St Helens Electrical Supplies Limited - Limited company - abbreviated - 11.6
St Helens Electrical Supplies Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
FOR |
ST HELENS ELECTRICAL SUPPLIES LIMITED |
ST HELENS ELECTRICAL SUPPLIES LIMITED (REGISTERED NUMBER: 03983465) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
Page |
Abbreviated Balance Sheet | 1 |
Notes to the Abbreviated Accounts | 2 |
ST HELENS ELECTRICAL SUPPLIES LIMITED (REGISTERED NUMBER: 03983465) |
ABBREVIATED BALANCE SHEET |
31 AUGUST 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash in hand |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 financial statements were approved by the Board of Directors on |
ST HELENS ELECTRICAL SUPPLIES LIMITED (REGISTERED NUMBER: 03983465) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 AUGUST 2014 |
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. |
Goodwill |
Tangible fixed assets |
Improvements to property | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving |
items. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire |
purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over |
their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital |
element of the future payments is treated as a liability. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2013 |
and 31 August 2014 |
AMORTISATION |
At 1 September 2013 |
and 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
ST HELENS ELECTRICAL SUPPLIES LIMITED (REGISTERED NUMBER: 03983465) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2014 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 September 2013 |
Additions |
Disposals | ( |
) |
At 31 August 2014 |
DEPRECIATION |
At 1 September 2013 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 August 2014 |
NET BOOK VALUE |
At 31 August 2014 |
At 31 August 2013 |
Included in the cost of fixed assets are assets held under finance leases and hire purchase contracts amounting to £13,915 |
(2013 £13,915). At the balance sheet date accumulated depreciation on these assets amounted to £8,289 (2013 £6,414). |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £1 |