County Electrical (Lincs) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 09902198 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 4 DECEMBER 2015 TO 31 MARCH 2017

FOR

COUNTY ELECTRICAL (LINCS) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr DA Clayton

Mrs H Clayton

REGISTERED OFFICE:

Penny Acres

Willow Lane

Dunston

Lincoln

Lincolnshire

LN4 2EP

REGISTERED NUMBER:

09902198 (England and Wales)

ACCOUNTANTS:

Blow Abbott Limited

36 High Street

Cleethorpes

North East Lincs

DN35 8JN

CURRENT ASSETS

Stocks

3

17,362

Debtors

4

2,177

Cash at bank

5,379

24,918

CREDITORS

Amounts falling due within one year

5

14,791

NET CURRENT ASSETS

10,127

TOTAL ASSETS LESS CURRENT LIABILITIES

10,127

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

10,126

SHAREHOLDERS' FUNDS

10,127

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

The members have not required the company to obtain an audit of its financial statements for the period 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 10 August 2017 and were signed on its behalf by:

Mr DA Clayton - Director

1.	STATUTORY INFORMATION

County Electrical (Lincs) Limited 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.

Stocks

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

obsolete and slow moving items.

Deferred tax

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

the statement of financial position date.

3.

STOCKS

£

Raw materials

17,362

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

797

VAT

1,380

2,177

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,710

Tax

2,532

Directors' loan accounts

10,049

Accrued expenses

500

14,791

6.	RELATED PARTY DISCLOSURES

At the 31st March 2017, the company owed the Mr DA Clayton £10,049. No interest is payable on this

loan.

7.	ULTIMATE CONTROLLING PARTY

Mr DA Clayton owns the entire share capital of the company and therefore has ultimate control.