Abbreviated Company Accounts - BBS ELECTRICS LIMITED

BBS ELECTRICS LIMITED - Company Information

Registered Number 06280867

BBS ELECTRICS LIMITED

Abbreviated Accounts

2 April 2016

BBS ELECTRICS LIMITED Registered Number 06280867

Abbreviated Balance Sheet as at 2 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,930	4,471
		2,930	4,471
Current assets
Debtors		14,569	10,295
Cash at bank and in hand		650	1,252
		15,219	11,547
Creditors: amounts falling due within one year		(17,709)	(9,701)
Net current assets (liabilities)		(2,490)	1,846
Total assets less current liabilities		440	6,317
Total net assets (liabilities)		440	6,317
Capital and reserves
Called up share capital		2	2
Profit and loss account		438	6,315
Shareholders' funds		440	6,317

For the year ending 2 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 16 September 2016

And signed on their behalf by:
Balwinder Singh, Director

BBS ELECTRICS LIMITED Registered Number 06280867

Notes to the Abbreviated Accounts for the period ended 2 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 April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its
expected useful life, as follows:
Plant and machinery - 33% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 3 April 2015	6,048
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 2 April 2016	6,048
Depreciation
At 3 April 2015	1,577
Charge for the year	1,541
On disposals	-
At 2 April 2016	3,118
Net book values
At 2 April 2016	2,930
At 2 April 2015	4,471