A B Electrical Services Ltd Small abbreviated accounts

COMPANY REGISTRATION NUMBER 03895958

A B ELECTRICAL SERVICES LTD

UNAUDITED ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED

31 July 2016

A B ELECTRICAL SERVICES LTD

ABBREVIATED BALANCE SHEET

31 July 2016

		2016		2015
Note		£	£	£	£
FIXED ASSETS	2
Tangible assets			4,019		4,833

CURRENT ASSETS

Debtors	37,966		35,371
Cash at bank and in hand	7,000		-
	--------		--------
	44,966		35,371
CREDITORS: Amounts falling due within one year	42,488		24,793
	--------		--------
NET CURRENT ASSETS		2,478		10,578
		-------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES		6,497		15,411
		-------		--------

CAPITAL AND RESERVES

Called up equity share capital	3	100	100
Profit and loss account		6,397	15,311
		-------	--------
SHAREHOLDERS' FUNDS		6,497	15,411
		-------	--------

For the year ended 31st July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved and signed by the director and authorised for issue on 14 April 2017 .

Mr K Moore Director

Company Registration Number: 03895958

A B ELECTRICAL SERVICES LTD

NOTES TO THE ABBREVIATED ACCOUNTS

YEAR ENDED 31ST JULY 2016

1. ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Fixed assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor Vehicles - 25% Reducing Balance

Equipment - 20% Reducing Balance

Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

2. FIXED ASSETS

	Tangible Assets
	£

COST

At 1st August 2015	33,778
Additions	431
	--------
At 31st July 2016	34,209
	--------

DEPRECIATION

At 1st August 2015	28,945
Charge for year	1,245
	--------
At 31st July 2016	30,190
	--------

NET BOOK VALUE

At 31st July 2016	4,019
	-------

At 31st July 2015	4,833
	-------

3. SHARE CAPITAL

Allotted, called up and fully paid:

	2016		2015
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----