J Roberts Electrical Limited Accounts

J. ROBERTS ELECTRICAL LIMITED - Company Information






J Roberts Electrical Limited
	Company No. 06540005
		Information for Filing with The Registrar
		31 March 2018

The Directors present their report and the accounts for the year ended 31 March 2018.

Principal activities
The principal activity of the company during the year under review was .




Directors

The Directors who served at any time during the year were as follows:

M. Fitzgerald
J. Roberts
J. Roberts
R. Roberts
































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J. Roberts
Director
20 December 2018

at	31 March 2018
Company No.		06540005	Notes	2018	2017
				£	£
Fixed assets

	Tangible assets		2	28,685	34,982


				28,685	34,982
Current assets

	Debtors		3	28,520	178,117

	Cash at bank and in hand			26,788	47,333
				55,308	225,450
Creditors: Amount falling due within one year			4	(55,615)	(137,924)
Net current (liabilities)/assets				(307)	87,526
Total assets less current liabilities				28,378	122,508
Creditors: Amounts falling due after more than one year			5	(6,179)	(56,225)



Net assets				22,199	66,283

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		6	22,099	66,183

Total equity				22,199	66,283


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2018 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 20 December 2018
And signed on its behalf by:
J. Roberts
Director

for the year ended 31 March 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2017	6,567	36,884	3,785	47,236




		At 31 March 2018	6,567	36,884	3,785	47,236
		Depreciation
		At 1 April 2017	4,893	6,318	1,043	12,254
		Charge for the year	301	5,502	494	6,297



		At 31 March 2018	5,194	11,820	1,537	18,551
		Net book values
		At 31 March 2018	1,373	25,064	2,248	28,685
		At 31 March 2017	1,674	30,566	2,742	34,982

3	Debtors
			2018	2017
			£	£
		Trade debtors	16,262	74,747





		Other debtors	12,258	103,370

			28,520	178,117

4	Creditors:
		amounts falling due within one year
			2018	2017
			£	£



		Obligations under finance lease and hire purchase contracts	-	220


		Corporation tax	3,533	27,640
		Other taxes and social security	6,777	36,476
		Loans from directors	44,455	72,528

		Accruals and deferred income	850	1,060
			55,615	137,924

5	Creditors:
		amounts falling due after more than one year
			2018	2017
			£	£

		Bank loans and overdrafts	-	4,640




		Other creditors	6,179	51,585

			6,179	56,225

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

7	Dividends
			2018	2017
			£	£
		Dividends for the period:
		Dividends paid in the period	52,850	44,400

			52,850	44,400

		Dividends by type:

		Equity dividends	52,850	44,400
			52,850	44,400

Related party disclosures

Controlling party

Immediate controlling party

No single party controls the company.

Additional information

Its registered number is:

06540005

Its registered office is:

123 Cross Lane East

Gravesend

Kent

DA12 5HA