Abbreviated Company Accounts - G & C ELECTRICAL SERVICES LIMITED

Abbreviated Company Accounts - G & C ELECTRICAL SERVICES LIMITED


Registered Number 04652829

G & C ELECTRICAL SERVICES LIMITED

Abbreviated Accounts

31 March 2014

G & C ELECTRICAL SERVICES LIMITED Registered Number 04652829

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 5,343 7,125
5,343 7,125
Current assets
Debtors 3,631 9,817
Cash at bank and in hand 5,871 5,030
9,502 14,847
Creditors: amounts falling due within one year (13,892) (14,909)
Net current assets (liabilities) (4,390) (62)
Total assets less current liabilities 953 7,063
Total net assets (liabilities) 953 7,063
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 853 6,963
Shareholders' funds 953 7,063
  • For the year ending 31 March 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2014

And signed on their behalf by:
C B Abraham, Director

G & C ELECTRICAL SERVICES LIMITED Registered Number 04652829

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Represents net value of goods sold and services supplied excluding Value Added Tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery - 25% on cost

2Tangible fixed assets
£
Cost
At 1 April 2013 22,364
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 22,364
Depreciation
At 1 April 2013 15,239
Charge for the year 1,782
On disposals -
At 31 March 2014 17,021
Net book values
At 31 March 2014 5,343
At 31 March 2013 7,125
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: C B Abraham
Description of the transaction: Advance
Balance at 1 April 2013: £ 6,849
Advances or credits made: -
Advances or credits repaid: £ 6,849
Balance at 31 March 2014: £ 0

Interest is charged on the above at market rates.