Link Electrical Installations Ltd

Link Electrical Installations Ltd

LINK ELECTRICAL INSTALLATIONS LTD - Company Information

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Company Registration No. 07364948 (England and Wales)
Link Electrical Installations Ltd Unaudited accounts for the year ended 30 September 2018
Link Electrical Installations Ltd Unaudited accounts Contents
Page
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Link Electrical Installations Ltd Company Information for the year ended 30 September 2018
Director
J Link
Company Number
07364948 (England and Wales)
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Link Electrical Installations Ltd Statement of financial position as at 30 September 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,198 
3,734 
Current assets
Debtors
5
100 
2,401 
Cash at bank and in hand
16,306 
11,222 
16,406 
13,623 
Creditors: amounts falling due within one year
6
(31,781)
(24,030)
Net current liabilities
(15,375)
(10,407)
Net assets/(liabilities)
5,823 
(6,673)
Capital and reserves
Called up share capital
7
2 
2 
Profit and loss account
5,821 
(6,675)
Shareholders' funds
5,823 
(6,673)
For the year ending 30 September 2018 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.
Approved by the Board on 29 April 2019.
J Link Director Company Registration No. 07364948
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Link Electrical Installations Ltd Notes to the Accounts for the year ended 30 September 2018
1
Statutory information
Link Electrical Installations Ltd is a private company, limited by shares, registered in England and Wales, registration number 07364948.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Fixtures & fittings
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2017
29,298 
550 
29,848 
Additions
17,464 
- 
17,464 
Disposals
(22,592)
- 
(22,592)
At 30 September 2018
24,170 
550 
24,720 
Depreciation
At 1 October 2017
25,564 
550 
26,114 
Charge for the year
(22,592)
- 
(22,592)
At 30 September 2018
2,972 
550 
3,522 
Net book value
At 30 September 2018
21,198 
- 
21,198 
At 30 September 2017
3,734 
- 
3,734 
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Link Electrical Installations Ltd Notes to the Accounts for the year ended 30 September 2018
5
Debtors
2018 
2017 
£ 
£ 
Trade debtors
100 
2,180 
Other debtors
- 
221 
100 
2,401 
6
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Obligations under finance leases and hire purchase contracts
21,803 
8,390 
Taxes and social security
4,027 
5,690 
Loans from directors
3,951 
8,950 
Accruals
2,000 
1,000 
31,781 
24,030 
7
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 0 (2017: 0).
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