Company Registration No. 06277685 (England and Wales)
P R C Electrical Services Limited
Unaudited accounts
for the year ended 30 June 2021
P R C Electrical Services Limited
Unaudited accounts
Contents
P R C Electrical Services Limited
Company Information
for the year ended 30 June 2021
Directors
Mr Paul Russell Colwell
Mrs Rachel Elizabeth Colwell
Company Number
06277685 (England and Wales)
Registered Office
30 Damask Gardens
Waterlooville
Hampshire
PO7 8QZ
P R C Electrical Services Limited
Statement of financial position
as at 30 June 2021
Intangible assets
2,500
5,000
Tangible assets
18,455
22,934
Cash at bank and in hand
74,298
50,797
Creditors: amounts falling due within one year
(80,099)
(65,437)
Net current assets
31,743
39,453
Total assets less current liabilities
52,698
67,387
Creditors: amounts falling due after more than one year
-
(50,000)
Provisions for liabilities
Deferred tax
(3,506)
(2,905)
Called up share capital
10
10
Profit and loss account
49,182
14,472
Shareholders' funds
49,192
14,482
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 16 December 2021 and were signed on its behalf by
Mr Paul Russell Colwell
Director
Company Registration No. 06277685
P R C Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2021
P R C Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06277685. The registered office is 30 Damask Gardens, Waterlooville, Hampshire, PO7 8QZ.
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
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Total
P R C Electrical Services Limited
Notes to the Accounts
for the year ended 30 June 2021
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).
