R&H Electric (HO) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06516585 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 December 2014

for

R&H Electric (HO) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S Webb

Lemanagement Service SA

REGISTERED OFFICE:

Unit 8

Transfer Bridge Industrial Estate

County Road

Swindon

Wiltshire

SN1 2HW

REGISTERED NUMBER:

06516585 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

65 St Mary Street

Chippenham

Wiltshire

SN15 3JF

FIXED ASSETS

Tangible assets

2

3,833

4,990

CURRENT ASSETS

Stocks

202,091

206,717

Debtors

288,684

503,715

Cash at bank

43,549

41,512

534,324

751,944

CREDITORS

Amounts falling due within one year

535,003

743,262

NET CURRENT (LIABILITIES)/ASSETS

(679

)

8,682

TOTAL ASSETS LESS CURRENT LIABILITIES

3,154

13,672

CAPITAL AND RESERVES

Called up share capital

3

100

100

Share premium

54,362

54,362

Profit and loss account

(51,308

)

(40,790

)

SHAREHOLDERS' FUNDS

3,154

13,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 August 2015 and were signed on its behalf by:

S Webb - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Furniture, fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

22,064

DEPRECIATION

At 1 January 2014

17,074

Charge for year

1,157

At 31 December 2014

18,231

NET BOOK VALUE

At 31 December 2014

3,833

At 31 December 2013

4,990

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

100

Ordinary

£1

100

100

4.	ULTIMATE PARENT COMPANY

Grumpy Dwarf Ltd (incorporated in England ) is regarded by the directors as being the company's

ultimate parent company.