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dpl-frs:Item12
2017-04-01
2018-03-31
06081864
dpl-frs:CostSales
dpl-frs:Item12
2017-03-31
06081864
dpl-frs:CostSales
dpl-frs:Item12
2018-03-31
06081864
dpl-frs:DistributionCosts
dpl-frs:Item12
2017-04-01
2018-03-31
06081864
dpl-frs:AdministrativeExpenses
dpl-frs:Item12
2017-04-01
2018-03-31
06081864
1
2017-04-01
2018-03-31
06081864
frs-countries:EnglandWales
2017-04-01
2018-03-31
NU Electrics Limited
Unaudited Financial Statements
For The Year Ended 31 March 2019
FMA Accountants Ltd
Chartered Certified Accountants
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Unaudited Financial Statements
Balance Sheet
Registered number:
06081864
|
2019 |
2018 |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
| Tangible Assets |
5
|
|
1,398
|
|
1,864
|
| |
|
|
|
|
|
|
|
|
1,398
|
|
1,864
|
| CURRENT ASSETS |
| Debtors |
6
|
26,762
|
|
39,522
|
|
| Cash at bank and in hand |
|
1,885
|
|
-
|
|
| |
|
|
|
|
|
|
28,647
|
|
39,522
|
|
| Creditors: Amounts Falling Due Within One Year |
7
|
(28,845
)
|
|
(38,907
)
|
|
| |
|
|
|
|
| NET CURRENT ASSETS (LIABILITIES) |
|
|
(198
)
|
|
615
|
| |
|
|
|
|
|
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
1,200
|
|
2,479
|
| |
|
|
|
|
|
| NET ASSETS |
|
|
1,200
|
|
2,479
|
| |
|
|
|
|
|
| CAPITAL AND RESERVES |
| Called up share capital |
8
|
|
1,200
|
|
1,000
|
| Profit and Loss Account |
|
|
-
|
|
1,479
|
| |
|
|
|
|
|
| SHAREHOLDERS' FUNDS |
|
|
1,200
|
|
2,479
|
| |
|
|
|
|
|
Page 1
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
-
The member has 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.
- The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
25% on reducing balance
|
| Computer Equipment |
25% Straight Line
|
1.4.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
5.
Tangible Assets
|
|
|
Plant & Machinery |
|
£ |
| Cost |
| As at 1 April 2018 |
17,467
|
| |
|
| As at 31 March 2019 |
17,467
|
| |
|
| Depreciation |
| As at 1 April 2018 |
15,603
|
| Provided during the period |
466
|
| |
|
| As at 31 March 2019 |
16,069
|
| |
|
| Net Book Value |
| As at 31 March 2019 |
1,398
|
| |
|
| As at 1 April 2018 |
1,864
|
| |
|
Page 3
6.
Debtors
|
2019 |
|
2018 |
|
£ |
|
£ |
| Due within one year |
| Other debtors |
200
|
|
-
|
| Construction Industry Scheme (CIS) |
14,017
|
|
15,694
|
| Director's loan account |
12,545
|
|
23,828
|
| |
|
|
|
|
26,762
|
|
39,522
|
| |
|
|
|
7.
Creditors: Amounts Falling Due Within One Year
|
2019 |
|
2018 |
|
£ |
|
£ |
| Bank loans and overdrafts |
10,661
|
|
7,100
|
| Corporation tax |
15,640
|
|
393
|
| VAT |
2,544
|
|
3,792
|
| Other creditors |
-
|
|
27,622
|
| |
|
|
|
|
28,845
|
|
38,907
|
| |
|
|
|
8.
Share Capital
|
2019 |
|
2018 |
| Allotted, Called up and fully paid |
1,200
|
|
1,000
|
| |
|
|
|
9.
Dividends
|
2019 |
|
2018 |
|
£ |
|
£ |
| On equity shares: |
| Final dividend paid |
67,609
|
|
-
|
| |
|
|
|
|
67,609
|
|
-
|
| |
|
|
|
10.
Ultimate Controlling Party
The company's ultimate controlling party is Mr Christian Scranney by virtue of his ownership of 75% of the issued share capital in the company.
Page 4
