Paul Sproat Electrical Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07640438 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

PAUL SPROAT ELECTRICAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Sproat

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

07640438 (England and Wales)

ACCOUNTANTS:

Jones Harris Limited

Chartered Accountants

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

CURRENT ASSETS

Debtors

1,753

-

Cash at bank

17,337

27,775

19,090

27,775

CREDITORS

Amounts falling due within one year

16,949

26,354

NET CURRENT ASSETS

2,141

1,421

TOTAL ASSETS LESS CURRENT LIABILITIES

2,141

1,421

CAPITAL AND RESERVES

Called up share capital

2

30

2

Profit and loss account

2,111

1,419

SHAREHOLDERS' FUNDS

2,141

1,421

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 28 July 2015 and were signed by:

Mr P Sproat - 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 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.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

10

Ordinary

£1

10

2

10

A Ordinary

£1

10

-

10

B Ordinary

£1

10

-

30

2

The following shares were issued during the year for cash at par :

8 Ordinary shares of £1

10 A Ordinary shares of £1

10 B Ordinary shares of £1