Abbreviated Company Accounts - ELECTRITEC LTD.

Registered Number 02439107

ELECTRITEC LTD.

Abbreviated Accounts

31 October 2014

ELECTRITEC LTD. Registered Number 02439107

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	13,717	3,074
		13,717	3,074
Current assets
Stocks		1,000	1,000
Debtors		8,796	33,736
Cash at bank and in hand		7,967	3,000
		17,763	37,736
Creditors: amounts falling due within one year		(7,901)	(24,568)
Net current assets (liabilities)		9,862	13,168
Total assets less current liabilities		23,579	16,242
Total net assets (liabilities)		23,579	16,242
Capital and reserves
Called up share capital		20,000	20,000
Profit and loss account		3,579	(3,758)
Shareholders' funds		23,579	16,242

For the year ending 31 October 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 8 April 2015

And signed on their behalf by:
Mr Bernard Richardson, Director

ELECTRITEC LTD. Registered Number 02439107

Notes to the Abbreviated Accounts for the period ended 31 October 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected economic useful life as follows.

Plant and machinery 25% on WDV
Fixtures and Fittings 25% on WDV
Motor Vehicles 25% on WDV

2Tangible fixed assets

	£
Cost
At 1 November 2013	25,832
Additions	15,215
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	41,047
Depreciation
At 1 November 2013	22,758
Charge for the year	4,572
On disposals	-
At 31 October 2014	27,330
Net book values
At 31 October 2014	13,717
At 31 October 2013	3,074