R.S. Electrical Engineers Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04390268 (England and Wales)

R.S. Electrical Engineers Ltd

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Ringer

S Ringer

SECRETARY:

L Ringer

REGISTERED OFFICE:

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

REGISTERED NUMBER:

04390268 (England and Wales)

ACCOUNTANTS:

Salway and Wright

Chartered Accountants

32 The Crescent

Spalding

Lincolnshire

PE11 1AF

FIXED ASSETS

Tangible assets

2

10,742

14,322

CURRENT ASSETS

Stocks

3,588

2,645

Debtors

145,233

173,986

Cash at bank

112,111

116,404

260,932

293,035

CREDITORS

Amounts falling due within one year

106,286

142,708

NET CURRENT ASSETS

154,646

150,327

TOTAL ASSETS LESS CURRENT LIABILITIES

165,388

164,649

PROVISIONS FOR LIABILITIES

-

1,275

NET ASSETS

165,388

163,374

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

165,288

163,274

SHAREHOLDERS' FUNDS

165,388

163,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 1 September 2014 and were signed on its behalf by:

R Ringer - Director

S Ringer - 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 services, 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.

Plant and machinery etc

-

25% on reducing balance

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 January 2013

and 31 December 2013

72,292

DEPRECIATION

At 1 January 2013

57,970

Charge for year

3,580

At 31 December 2013

61,550

NET BOOK VALUE

At 31 December 2013

10,742

At 31 December 2012

14,322

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

£1

100

100