A. C. Burn Electrical Contractors Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05358617

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

A. C. Burn Electrical Contractors

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A C Burn

Mrs R Burn

SECRETARY:

Mrs R Burn

REGISTERED OFFICE:

Unit 20 Celtic Road

Moss Side Industrial Estate

Callington

Cornwall

PL17 8AS

REGISTERED NUMBER:

05358617

ACCOUNTANTS:

Philip Coad

Accountancy and Taxation Services

Daromaba House

Clemo Road

Liskeard

Cornwall

PL14 3XA

FIXED ASSETS

Tangible assets

2

21,852

25,655

CURRENT ASSETS

Stocks

80,135

23,000

Debtors

117,364

156,730

197,499

179,730

CREDITORS

Amounts falling due within one year

108,027

126,560

NET CURRENT ASSETS

89,472

53,170

TOTAL ASSETS LESS CURRENT LIABILITIES

111,324

78,825

CREDITORS

Amounts falling due after more than one year

9,719

10,090

NET ASSETS

101,605

68,735

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

101,505

68,635

SHAREHOLDERS' FUNDS

101,605

68,735

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 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 21 August 2015 and were signed on its behalf by:

A C Burn - 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 :-

Plant and Machinery 10% reducing balance

Motor Vehicle 15% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

43,741

Additions

10,108

Disposals

(10,145

)

At 31 March 2015

43,704

DEPRECIATION

At 1 April 2014

18,086

Charge for year

3,766

At 31 March 2015

21,852

NET BOOK VALUE

At 31 March 2015

21,852

At 31 March 2014

25,655

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100