BOLT ELECTRICAL CONTRACTORS LIMITED Filleted accounts for Companies House (small and micro)
BOLT ELECTRICAL CONTRACTORS LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08270698
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Abridged Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Stocks |
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Debtors |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
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-------- |
-------- |
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Net current assets |
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-------- |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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-------- |
-------- |
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Net assets |
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-------- |
-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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------- |
-------- |
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Shareholders funds |
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------- |
-------- |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
22 December 2020
, and are signed on behalf of the board by:
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Director |
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Company registration number:
08270698
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Notes to the Abridged Financial Statements |
Year ended 31st March 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Lightning Road, Calne, Wiltshire, SN11 8GD.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Operating leases
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Equipment |
- |
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Motor Vehicles |
- |
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Office Equipment |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2019:
4
).
5.
Intangible assets
£ |
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Cost |
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At 1st April 2019 and 31st March 2020 |
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Amortisation |
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At 1st April 2019 and 31st March 2020 |
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-------- |
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Carrying amount |
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At 31st March 2020 |
– |
-------- |
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At 31st March 2019 |
– |
-------- |
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6.
Tangible assets
£ |
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Cost |
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At 1st April 2019 |
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Additions |
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-------- |
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At 31st March 2020 |
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-------- |
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Depreciation |
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At 1st April 2019 |
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Charge for the year |
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-------- |
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At 31st March 2020 |
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-------- |
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Carrying amount |
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At 31st March 2020 |
18,837 |
-------- |
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At 31st March 2019 |
23,476 |
-------- |
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7.
Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2020 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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-------- |
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---- |
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2019 |
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Balance brought forward |
Advances/ (credits) to the director |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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---- |
-------- |
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8.
Related party transactions
The company was under the control of Mr R Bolt throughout the current and previous year. Mr Bolt is the managing director and sole shareholder.