New Build Electrical (Beds) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05812102 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

New Build Electrical (Beds) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr N D Randle

REGISTERED OFFICE:

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

REGISTERED NUMBER:

05812102 (England and Wales)

ACCOUNTANTS:

Astons Accountants

19-21 Manor Road

Caddington

Bedfordshire

LU1 4EE

FIXED ASSETS

Tangible assets

2

798

255

CURRENT ASSETS

Stocks

160

150

Debtors

12,786

8,700

Cash at bank

4,599

4,484

17,545

13,334

CREDITORS

Amounts falling due within one year

16,858

12,073

NET CURRENT ASSETS

687

1,261

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,485

1,516

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,483

1,514

SHAREHOLDERS' FUNDS

1,485

1,516

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 30 September 2016 and were signed by:

Mr N D Randle - 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

4,456

Additions

978

At 31 March 2016

5,434

DEPRECIATION

At 1 April 2015

4,201

Charge for year

435

At 31 March 2016

4,636

NET BOOK VALUE

At 31 March 2016

798

At 31 March 2015

255

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2