R S Electrical (Aldershot) Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06745867 (England and Wales)

Financial Statements

for the Year Ended 31 March 2017

for

R S Electrical (Aldershot) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

RA Smith

SJ Smith

REGISTERED OFFICE:

James House

153 Grosvenor Road

Aldershot

Hampshire

GU11 3EF

BUSINESS ADDRESS:

19 The Avenue

Aldershot

Hampshire

GU12 4BJ

REGISTERED NUMBER:

06745867 (England and Wales)

ACCOUNTANTS:

Perrin & Co

James House

153 Grosvenor Road

Aldershot

Hampshire

GU11 3EF

FIXED ASSETS

Tangible assets

4

420

560

CURRENT ASSETS

Stocks

900

360

Debtors

5

12,852

13,273

Cash at bank

3,290

2,420

17,042

16,053

CREDITORS

Amounts falling due within one year

6

16,927

15,714

NET CURRENT ASSETS

115

339

TOTAL ASSETS LESS CURRENT LIABILITIES

535

899

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

435

799

SHAREHOLDERS' FUNDS

535

899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 July 2017 and were signed on its behalf by:

RA Smith - Director

1.	STATUTORY INFORMATION

R S Electrical (Aldershot) Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

and 31 March 2017

2,296

DEPRECIATION

At 1 April 2016

1,736

Charge for year

140

At 31 March 2017

1,876

NET BOOK VALUE

At 31 March 2017

420

At 31 March 2016

560

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

3,600

3,528

Other debtors

9,252

9,745

12,852

13,273

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Corporation tax

4,688

5,110

Social security and other taxes

397

-

Directors' loan accounts

10,473

9,134

Accruals

1,369

1,470

16,927

15,714

7.	RELATED PARTY DISCLOSURES

As at 31 March 2017 the two directors were owed £10473 from the company (2016 £9134). This sum is payable

in full upon demand. It is not subject to interest charges.