C W Electrical Kingswinford Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07945456 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 28 February 2014

for

C W Electrical Kingswinford Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C E Walters

Mrs Z L Walters

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

07945456 (England and Wales)

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Tangible assets

2

287

383

CURRENT ASSETS

Debtors

3,962

2,428

Cash at bank

2,327

904

6,289

3,332

CREDITORS

Amounts falling due within one year

(6,379

)

(3,707

)

NET CURRENT LIABILITIES

(90

)

(375

)

TOTAL ASSETS LESS CURRENT LIABILITIES

197

8

PROVISIONS FOR LIABILITIES

(57

)

-

NET ASSETS

140

8

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

138

6

SHAREHOLDERS' FUNDS

140

8

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 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 20 November 2014 and were signed on its behalf by:

C E Walters - 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 April 2008).

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

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

and 28 February 2014

510

DEPRECIATION

At 1 March 2013

127

Charge for year

96

At 28 February 2014

223

NET BOOK VALUE

At 28 February 2014

287

At 28 February 2013

383

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.14

28.2.13

value:

£

£

2

Ordinary

£1

2

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 February 2014 and the

period ended 28 February 2013:

28.2.14

28.2.13

£

£

C E Walters

Balance outstanding at start of year

92

-

Amounts advanced

3,870

92

Amounts repaid

-

-

Balance outstanding at end of year

3,962

92

Interest of 4% has been charged on the balance.