Yorkshire Electrical Contractors Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08321138 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 6 December 2012 to 31 March 2014

for

Yorkshire Electrical Contractors Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D Mortimer

S Kimpton

L Smith

REGISTERED OFFICE:

38 Rotherham Road

Parkgate

Rotherham

South Yorkshire

S62 6EA

REGISTERED NUMBER:

08321138 (England and Wales)

ACCOUNTANT:

PKN Accountants Ltd

Chartered Accountants

63 Bawtry Road

Bramley

Rotherham

South Yorkshire

S66 2TN

FIXED ASSETS

Tangible assets

2

334

CURRENT ASSETS

Stocks

2,500

Debtors

141,853

Cash at bank

31,465

175,818

CREDITORS

Amounts falling due within one year

141,665

NET CURRENT ASSETS

34,153

TOTAL ASSETS LESS CURRENT LIABILITIES

34,487

PROVISIONS FOR LIABILITIES

67

NET ASSETS

34,420

CAPITAL AND RESERVES

Called up share capital

3

300

Profit and loss account

34,120

SHAREHOLDERS' FUNDS

34,420

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 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 5 September 2014 and were signed on its behalf by:

L Smith - 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.

Computer equipment

-

33% on cost

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.

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

Additions

605

At 31 March 2014

605

DEPRECIATION

Charge for period

271

At 31 March 2014

271

NET BOOK VALUE

At 31 March 2014

334

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary A

£1

175

100

Ordinary B

£1

25

100

Ordinary C

£1

100

300

The following shares were allotted and fully paid for cash at par during the period:

100 Ordinary A shares of £1 each

100 Ordinary B shares of £1 each

100 Ordinary C shares of £1 each