R&H Electric (HO) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06516585 (England and Wales)

Financial Statements

for the Year Ended 31 December 2016

for

R&H Electric (HO) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Webb

Lemanagement Service SA

REGISTERED OFFICE:

Unit 8

Transfer Bridge Industrial Estate

County Road

Swindon

Wiltshire

SN1 2HW

REGISTERED NUMBER:

06516585 (England and Wales)

ACCOUNTANTS:

Mander Duffill

Chartered Accountants

The Old Post Office

41-43 Market Place

Chippenham

Wiltshire

SN15 3HR

FIXED ASSETS

Tangible assets

4

2,269

2,947

CURRENT ASSETS

Stocks

162,314

170,218

Debtors

5

246,894

241,442

Cash at bank

38,005

66,101

447,213

477,761

CREDITORS

Amounts falling due within one year

6

485,616

496,639

NET CURRENT LIABILITIES

(38,403

)

(18,878

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,134

)

(15,931

)

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

54,362

54,362

Retained earnings

(90,596

)

(70,393

)

SHAREHOLDERS' FUNDS

(36,134

)

(15,931

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 29 August 2017 and were signed on its behalf by:

S Webb - Director

1.	STATUTORY INFORMATION

R&H Electric (HO) 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.

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 and 20% on reducing balance

Stocks

Stocks have been valued at the lower of cost and estimated selling price less costs to sell. In respect

of work in progress and finished goods, cost includes a relevant proportion of overheads according to

the stage of manufacture or completion.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2015 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2016

and 31 December 2016

22,064

DEPRECIATION

At 1 January 2016

19,117

Charge for year

678

At 31 December 2016

19,795

NET BOOK VALUE

At 31 December 2016

2,269

At 31 December 2015

2,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

185,986

180,255

Other debtors

60,908

61,187

246,894

241,442

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

415,961

416,486

Other creditors

69,655

80,153

485,616

496,639

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Grumpy Dwarf Limited.

Registered in England and Wales

Registered Office: The Old Post Office, 41-43 The Market Place, Chippenham, SN15 3HR