Abbreviated Company Accounts - WS ELECTRICAL PROJECTS LIMITED

WS ELECTRICAL PROJECTS LIMITED - Company Information

06573126 WS ELECTRICAL PROJECTS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 06573126 2015-05-01 2016-04-30 06573126 2016-04-30 06573126 2015-04-30 06573126 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 06573126 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 06573126

WS ELECTRICAL PROJECTS LIMITED

Abbreviated Accounts

30 April 2016

WS ELECTRICAL PROJECTS LIMITED Registered Number 06573126

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	8,349	7,435
		8,349	7,435
Current assets
Stocks		1,600	1,250
Debtors		30,487	55,716
Cash at bank and in hand		20,753	25,656
		52,840	82,622
Creditors: amounts falling due within one year		(59,033)	(92,116)
Net current assets (liabilities)		(6,193)	(9,494)
Total assets less current liabilities		2,156	(2,059)
Creditors: amounts falling due after more than one year		-	(712)
Provisions for liabilities		(1,670)	(297)
Total net assets (liabilities)		486	(3,068)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		386	(3,168)
Shareholders' funds		486	(3,068)

For the year ending 30 April 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 30 December 2016

And signed on their behalf by:
Mr W M Smedley, Director

WS ELECTRICAL PROJECTS LIMITED Registered Number 06573126

Notes to the Abbreviated Accounts for the period ended 30 April 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 January 2015.

Turnover policy
The turnover shown in the profit and loss account represents amounts earned during the year exclusive of VAT.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Plant and machinery 20% reducing balance and Motor Vehicles 25% reducing balance.

Other accounting policies
The premises occupied by the company is owned by the director, Mr W Smedley. An amount of
£208 (2015 : £208) has been paid to the director as compensation for use of office facilities.
During the year dividends of £10,000 (2015 : £25,000) were paid to the directors.

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.

Rentals applicable to operating leases where substantially all of the benefits and risks of
ownership remain with the lessor are charged against profits on a straight line basis over the
period of the lease.

2Tangible fixed assets

	£
Cost
At 1 May 2015	28,560
Additions	3,600
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	32,160
Depreciation
At 1 May 2015	21,125
Charge for the year	2,686
On disposals	-
At 30 April 2016	23,811
Net book values
At 30 April 2016	8,349
At 30 April 2015	7,435

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100