Abbreviated Company Accounts - CES ELECTRICAL LTD

CES ELECTRICAL LTD - Company Information

06482439 CES ELECTRICAL LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06482439 2015-04-01 2016-03-31 06482439 2016-03-31 06482439 2015-03-31 06482439 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06482439 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06482439

CES ELECTRICAL LTD

Abbreviated Accounts

31 March 2016

CES ELECTRICAL LTD Registered Number 06482439

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	15,000	22,500
Tangible assets	3	32,543	31,624
		47,543	54,124
Current assets
Debtors		114,095	165,364
Cash at bank and in hand		761,192	594,335
		875,287	759,699
Creditors: amounts falling due within one year		(119,794)	(114,898)
Net current assets (liabilities)		755,493	644,801
Total assets less current liabilities		803,036	698,925
Total net assets (liabilities)		803,036	698,925
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		803,034	698,923
Shareholders' funds		803,036	698,925

For the year ending 31 March 2016 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 28 September 2016

And signed on their behalf by:
D Lee, Director

CES ELECTRICAL LTD Registered Number 06482439

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 and services, 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 and machinery etc. - 20% on reducing balance method

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of the business is being amortised evenly over its estimated useful life of 10 years.

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.

2Intangible fixed assets

	£
Cost
At 1 April 2015	75,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	75,000
Amortisation
At 1 April 2015	52,500
Charge for the year	7,500
On disposals	-
At 31 March 2016	60,000
Net book values
At 31 March 2016	15,000
At 31 March 2015	22,500

3Tangible fixed assets

	£
Cost
At 1 April 2015	44,799
Additions	8,508
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	53,307
Depreciation
At 1 April 2015	13,175
Charge for the year	7,589
On disposals	-
At 31 March 2016	20,764
Net book values
At 31 March 2016	32,543
At 31 March 2015	31,624

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2