D R H Electrical Contractors LIMITED - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06433574 (England and Wales)

Unaudited Financial Statements

for the Period 1 December 2015 to 31 January 2017

for

D R H Electrical Contractors LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D R Hattersley

REGISTERED OFFICE:

2 North Crescent

Killamarsh

Sheffield

South Yorkshire

S21 2DD

REGISTERED NUMBER:

06433574 (England and Wales)

FIXED ASSETS

Tangible assets

4

10,452

7,922

CURRENT ASSETS

Stocks

4,500

3,810

Debtors

5

23,102

11,681

27,602

15,491

CREDITORS

Amounts falling due within one year

6

16,465

10,274

NET CURRENT ASSETS

11,137

5,217

TOTAL ASSETS LESS CURRENT LIABILITIES

21,589

13,139

CREDITORS

Amounts falling due after more than one year

7

(6,918

)

(6,606

)

PROVISIONS FOR LIABILITIES

8

(385

)

(1,575

)

NET ASSETS

14,286

4,958

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

14,285

4,957

SHAREHOLDERS' FUNDS

14,286

4,958

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 October 2017 and were signed by:

D R Hattersley - Director

1.	STATUTORY INFORMATION

D R H Electrical Contractors 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2015

20,441

Additions

11,968

At 31 January 2017

32,409

DEPRECIATION

At 1 December 2015

12,519

Charge for period

9,438

At 31 January 2017

21,957

NET BOOK VALUE

At 31 January 2017

10,452

At 30 November 2015

7,922

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2015

£

£

Trade debtors

7,706

5,974

Other debtors

15,396

5,707

23,102

11,681

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2015

£

£

Bank loans and overdrafts

3,152

2,517

Hire purchase contracts

7,998

4,015

Trade creditors

1,065

1,350

Taxation and social security

3,150

1,342

Other creditors

1,100

1,050

16,465

10,274

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2015

£

£

Hire purchase contracts

6,918

6,606

8.	PROVISIONS FOR LIABILITIES

2017

2015

£

£

Deferred tax

385

1,575

Deferred

tax

£

Balance at 1 December 2015

1,575

Provided during period

(1,190

)

Balance at 31 January 2017

385

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2015

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 December 2015

4,957

Profit for the period

16,328

Dividends

(7,000

)

At 31 January 2017

14,285

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 January 2017 and the year

ended 30 November 2015:

2017

2015

£

£

D R Hattersley

Balance outstanding at start of period

2,199

(5,386

)

Amounts advanced

23,186

21,996

Amounts repaid

(20,397

)

(14,411

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

4,988

2,199