Abbreviated Company Accounts - M S W ELECTRICAL SERVICES (HULL) LTD

M S W ELECTRICAL SERVICES (HULL) LTD - Company Information

07465142 M S W ELECTRICAL SERVICES (HULL) LTD 2015-03-31 false 2014-04-01 2015-03-31 true 07465142 2014-04-01 2015-03-31 07465142 2015-03-31 07465142 2014-03-31 07465142 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07465142 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 07465142

M S W ELECTRICAL SERVICES (HULL) LTD

Abbreviated Accounts

31 March 2015

M S W ELECTRICAL SERVICES (HULL) LTD Registered Number 07465142

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,440	10,514
		8,440	10,514
Current assets
Debtors		5,284	2,431
Cash at bank and in hand		15,965	6,933
		21,249	9,364
Creditors: amounts falling due within one year		(28,533)	(19,659)
Net current assets (liabilities)		(7,284)	(10,295)
Total assets less current liabilities		1,156	219
Accruals and deferred income		(880)	(880)
Total net assets (liabilities)		276	(661)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		274	(663)
Shareholders' funds		276	(661)

For the year ending 31 March 2015 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 28 May 2015

And signed on their behalf by:
Michael Watts, Director

M S W ELECTRICAL SERVICES (HULL) LTD Registered Number 07465142

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention.

Turnover policy
Turnover represents the value of services provided under contracts to the extent
that there is a right to consideration and is recorded at the value of the
consideration due.

Where a contract has only been partially completed at the balance sheet date,
turnover represents the value of the service provided to date based on a
proportion of the total expected consideration at completion. Where payments
are received from customers in advance of services provided, the amounts are
recorded as Deferred Income and included as part of Creditors due within one
year.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each
asset over its estimated useful life.

Tools and equipment 20% on written down value

Valuation information and policy
Stocks are stated at the lower of cost and net realisable value.

Other accounting policies
Provision is made at current rates for deferred taxation in respect of all material
timing differences except to the extent that, in the opinion of the directors, there
is a reasonable probability that the liability will not crystallise in the foreseeable
future.

2Tangible fixed assets

	£
Cost
At 1 April 2014	14,991
Additions	549
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	15,540
Depreciation
At 1 April 2014	4,477
Charge for the year	2,623
On disposals	-
At 31 March 2015	7,100
Net book values
At 31 March 2015	8,440
At 31 March 2014	10,514

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2