YK Electricals (London) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07662968 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2014

FOR

YK ELECTRICALS (LONDON) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M Savas Sivis

Y Keles

REGISTERED OFFICE:

Second Floor

61-67 Old Street

London

EC1V 9HW

REGISTERED NUMBER:

07662968 (England and Wales)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Second Floor

61-67 Old Street

London

EC1V 9HW

CURRENT ASSETS

Stocks

8,470

-

Debtors

10,513

730

Cash at bank and in hand

2,038

231

21,021

961

CREDITORS

Amounts falling due within one year

6,566

1,740

NET CURRENT ASSETS/(LIABILITIES)

14,455

(779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,455

(779

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

14,453

(781

)

SHAREHOLDERS' FUNDS

14,455

(779

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 February 2015 and were signed on its behalf by:

Y Keles - Director

M Savas Sivis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

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

moving items.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

£

2

Ordinary

£1

2

2