Company Registration No. 10861849 (England and Wales)
PA Higgins Electrical Ltd
Unaudited accounts
for the year ended 31 July 2019
PA Higgins Electrical Ltd
Company Information
for the year ended 31 July 2019
Directors
PA Higgins
SA Higgins
Company Number
10861849 (England and Wales)
Registered Office
12a High Street
Stoke Sub Hamdon
TA14 6PS
UK
PA Higgins Electrical Ltd
Statement of financial position
as at 31 July 2019
Cash at bank and in hand
18,915
15,140
Creditors: amounts falling due within one year
(15,076)
(18,726)
Net current assets
8,994
3,844
Called up share capital
2
2
Profit and loss account
9,206
4,162
Shareholders' funds
9,208
4,164
For the year ending 31 July 2019 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 directors acknowledge their 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 5 September 2019.
PA Higgins
Director
Company Registration No. 10861849
PA Higgins Electrical Ltd
Notes to the Accounts
for the year ended 31 July 2019
PA Higgins Electrical Ltd is a private company, limited by shares, registered in England and Wales, registration number 10861849. The registered office is 12a High Street, Stoke Sub Hamdon, TA14 6PS, UK.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
Accrued income and prepayments
705
3,192
PA Higgins Electrical Ltd
Notes to the Accounts
for the year ended 31 July 2019
6
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
-
2,349
Taxes and social security
5,899
5,593
Loans from directors
8,477
7,557
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 1 (2018: 1).
