Electrical Engineering Services (Gb) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06250949 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 June 2018

for

Electrical Engineering Services (Gb)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

P Filmer

S Williams

SECRETARY:

P Filmer

REGISTERED OFFICE:

Lynncoln House

Enterprise Way

Hardwick Narrows

King's Lynn

Norfolk

PE30 4LJ

REGISTERED NUMBER:

06250949 (England and Wales)

ACCOUNTANTS:

G A Services

10 Ash Grove

South Wootton

King's Lynn

Norfolk

PE30 3TS

FIXED ASSETS

Tangible assets

4

14,427

12,821

CURRENT ASSETS

Stocks

233,765

231,921

Debtors

5

234,061

193,374

Cash at bank

75,981

48,365

543,807

473,660

CREDITORS

Amounts falling due within one year

6

178,885

115,599

NET CURRENT ASSETS

364,922

358,061

TOTAL ASSETS LESS CURRENT LIABILITIES

379,349

370,882

PROVISIONS FOR LIABILITIES

2,159

1,816

NET ASSETS

377,190

369,066

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

377,186

369,062

SHAREHOLDERS' FUNDS

377,190

369,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 20 November 2018 and were signed on its behalf by:

S Williams - Director

1.	STATUTORY INFORMATION

Electrical Engineering Services (Gb) 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 9 (2017 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2017

29,893

Additions

4,940

At 30 June 2018

34,833

DEPRECIATION

At 1 July 2017

17,072

Charge for year

3,334

At 30 June 2018

20,406

NET BOOK VALUE

At 30 June 2018

14,427

At 30 June 2017

12,821

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade debtors

214,061

170,494

Other debtors

20,000

22,880

234,061

193,374

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade creditors

99,718

18,560

Taxation and social security

41,348

58,404

Other creditors

37,819

38,635

178,885

115,599

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the 30th June 2018, the following amounts were owed to the directors in respect of their loan accounts: Mr

P Filmer £361 (2017 - £1319) Mr S Williams £368 (2017 - £1319)

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

G A Services

10 Ash Grove

South Wootton

King's Lynn

Norfolk

PE30 3TS

20 November 2018