Goodyer Electrical Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06065182 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Goodyer Electrical Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Goodyer

SECRETARY:

Mrs K Goodyer

REGISTERED OFFICE:

15 Panwell Road

Bitterne

SOUTHAMPTON

Hampshire

SO18 6BJ

REGISTERED NUMBER:

06065182 (England and Wales)

ACCOUNTANTS:

Arlington Accountants Limited

Unit C Anchor House

School Lane

Chandlers ford

Eastleigh

Hampshire

SO53 4DY

FIXED ASSETS

Tangible assets

2

15,007

3,130

CURRENT ASSETS

Stocks

2,250

2,750

Debtors

73,140

129,562

Cash at bank

7,974

17,492

83,364

149,804

CREDITORS

Amounts falling due within one year

74,795

122,034

NET CURRENT ASSETS

8,569

27,770

TOTAL ASSETS LESS CURRENT LIABILITIES

23,576

30,900

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

23,574

30,898

SHAREHOLDERS' FUNDS

23,576

30,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 September 2014 and were signed by:

D Goodyer - 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 etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 April 2013

11,306

Additions

16,995

At 31 March 2014

28,301

DEPRECIATION

At 1 April 2013

8,176

Charge for year

5,118

At 31 March 2014

13,294

NET BOOK VALUE

At 31 March 2014

15,007

At 31 March 2013

3,130

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2