G & R Electrical Services Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04741386 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2015

for

G & R Electrical Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Garnett

REGISTERED OFFICE:

24 Beresford Road

North End

Portsmouth

Hampshire

PO2 OBY

REGISTERED NUMBER:

04741386 (England and Wales)

ACCOUNTANTS:

Ency Associates

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

2

863

1,586

CURRENT ASSETS

Stocks

850

850

Debtors

11,449

10,317

Cash at bank

23,379

12,875

35,678

24,042

CREDITORS

Amounts falling due within one year

34,383

22,890

NET CURRENT ASSETS

1,295

1,152

TOTAL ASSETS LESS CURRENT LIABILITIES

2,158

2,738

PROVISIONS FOR LIABILITIES

173

135

NET ASSETS

1,985

2,603

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

1,983

2,601

SHAREHOLDERS' FUNDS

1,985

2,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2015 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 20 January 2016 and were signed by:

J Garnett - 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.

Fixtures & fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

22,778

Disposals

(9,000

)

At 30 April 2015

13,778

DEPRECIATION

At 1 May 2014

21,192

Charge for year

311

Eliminated on disposal

(8,588

)

At 30 April 2015

12,915

NET BOOK VALUE

At 30 April 2015

863

At 30 April 2014

1,586

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

2

Ordinary

£1

2

2