Company Registration No. 07851091 (England and Wales)
IRF CABLE INSTALLATIONS LIMITED
Filleted Accounts
for the year ended 30 November 2022
IRF CABLE INSTALLATIONS LIMITED
Filleted Accounts
Contents
IRF CABLE INSTALLATIONS LIMITED
Company Information
for the year ended 30 November 2022
Company Number
07851091 (England and Wales)
Registered Office
28 Rollesby Road
Chessington
Surrey
KT9 2BZ
Accountants
SSJ Accountants Ltd
173A High Street
Beckenham
Kent
BR3 1AH
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of IRF CABLE INSTALLATIONS LIMITED for the year ended 30 November 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
IRF CABLE INSTALLATIONS LIMITED for the year ended
30 November 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of IRF CABLE INSTALLATIONS LIMITED, as a body, in accordance with the terms of our engagement letter dated 17 November 2011. Our work has been undertaken solely to prepare for your approval the accounts of IRF CABLE INSTALLATIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of IRF CABLE INSTALLATIONS LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IRF CABLE INSTALLATIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that IRF CABLE INSTALLATIONS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of IRF CABLE INSTALLATIONS LIMITED. You consider that IRF CABLE INSTALLATIONS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of IRF CABLE INSTALLATIONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SSJ Accountants Ltd
Chartered Accountants
173A High Street
Beckenham
Kent
BR3 1AH
10 October 2023
IRF CABLE INSTALLATIONS LIMITED
Statement of financial position
as at 30 November 2022
Tangible assets
7,398
9,863
Cash at bank and in hand
2,890
26,533
Creditors: amounts falling due within one year
22,968
(3,694)
Net current assets
25,858
22,839
Called up share capital
100
100
Profit and loss account
33,156
32,602
Shareholders' funds
33,256
32,702
For the year ending 30 November 2022 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 11 October 2023 and were signed on its behalf by
Ian Fagan
Director
Company Registration No. 07851091
IRF CABLE INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
IRF CABLE INSTALLATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07851091. The registered office is 28 Rollesby Road, Chessington, Surrey, KT9 2BZ.
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.
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.
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
4
Tangible fixed assets
Motor vehicles
At 30 November 2022
13,150
IRF CABLE INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
17,220
12,594
Loans from directors
(40,188)
(9,092)
6
Average number of employees
During the year the average number of employees was 1 (2021: 1).