B.K.F. Electrical Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02996643 (England and Wales)

B.K.F. Electrical Services Limited

Abbreviated Accounts for the Year Ended 30th November 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Directors:

B K French

K N French

Registered office:

77 Fyfield Road

Fyfield

Ongar

Essex

CM5 0AL

Registered number:

02996643 (England and Wales)

Accountants:

Walters & Company

Certified Practising Accountants

1-3 High Street

Great Dunmow

Essex

CM6 1UU

Fixed assets

Tangible assets

2

4,281

5,539

Current assets

Stocks

16,500

Debtors

10,530

100,130

Cash at bank and in hand

217,576

122,713

244,606

239,343

Creditors

Amounts falling due within one year

18,295

16,081

Net current assets

226,311

223,262

Total assets less current liabilities

230,592

228,801

Provisions for liabilities

110

198

Net assets

230,482

228,603

Capital and reserves

Called up share capital

3

2

Profit and loss account

230,480

228,601

Shareholders' funds

230,482

228,603

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 9th August 2017 and were
signed on its behalf by:

B K French - 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which

they relate.

2.	Tangible fixed assets

Total

£

Cost

At 1st December 2015

and 30th November 2016

68,137

Depreciation

At 1st December 2015

62,598

Charge for year

1,258

At 30th November 2016

63,856

Net book value

At 30th November 2016

4,281

At 30th November 2015

5,539

3.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/11/16

30/11/15

value:

£

1

Ordinary

£2

2

4.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended

30th November 2016 and 30th November 2015:

30/11/16

30/11/15

£

B K French and K N French

Balance outstanding at start of year

99,942

Amounts repaid

(100,072

)

-

Balance outstanding at end of year

(130

)

99,942

This loan was interest free and repayable on demand.