Westmount Electrical Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05212261

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

WESTMOUNT ELECTRICAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C P Verbeeren

Ms M Verbeeren

SECRETARY:

Ms M Verbeeren

REGISTERED OFFICE:

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

REGISTERED NUMBER:

05212261

ACCOUNTANTS:

Edwards Chartered Accountants

409-411 Croydon Road

Beckenham

Kent

BR3 3PP

FIXED ASSETS

Tangible assets

2

5,216

6,553

CURRENT ASSETS

Debtors

5,725

16,021

Cash in hand

583

6,308

16,604

CREDITORS

Amounts falling due within one year

10,123

21,861

NET CURRENT LIABILITIES

(3,815

)

(5,257

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,401

1,296

PROVISIONS FOR LIABILITIES

1,043

-

NET ASSETS

358

1,296

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

258

1,196

SHAREHOLDERS' FUNDS

358

1,296

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 27 June 2016 and were signed on its behalf by:

C P Verbeeren - 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

8,912

Additions

367

At 30 September 2015

9,279

DEPRECIATION

At 1 October 2014

2,359

Charge for year

1,704

At 30 September 2015

4,063

NET BOOK VALUE

At 30 September 2015

5,216

At 30 September 2014

6,553

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

4.	TRANSACTIONS WITH DIRECTORS

During the year, the company voted dividends of £9,951 to Mr C Verbeeren, a director.