Abbreviated Company Accounts - ELECTRIC CENTRAL LIMITED

ELECTRIC CENTRAL LIMITED - Company Information

Registered Number 07922848

ELECTRIC CENTRAL LIMITED

Abbreviated Accounts

31 December 2014

ELECTRIC CENTRAL LIMITED Registered Number 07922848

Abbreviated Balance Sheet as at 31 December 2014

	Notes	31/12/2014	31/01/2014
		£	£
Fixed assets
Intangible assets	2	56,389	69,873
Tangible assets	3	53,648	37,003
		110,037	106,876
Current assets
Stocks		18,264	10,550
Debtors		33,300	28,066
Cash at bank and in hand		15,359	5,285
		66,923	43,901
Creditors: amounts falling due within one year		(203,876)	(170,649)
Net current assets (liabilities)		(136,953)	(126,748)
Total assets less current liabilities		(26,916)	(19,872)
Creditors: amounts falling due after more than one year		(31,072)	(36,964)
Total net assets (liabilities)		(57,988)	(56,836)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(57,990)	(56,838)
Shareholders' funds		(57,988)	(56,836)

For the year ending 31 December 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 30 September 2015

And signed on their behalf by:
Mr David Justin Crawford, Director

ELECTRIC CENTRAL LIMITED Registered Number 07922848

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
At the year end the liabilities of the company exceeded the assets by £57,988. The accounts have been prepared on a going concern basis on the assumption of the ongoing support of the directors and the creditors.

Turnover policy
Turnover represents the total invoice value, excluding value added tax of sales made during the period and derives from the provision of goods falling within the company's ordinary activities.

2Intangible fixed assets

	£
Cost
At 1 February 2014	73,550
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	73,550
Amortisation
At 1 February 2014	3,677
Charge for the year	13,484
On disposals	-
At 31 December 2014	17,161
Net book values
At 31 December 2014	56,389
At 31 January 2014	69,873

3Tangible fixed assets

	£
Cost
At 1 February 2014	39,113
Additions	28,164
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	67,277
Depreciation
At 1 February 2014	2,110
Charge for the year	11,519
On disposals	-
At 31 December 2014	13,629
Net book values
At 31 December 2014	53,648
At 31 January 2014	37,003