Registered Number 04493668

A. & B. ELECTRICS LIMITED

Abbreviated Accounts

31 August 2016

A. & B. ELECTRICS LIMITED Registered Number 04493668

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 9,000 10,500
9,000 10,500
Current assets
Stocks 662 547
Debtors 33,512 23,649
Cash at bank and in hand 36,608 21,685
70,782 45,881
Creditors: amounts falling due within one year (48,683) (26,268)
Net current assets (liabilities) 22,099 19,613
Total assets less current liabilities 31,099 30,113
Creditors: amounts falling due after more than one year (30,000) (30,000)
Total net assets (liabilities) 1,099 113
Capital and reserves
Called up share capital 100 100
Profit and loss account 999 13
Shareholders' funds 1,099 113
  • For the year ending 31 August 2016 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 17 February 2017

And signed on their behalf by:
P.W. Rees, Director

A. & B. ELECTRICS LIMITED Registered Number 04493668

Notes to the Abbreviated Accounts for the period ended 31 August 2016

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.

2Intangible fixed assets
£
Cost
At 1 September 2015 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 30,000
Amortisation
At 1 September 2015 19,500
Charge for the year 1,500
On disposals -
At 31 August 2016 21,000
Net book values
At 31 August 2016 9,000
At 31 August 2015 10,500