Abbreviated Company Accounts - P.C. WRIGHT ELECTRICAL LIMITED

P.C. WRIGHT ELECTRICAL LIMITED - Company Information

05576406 P.C. WRIGHT ELECTRICAL LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 05576406 2014-01-01 2014-12-31 05576406 2014-12-31 05576406 2013-12-31 05576406 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 05576406 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 05576406

P.C. WRIGHT ELECTRICAL LIMITED

Abbreviated Accounts

31 December 2014

P.C. WRIGHT ELECTRICAL LIMITED Registered Number 05576406

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,380	13,744
		10,380	13,744
Current assets
Stocks		447	325
Debtors		14,276	15,442
Cash at bank and in hand		36,009	24,925
		50,732	40,692
Creditors: amounts falling due within one year		(57,552)	(48,838)
Net current assets (liabilities)		(6,820)	(8,146)
Total assets less current liabilities		3,560	5,598
Provisions for liabilities		(2,076)	(2,834)
Total net assets (liabilities)		1,484	2,764
Capital and reserves
Called up share capital	3	1,000	1,000
Profit and loss account		484	1,764
Shareholders' funds		1,484	2,764

For the year ending 31 December 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 May 2015

And signed on their behalf by:
P WRIGHT, Director

P.C. WRIGHT ELECTRICAL LIMITED Registered Number 05576406

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 15% Reducing balance
Motor vehicles - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2014	21,863
Additions	795
Disposals	(2,000)
Revaluations	-
Transfers	-
At 31 December 2014	20,658
Depreciation
At 1 January 2014	8,119
Charge for the year	2,159
On disposals	-
At 31 December 2014	10,278
Net book values
At 31 December 2014	10,380
At 31 December 2013	13,744

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,000 Ordinary shares of £1 each	1,000	1,000