P J Wright & Son Electrical Contrs Ltd - Limited company - abbreviated - 11.6

P J Wright & Son Electrical Contrs Ltd - Limited company - abbreviated - 11.6

P J WRIGHT & SON ELECTRICAL CONTRACTORS LTD - Company Information

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REGISTERED NUMBER: 04908861 (England and Wales)













Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

P J Wright & Son Electrical Contractors
Limited

P J Wright & Son Electrical Contractors
Limited (Registered number: 04908861)






Contents of the Abbreviated Accounts
for the year ended 31 October 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

P J Wright & Son Electrical Contractors
Limited

Company Information
for the year ended 31 October 2014







DIRECTOR: P J Wright





SECRETARY: Mrs M R Wright





REGISTERED OFFICE: 22-28 Willow Street
Accrington
Lancashire
BB5 1LP





REGISTERED NUMBER: 04908861 (England and Wales)





ACCOUNTANTS: Mayes Business Partnership Ltd
Chartered Certified Accountants
22-28 Willow Street
Accrington
Lancashire
BB5 1LP
Page 1
P J Wright & Son Electrical Contractors
Limited (Registered number: 04908861)

Abbreviated Balance Sheet
31 October 2014

31/10/14 31/10/13
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 7,640 8,490
Tangible assets 3 701 840
8,341 9,330

CURRENT ASSETS
Debtors 3,390 8,269
Cash at bank 13,254 19,848
16,644 28,117
CREDITORS
Amounts falling due within one year 16,393 16,384
NET CURRENT ASSETS 251 11,733
TOTAL ASSETS LESS CURRENT
LIABILITIES
8,592
21,063

CREDITORS
Amounts falling due after more than one
year
(1,171		 )
(10,819		 )

PROVISIONS FOR LIABILITIES (140 ) (168 )
NET ASSETS 7,281 10,076

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 7,280 10,075
SHAREHOLDERS' FUNDS 7,281 10,076

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 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 notes form part of these abbreviated accounts

Page 2 continued...
P J Wright & Son Electrical Contractors
Limited (Registered number: 04908861)

Abbreviated Balance Sheet - continued
31 October 2014


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 director on 14 January 2015 and were signed by:





P J Wright - Director


The notes form part of these abbreviated accounts

Page 3
P J Wright & Son Electrical Contractors
Limited (Registered number: 04908861)

Notes to the Abbreviated Accounts
for the year ended 31 October 2014

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013
and 31 October 2014 17,000
AMORTISATION
At 1 November 2013 8,510
Amortisation for year 850
At 31 October 2014 9,360
NET BOOK VALUE

At 31 October 2014 7,640
At 31 October 2013 8,490

Page 4 continued...
P J Wright & Son Electrical Contractors
Limited (Registered number: 04908861)

Notes to the Abbreviated Accounts - continued
for the year ended 31 October 2014

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2013
and 31 October 2014 2,210
DEPRECIATION
At 1 November 2013 1,370
Charge for year 139
At 31 October 2014 1,509
NET BOOK VALUE
At 31 October 2014 701
At 31 October 2013 840

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/14 31/10/13
value: £    £   
1 Ordinary £1 1 1

5. CONTROLLING PARTY

P J Wright held 100% of the share capital in the period under review and was in sole control of the company.

Page 5