PR Bowyer Electrical Contractors Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01377008 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

P.R. BOWYER ELECTRICAL CONTRACTORS

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P.R. Bowyer

Mrs D A Bowyer

G R Bowyer

SECRETARY:

Mrs D A Bowyer

REGISTERED OFFICE:

The Marches

82 Old Butt Lane

Kidsgrove

Stoke on Trent

ST7 1NR

REGISTERED NUMBER:

01377008 (England and Wales)

ACCOUNTANTS:

Guy Walmsley Limited

Chartered Accountants

3 Grove Road

Wrexham

LL11 1DY

FIXED ASSETS

Tangible assets

2

39,237

44,885

CURRENT ASSETS

Stocks

1,950

1,950

Debtors

95,569

135,303

Cash at bank

1,458

65

98,977

137,318

CREDITORS

Amounts falling due within one year

108,435

167,346

NET CURRENT LIABILITIES

(9,458

)

(30,028

)

TOTAL ASSETS LESS CURRENT LIABILITIES

29,779

14,857

CAPITAL AND RESERVES

Called up share capital

3

3

3

Profit and loss account

29,776

14,854

SHAREHOLDERS' FUNDS

29,779

14,857

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 24 April 2017 and were signed on its behalf by:

P.R. Bowyer - 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, 10% on reducing balance and 5% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

106,200

Additions

23,106

Disposals

(37,621

)

At 31 July 2016

91,685

DEPRECIATION

At 1 August 2015

61,315

Charge for year

9,848

Eliminated on disposal

(18,715

)

At 31 July 2016

52,448

NET BOOK VALUE

At 31 July 2016

39,237

At 31 July 2015

44,885

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

3

Ordinary shares

£1

3

3