Electem Building Services Consultants - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04892045 (England and Wales)

Abbreviated Accounts for the Year Ended 28 February 2015

for

Electem Building Services Consultants

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E Dowdeswell

Mrs L A Dowdeswell

SECRETARY:

Mrs L A Dowdeswell

REGISTERED OFFICE:

Engineers House

18 Almond Avenue

Carshalton

Surrey

SM5 2BP

REGISTERED NUMBER:

04892045 (England and Wales)

ACCOUNTANTS:

Burnbecks Limited

Chartered Certified Accountants

2B Haddo Street

Greenwich

London

SE10 9RN

FIXED ASSETS

Tangible assets

2

2,633

3,052

CURRENT ASSETS

Stocks

1,720

2,076

Debtors

47,169

30,014

Cash at bank

210,781

185,042

259,670

217,132

CREDITORS

Amounts falling due within one year

128,261

91,862

NET CURRENT ASSETS

131,409

125,270

TOTAL ASSETS LESS CURRENT LIABILITIES

134,042

128,322

PROVISIONS FOR LIABILITIES

527

610

NET ASSETS

133,515

127,712

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

132,515

126,712

SHAREHOLDERS' FUNDS

133,515

127,712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 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 20 July 2015 and were signed on its behalf by:

E Dowdeswell - 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.

Fixtures & fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

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 March 2014

7,318

Additions

400

At 28 February 2015

7,718

DEPRECIATION

At 1 March 2014

4,266

Charge for year

819

At 28 February 2015

5,085

NET BOOK VALUE

At 28 February 2015

2,633

At 28 February 2014

3,052

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000