Abbreviated Company Accounts - EVERYDAY ELECTRICS LIMITED

Abbreviated Company Accounts - EVERYDAY ELECTRICS LIMITED


Registered Number 04615737

EVERYDAY ELECTRICS LIMITED

Abbreviated Accounts

31 March 2014

EVERYDAY ELECTRICS LIMITED Registered Number 04615737

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,650 1,584
1,650 1,584
Current assets
Debtors 7,407 6,876
Cash at bank and in hand 1,910 726
9,317 7,602
Net current assets (liabilities) 9,317 7,602
Total assets less current liabilities 10,967 9,186
Creditors: amounts falling due after more than one year (10,465) (8,971)
Total net assets (liabilities) 502 215
Capital and reserves
Called up share capital 3 4 4
Profit and loss account 498 211
Shareholders' funds 502 215
  • 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 3 July 2014

And signed on their behalf by:
KJ Walsh, Director

EVERYDAY ELECTRICS LIMITED Registered Number 04615737

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 amounts chargeable net of value added tax in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation less any estimated residual value over their expected useful economic life as follows:-

Plant, Machinery & Motor Vehicles 25% reducing balance method

2Tangible fixed assets
£
Cost
At 1 April 2013 13,460
Additions 499
Disposals -
Revaluations -
Transfers -
At 31 March 2014 13,959
Depreciation
At 1 April 2013 11,876
Charge for the year 433
On disposals -
At 31 March 2014 12,309
Net book values
At 31 March 2014 1,650
At 31 March 2013 1,584
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2
1 A Ordinary share of £1 each 1 1
1 B Ordinary shares of £1 each 1 1