AJ Wright (Electrical) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06411646

Financial Statements

for the Year Ended 31 December 2018

for

AJ Wright (Electrical) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C H Pitt

J R Tansey

REGISTERED OFFICE:

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

REGISTERED NUMBER:

06411646

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

10,034

11,681

CURRENT ASSETS

Stocks

99,714

90,620

Debtors

5

362,790

355,731

Cash at bank and in hand

1,560

9,834

464,064

456,185

CREDITORS

Amounts falling due within one year

6

253,375

239,156

NET CURRENT ASSETS

210,689

217,029

TOTAL ASSETS LESS CURRENT LIABILITIES

220,723

228,710

CREDITORS

Amounts falling due after more than one year

7

44,667

70,438

NET ASSETS

176,056

158,272

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

175,956

158,172

SHAREHOLDERS' FUNDS

176,056

158,272

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 May 2019 and were signed on its behalf by:

Ms C H Pitt - Director

1.	STATUTORY INFORMATION

AJ Wright (Electrical) Limited is a private company, limited by shares , registered in Not

specified/Other. 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 etc

-

20% on reducing balance and 15% on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect

of work in progress and finished goods, cost includes a relevant proportion of overheads according to

the stage of manufacture or completion.

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 7 (2017 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2018

17,413

Additions

682

At 31 December 2018

18,095

DEPRECIATION

At 1 January 2018

5,732

Charge for year

2,329

At 31 December 2018

8,061

NET BOOK VALUE

At 31 December 2018

10,034

At 31 December 2017

11,681

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

180,000

125,508

Other debtors

182,790

230,223

362,790

355,731

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

204,328

202,076

Other creditors

49,047

37,080

253,375

239,156

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.18

31.12.17

£

£

Other creditors

44,667

70,438

8.	ULTIMATE CONTROLLING PARTY

The controlling party is HCompanyOne Limited.

Incorporated in England and Wales

Registered office: 41-43 Market Place, Chippenham, Wiltshire, SN15 3HR