Portland Electrical (UK) Limited - Limited company - abbreviated - 11.9
Portland Electrical (UK) Limited - Limited company - abbreviated - 11.9
REGISTERED NUMBER: |
Abbreviated Accounts for the Year Ended 30 April 2015 |
for |
Portland Electrical (UK) Limited |
Portland Electrical (UK) Limited (Registered number: 08467383) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 April 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Portland Electrical (UK) Limited |
Company Information |
for the Year Ended 30 April 2015 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Portland Electrical (UK) Limited (Registered number: 08467383) |
Abbreviated Balance Sheet |
30 April 2015 |
30.4.15 | 30.4.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
Portland Electrical (UK) Limited (Registered number: 08467383) |
Abbreviated Balance Sheet - continued |
30 April 2015 |
The financial statements were approved by the director on |
Portland Electrical (UK) Limited (Registered number: 08467383) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 April 2015 |
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. |
Goodwill |
Tangible fixed assets |
Plant and machinery etc | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
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. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2014 |
and 30 April 2015 |
AMORTISATION |
At 1 May 2014 |
Amortisation for year |
At 30 April 2015 |
NET BOOK VALUE |
At 30 April 2015 |
At 30 April 2014 |
Portland Electrical (UK) Limited (Registered number: 08467383) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2015 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2014 |
Additions |
At 30 April 2015 |
DEPRECIATION |
At 1 May 2014 |
Charge for year |
At 30 April 2015 |
NET BOOK VALUE |
At 30 April 2015 |
At 30 April 2014 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.15 | 30.4.14 |
value: | £ | £ |
Ordinary | 1 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year the directors, Mr B Cooper and Miss T Slater, introduced funds to and withdrew funds from the |
company by way of a directors' loan account. This loan is interest free and repayable upon demand. At the year |
end the company owed the directors £8,525 (2014: £16,404) and this amount is included in creditors. |