RPM_ELEC_&_MECH_CONTRACTO - Accounts

RPM ELEC & MECH CONTRACTORS LIMITED - Company Information

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Company Registration No. 05527578 (England and Wales)

RPM ELEC & MECH CONTRACTORS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

RPM ELEC & MECH CONTRACTORS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

RPM ELEC & MECH CONTRACTORS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

5,000

Tangible assets

12,822

15,081

12,823

20,081

Current assets

Stocks

4,910

5,251

Debtors

21,194

19,831

Cash at bank and in hand

2,444

4,468

28,548

29,550

Creditors: amounts falling due within one year

(21,889)

(21,124)

Net current assets

6,659

8,426

Total assets less current liabilities

19,482

28,507

Creditors: amounts falling due after more than one year

(6,355)

(12,516)

Provisions for liabilities

(2,332)

(2,734)

10,795

13,257

Capital and reserves

Called up share capital

1,000

Profit and loss account

9,795

12,257

Shareholders' funds

10,795

13,257

RPM ELEC & MECH CONTRACTORS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 SEPTEMBER 2014

- 2 -

For the financial year ended 30 September 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board and authorised for issue on 28 May 2015

Mr R J D Evans

Director

Company Registration No. 05527578

RPM ELEC & MECH CONTRACTORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

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

Plant and machinery

25% reducing balance

Office equipment

25% reducing balance

Motor vehicles

20% reducing balance

1.6

Leasing and hire purchase commitments

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

1.7

Stock

Stock is valued at the lower of cost and net realisable value.

1.8

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

RPM ELEC & MECH CONTRACTORS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2014

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 October 2013

35,000

43,956

78,956

Additions

1,003

At 30 September 2014

35,000

44,959

79,959

Depreciation

At 1 October 2013

30,000

28,875

58,875

Charge for the year

4,999

3,262

8,261

At 30 September 2014

34,999

32,137

67,136

Net book value

At 30 September 2014

12,822

12,823

At 30 September 2013

5,000

15,081

20,081

Share capital

2014

2013

Allotted, called up and fully paid

1,000 Ordinary of £1 each

1,000