REGISTERED NUMBER: 04447006 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2020

for

BEERE ELECTRICAL SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Beere

SECRETARY:

Mrs S Plumley

REGISTERED OFFICE:

Unit 1b Country Business Park

Lucas Green Road

West End

Surrey

GU24 9LZ

REGISTERED NUMBER:

04447006 (England and Wales)

ACCOUNTANTS:

WITNEY & CO LTD

Ground Floor

39 Guildford Road

Lightwater

Surrey

GU18 5SA

FIXED ASSETS

Tangible assets

4

140,481

181,927

CURRENT ASSETS

Stocks

2,780

2,640

Debtors

120,663

168,124

Cash at bank and in hand

145,002

127,386

268,445

298,150

CREDITORS

Amounts falling due within one year

114,003

222,258

NET CURRENT ASSETS

154,442

75,892

TOTAL ASSETS LESS CURRENT LIABILITIES

294,923

257,819

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

294,823

257,719

SHAREHOLDERS' FUNDS

294,923

257,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 February 2021 and were signed by:

R Beere - Director

1.	STATUTORY INFORMATION

BEERE ELECTRICAL SERVICES LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2019 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 September 2019

329,539

Additions

18,556

Disposals

(66,637

)

At 31 August 2020

281,458

DEPRECIATION

At 1 September 2019

147,612

Charge for year

37,107

Eliminated on disposal

(43,742

)

At 31 August 2020

140,977

NET BOOK VALUE

At 31 August 2020

140,481

At 31 August 2019

181,927

5.	RELATED PARTY DISCLOSURES

The controlling party is R Beere.

The ultimate controlling party is R Beere.