A J Electrical (Mold) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04970136 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

A J Electrical (Mold) Limited

Page

Company information

1

Abbreviated balance sheet

2

Notes to the abbreviated accounts

4

Directors:

Mrs J Swede

A J Swede

Secretary:

Mrs J Swede

Registered office:

The Brackens

Pantymwyn

Mold

Flintshire

CH7 5HY

Registered number:

04970136 (England and Wales)

Accountants:

Ridgway and Company

Chartered Accountants

The Office,

Ffordd Pentre Bach, Nercwys.

Mold

Flintshire

CH7 4EG

FIXED ASSETS

Tangible assets

2

3,628

8,800

CURRENT ASSETS

Stocks

375

310

Debtors

26,085

28,252

Cash at bank

39,253

52,961

65,713

81,523

CREDITORS

Amounts falling due within one year

59,536

73,416

NET CURRENT ASSETS

6,177

8,107

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,805

16,907

PROVISIONS FOR LIABILITIES

1,380

1,760

NET ASSETS

8,425

15,147

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

8,325

15,047

SHAREHOLDERS' FUNDS

8,425

15,147

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 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 29 June 2016 and were signed on its behalf by:

A J Swede - Director

Mrs J Swede - 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.

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 April 2015

23,315

Disposals

(9,795

)

At 31 March 2016

13,520

DEPRECIATION

At 1 April 2015

14,515

Charge for year

810

Eliminated on disposal

(5,433

)

At 31 March 2016

9,892

NET BOOK VALUE

At 31 March 2016

3,628

At 31 March 2015

8,800

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

50

Ordinary A

£1

50

Ordinary B

£1

50

100