DRH ELECTRICAL CONTRACTORS LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06433574 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

DRH ELECTRICAL CONTRACTORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D R Hattersley

REGISTERED OFFICE:

2 North Crescent

Killamarsh

Sheffield

South Yorkshire

S21 2DD

REGISTERED NUMBER:

06433574 (England and Wales)

FIXED ASSETS

Tangible assets

2

12,607

13,270

CURRENT ASSETS

Stocks

8,394

3,800

Debtors

14,641

21,523

Cash at bank

1,979

111

25,014

25,434

CREDITORS

Amounts falling due within one year

15,361

22,565

NET CURRENT ASSETS

9,653

2,869

TOTAL ASSETS LESS CURRENT LIABILITIES

22,260

16,139

CREDITORS

Amounts falling due after more than one year

(10,622

)

(8,953

)

PROVISIONS FOR LIABILITIES

(2,509

)

(1,801

)

NET ASSETS

9,129

5,385

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

9,128

5,384

SHAREHOLDERS' FUNDS

9,129

5,385

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 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 23 August 2015 and were signed by:

D R Hattersley - 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

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

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

27,276

Additions

17,335

Disposals

(25,449

)

At 30 November 2014

19,162

DEPRECIATION

At 1 December 2013

14,006

Charge for year

5,802

Eliminated on disposal

(13,253

)

At 30 November 2014

6,555

NET BOOK VALUE

At 30 November 2014

12,607

At 30 November 2013

13,270

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1