Abbreviated Company Accounts - JEM ELECTRICAL CONTRACTORS LIMITED

JEM ELECTRICAL CONTRACTORS LIMITED - Company Information

08585924 JEM ELECTRICAL CONTRACTORS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 08585924 2015-07-01 2016-06-30 08585924 2016-06-30 08585924 2015-06-30 08585924 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08585924 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08585924

JEM ELECTRICAL CONTRACTORS LIMITED

Abbreviated Accounts

30 June 2016

JEM ELECTRICAL CONTRACTORS LIMITED Registered Number 08585924

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,647	11,475
		17,647	11,475
Current assets
Debtors		19,966	1,333
Cash at bank and in hand		9,359	7,490
		29,325	8,823
Creditors: amounts falling due within one year		(19,662)	(18,236)
Net current assets (liabilities)		9,663	(9,413)
Total assets less current liabilities		27,310	2,062
Total net assets (liabilities)		27,310	2,062
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		27,308	2,060
Shareholders' funds		27,310	2,062

For the year ending 30 June 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 20 December 2016

And signed on their behalf by:
Mr D Smith, Director

JEM ELECTRICAL CONTRACTORS LIMITED Registered Number 08585924

Notes to the Abbreviated Accounts for the period ended 30 June 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 the invoice value of sales of goods net of value added tax.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.

Plant and machinery 15% reducing balance
Motor vehicles 15% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2015	13,500
Additions	19,486
Disposals	(12,000)
Revaluations	-
Transfers	-
At 30 June 2016	20,986
Depreciation
At 1 July 2015	2,025
Charge for the year	3,114
On disposals	(1,800)
At 30 June 2016	3,339
Net book values
At 30 June 2016	17,647
At 30 June 2015	11,475

3Called Up Share Capital
Allotted, called up and fully paid:

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