R & M Connect (Electrical Contractors) L - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06337277 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 August 2014

for

R & M Connect (Electrical Contractors)

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R L Skelton

SECRETARY:

REGISTERED OFFICE:

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

REGISTERED NUMBER:

06337277 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Tangible assets

2

16,686

13,856

CURRENT ASSETS

Stocks

1,500

1,500

Debtors

1,800

2,503

Cash at bank and in hand

38,510

59,215

41,810

63,218

CREDITORS

Amounts falling due within one year

27,498

23,984

NET CURRENT ASSETS

14,312

39,234

TOTAL ASSETS LESS CURRENT LIABILITIES

30,998

53,090

CAPITAL AND RESERVES

Called up share capital

3

20

20

Profit and loss account

30,978

53,070

SHAREHOLDERS' FUNDS

30,998

53,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 March 2015 and were signed by:

R L Skelton - 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 the net amount receivable for goods supplied and services provided, excluding value added tax, except

in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

31,193

Additions

9,248

Disposals

(7,191

)

At 31 August 2014

33,250

DEPRECIATION

At 1 September 2013

17,337

Charge for year

5,102

Eliminated on disposal

(5,875

)

At 31 August 2014

16,564

NET BOOK VALUE

At 31 August 2014

16,686

At 31 August 2013

13,856

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.14

31.8.13

value:

£

£

20

Ordinary

1.00

20

20