Abbreviated Company Accounts - A J PRICE ELECTRICAL CONTRACTORS LIMITED

A J PRICE ELECTRICAL CONTRACTORS LIMITED - Company Information

04724387 A J PRICE ELECTRICAL CONTRACTORS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 04724387 2014-06-01 2015-05-31 04724387 2015-05-31 04724387 2014-05-31 04724387 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 04724387 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 04724387

A J PRICE ELECTRICAL CONTRACTORS LIMITED

Abbreviated Accounts

31 May 2015

A J PRICE ELECTRICAL CONTRACTORS LIMITED Registered Number 04724387

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	14,273	19,832
		14,273	19,832
Current assets
Debtors		10,805	2,198
Cash at bank and in hand		19,006	20,713
		29,811	22,911
Creditors: amounts falling due within one year		(14,573)	(18,751)
Net current assets (liabilities)		15,238	4,160
Total assets less current liabilities		29,511	23,992
Total net assets (liabilities)		29,511	23,992
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		29,509	23,990
Shareholders' funds		29,511	23,992

For the year ending 31 May 2015 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 29 February 2016

And signed on their behalf by:
A J Price, Director

A J PRICE ELECTRICAL CONTRACTORS LIMITED Registered Number 04724387

Notes to the Abbreviated Accounts for the period ended 31 May 2015

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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery, etc - 33% on reducing balance and 25% on cost.

Other accounting policies
Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension Costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 June 2014	31,225
Additions	1,940
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	33,165
Depreciation
At 1 June 2014	11,393
Charge for the year	7,499
On disposals	-
At 31 May 2015	18,892
Net book values
At 31 May 2015	14,273
At 31 May 2014	19,832

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2