KJF Electrical Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08940453 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2016

for

KJF ELECTRICAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K J Watson-Finch

SECRETARY:

REGISTERED OFFICE:

Office 4

Sudbury Stables

Sudbury Road

Downham

Essex

CM11 1LB

REGISTERED NUMBER:

08940453 (England and Wales)

ACCOUNTANTS:

Knights & Co Limited

Office 4,

Sudbury Stables

Sudbury Road

Downham

Essex

CM11 1LB

FIXED ASSETS

Tangible assets

2

6,819

8,032

CURRENT ASSETS

Stocks

1,800

-

Debtors

500

268

Cash at bank

7,466

4,854

9,766

5,122

CREDITORS

Amounts falling due within one year

7,906

8,430

NET CURRENT ASSETS/(LIABILITIES)

1,860

(3,308

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,679

4,724

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,579

4,624

SHAREHOLDERS' FUNDS

8,679

4,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 2 June 2016 and were signed by:

K J Watson-Finch - 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 January 2015).

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.

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 April 2015

10,709

Additions

1,060

At 31 March 2016

11,769

DEPRECIATION

At 1 April 2015

2,677

Charge for year

2,273

At 31 March 2016

4,950

NET BOOK VALUE

At 31 March 2016

6,819

At 31 March 2015

8,032

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/16

31/3/15

value:

£

100

Ordinary

1

100