Northway Electrical Services Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05554090 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

NORTHWAY ELECTRICAL SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D J Yendall

REGISTERED OFFICE:

Wayside

Ninehams Road

Tatsfield

Surrey

TN16 2AJ

REGISTERED NUMBER:

05554090 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Tangible assets

2

13,217

23,194

CURRENT ASSETS

Debtors

38,948

66,728

Cash at bank and in hand

49,790

42,173

88,738

108,901

CREDITORS

Amounts falling due within one year

(65,649

)

(81,122

)

NET CURRENT ASSETS

23,089

27,779

TOTAL ASSETS LESS CURRENT LIABILITIES

36,306

50,973

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

36,305

50,972

SHAREHOLDERS' FUNDS

36,306

50,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 10 January 2017 and were signed by:

D J Yendall - 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 etc

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

65,701

Disposals

(9,907

)

At 30 June 2016

55,794

DEPRECIATION

At 1 July 2015

42,507

Charge for year

4,404

Eliminated on disposal

(4,334

)

At 30 June 2016

42,577

NET BOOK VALUE

At 30 June 2016

13,217

At 30 June 2015

23,194

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

ordinary

£1

1

1