Abbreviated Company Accounts - GOULDING ELECTRICAL SERVICES LIMITED

GOULDING ELECTRICAL SERVICES LIMITED - Company Information

Registered Number 03096919

GOULDING ELECTRICAL SERVICES LIMITED

Abbreviated Accounts

31 March 2014

GOULDING ELECTRICAL SERVICES LIMITED Registered Number 03096919

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	10,744	17,664
		10,744	17,664
Current assets
Stocks		527	908
Debtors		38,642	46,000
Cash at bank and in hand		57,163	17,174
		96,332	64,082
Creditors: amounts falling due within one year		(53,433)	(59,212)
Net current assets (liabilities)		42,899	4,870
Total assets less current liabilities		53,643	22,534
Provisions for liabilities		(1,671)	(1,671)
Total net assets (liabilities)		51,972	20,863
Capital and reserves
Called up share capital		100	100
Profit and loss account		51,872	20,763
Shareholders' funds		51,972	20,863

For the year ending 31 March 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 11 August 2014

And signed on their behalf by:
P Goulding, Director

GOULDING ELECTRICAL SERVICES LIMITED Registered Number 03096919

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
Fixtures fittings - 25% straight line
Motor vehicles - 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	60,206
Additions	10,842
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	71,048
Depreciation
At 1 April 2013	42,542
Charge for the year	17,762
On disposals	-
At 31 March 2014	60,304
Net book values
At 31 March 2014	10,744
At 31 March 2013	17,664