KCB Electrical Consultants Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: SC360299 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

for

KCB Electrical Consultants Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

K C Beattie

Mrs A Beattie

REGISTERED OFFICE:

159 Carronshore Rd

Carron

Falkirk

United Kingdom

FK2 8EW

REGISTERED NUMBER:

SC360299 (Scotland)

ACCOUNTANTS:

Peter Deans Chartered Accountants

42 Stirling Street

Denny

Stirlingshire

FK6 6DJ

BANKERS:

Lloyds TSB

Falkirk Branch

High Street & Cow Wynd Corner

Falkirk

FK1 1EA

FIXED ASSETS

Tangible assets

2

104

154

CURRENT ASSETS

Debtors

1,872

2,088

Cash at bank

42,523

61,184

44,395

63,272

CREDITORS

Amounts falling due within one year

8,775

16,982

NET CURRENT ASSETS

35,620

46,290

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,724

46,444

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

35,624

46,344

SHAREHOLDERS' FUNDS

35,724

46,444

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 13 February 2017 and were signed on its behalf
by:

K C Beattie - 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 services, 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

-

33% on reducing balance and 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 June 2015

and 31 May 2016

1,058

DEPRECIATION

At 1 June 2015

904

Charge for year

50

At 31 May 2016

954

NET BOOK VALUE

At 31 May 2016

104

At 31 May 2015

154

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

£1

100