Accounts filed on 28-02-2017


Registered number: 10025297






Electric Station (London) Limited


ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2017


Electric Station (London) Limited


ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		2

Notes To The Accounts		3


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 28 February 2017

			2017
	Notes		£

FIXED ASSETS
Tangible assets	2		34,622

CURRENT ASSETS
Stock		88,900
Debtors		58,986
Cash at bank and in hand		768
		148,654
CREDITORS: Amounts falling due within one year		204,040
NET CURRENT LIABILITIES			(55,386)
TOTAL ASSETS LESS CURRENT LIABILITIES			(20,764)

CAPITAL AND RESERVES

Called up share capital	4		100
Profit and loss account			(20,864)
SHAREHOLDERS' FUNDS			(20,764)

For the year ending 28 February 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 19 March 2018 and signed on their behalf by



.............................
Aaron Grossman
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. SHARE CAPITAL				2017
				£
Allotted, issued and fully paid:
100 Class 1 shares of £1 each				100
				100

New shares issued during period:
100 Class 1 shares of £1 each				100
				100




5. RELATED PARTY TRANSACTIONS
Other Creditors represents amounts owed to companies which are controlled by the director.