Electem Building Services Consultants - Abbreviated accounts 16.1

REGISTERED NUMBER: 04892045 (England and Wales)

Abbreviated Accounts for the Period 1 March 2015 to 31 August 2016

for

Electem Building Services Consultants

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

E Dowdeswell

Mrs L A Dowdeswell

SECRETARY:

Mrs L A Dowdeswell

REGISTERED OFFICE:

Engineers House

18 Almond Avenue

Carshalton

Surrey

SM5 2BP

REGISTERED NUMBER:

04892045 (England and Wales)

ACCOUNTANTS:

Burnbecks Limited

Chartered Certified Accountants

2B Haddo Street

Greenwich

London

SE10 9RN

FIXED ASSETS

Tangible assets

2

1,746

2,633

CURRENT ASSETS

Stocks

-

1,720

Debtors

10,284

47,169

Cash at bank

41,630

210,781

51,914

259,670

CREDITORS

Amounts falling due within one year

32,840

128,261

NET CURRENT ASSETS

19,074

131,409

TOTAL ASSETS LESS CURRENT LIABILITIES

20,820

134,042

PROVISIONS FOR LIABILITIES

-

527

NET ASSETS

20,820

133,515

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

19,820

132,515

SHAREHOLDERS' FUNDS

20,820

133,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 7 November 2016 and were signed on its behalf by:

E Dowdeswell - 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 & fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2015

and 31 August 2016

7,718

DEPRECIATION

At 1 March 2015

5,085

Charge for period

887

At 31 August 2016

5,972

NET BOOK VALUE

At 31 August 2016

1,746

At 28 February 2015

2,633

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

28.2.15

value:

£

£

1,000

Ordinary

£1

1,000

1,000