D.J. Rippon (Electrical) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05539286 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 AUGUST 2012 TO 31 DECEMBER 2013

FOR

D.J. RIPPON (ELECTRICAL) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

D J Rippon

SECRETARY:

Mrs C M Rippon

REGISTERED OFFICE:

44 St Helens Road

Swansea

West Glamorgan

SA1 4BB

REGISTERED NUMBER:

05539286 (England and Wales)

ACCOUNTANTS:

HR Harris & Partners (2010) Limited

Chartered Accountants

44 St Helens Road

Swansea

West Glamorgan

SA1 4BB

FIXED ASSETS

Intangible assets

2

19,200

20,800

Tangible assets

3

10,830

404

30,030

21,204

CURRENT ASSETS

Stocks

150

1,014

Debtors

2,032

-

Cash at bank

16,803

22,259

18,985

23,273

CREDITORS

Amounts falling due within one year

46,324

43,616

NET CURRENT LIABILITIES

(27,339

)

(20,343

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,691

861

PROVISIONS FOR LIABILITIES

2,094

-

NET ASSETS

597

861

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

497

761

SHAREHOLDERS' FUNDS

597

861

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2013 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 22 July 2014 and were signed by:

D J Rippon - 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 and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in December 2005, is

being amortised evenly over its estimated useful life of 20 years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, and have been valued by the director.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2012

and 31 December 2013

32,000

AMORTISATION

At 1 August 2012

11,200

Amortisation for period

1,600

At 31 December 2013

12,800

NET BOOK VALUE

At 31 December 2013

19,200

At 31 July 2012

20,800

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2012

2,616

Additions

14,036

At 31 December 2013

16,652

DEPRECIATION

At 1 August 2012

2,212

Charge for period

3,610

At 31 December 2013

5,822

NET BOOK VALUE

At 31 December 2013

10,830

At 31 July 2012

404

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

100

Ordinary

£1

100

100

5.	ULTIMATE CONTROLLING PARTY

The company is controlled by D J Rippon, who is the director of the company.