J Hossack Electrical Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09559399 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 24 April 2015 to 30 April 2016

for

J HOSSACK ELECTRICAL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs R J Hossack

J Hossack

REGISTERED OFFICE:

10 Clevedon Road

Tilehurst

Berkshire

RG31 6RL

REGISTERED NUMBER:

09559399 (England and Wales)

ACCOUNTANTS:

Avalon Accounting Limited

Equity House

4-6 School Road

Tilehurst

Reading

Berkshire

RG31 5AL

FIXED ASSETS

Intangible assets

2

40,000

Tangible assets

3

48,082

88,082

CURRENT ASSETS

Debtors

57,085

Cash at bank

76,436

133,521

CREDITORS

Amounts falling due within one year

(159,920

)

NET CURRENT LIABILITIES

(26,399

)

TOTAL ASSETS LESS CURRENT LIABILITIES

61,683

PROVISIONS FOR LIABILITIES

(9,616

)

NET ASSETS

52,067

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

52,065

SHAREHOLDERS' FUNDS

52,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2016.

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

J Hossack - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

50,000

At 30 April 2016

50,000

AMORTISATION

Amortisation for period

10,000

At 30 April 2016

10,000

NET BOOK VALUE

At 30 April 2016

40,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

60,102

At 30 April 2016

60,102

DEPRECIATION

Charge for period

12,020

At 30 April 2016

12,020

NET BOOK VALUE

At 30 April 2016

48,082

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2