand
8,464
Creditors: amounts falling due within one year
(7,242)
Net current assets
17,261
Called up share capital
1
Profit and loss account
24,280
Shareholders' funds
24,281
For the period ending 30 April 2019 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.
Approved by the Board on 13 November 2019.
Joseph Bennett
Director
Company Registration No. 11327046
PRESTIGE ELECTRICAL SERVICES OXON LTD
Notes to the Accounts
for the period from 24 April 2018 to 30 April 2019
PRESTIGE ELECTRICAL SERVICES OXON LTD is a private company, limited by shares, registered in England and Wales, registration number 11327046. The registered office is 14 MALLOW CLOSE, SOUTHMOOR, OXFORDSHIRE, OX13 5FN, ENGLAND.
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
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.
PRESTIGE ELECTRICAL SERVICES OXON LTD
Notes to the Accounts
for the period from 24 April 2018 to 30 April 2019
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
6,194
3,166
9,360
At 30 April 2019
6,194
3,166
9,360
Charge for the period
1,548
792
2,340
At 30 April 2019
1,548
792
2,340
At 30 April 2019
4,646
2,374
7,020
Accrued income and prepayments
269
7
Creditors: amounts falling due within one year
2019
Taxes and social security
6,143
8
Average number of employees
During the period the average number of employees was 1.