REGISTERED NUMBER: 04650515 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 July 2015

for

AAC MECHANICAL & ELECTRICAL LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr T A Smith

Mrs M Smith

Mrs H Withers

Mr G M Withers

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

04650515 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

2

20,000

-

Tangible assets

3

81,609

-

Investments

4

1,000

-

102,609

-

CURRENT ASSETS

Stocks

274,525

16,150

Debtors

600,956

524,375

Cash at bank and in hand

7,948

87,401

883,429

627,926

CREDITORS

Amounts falling due within one year

954,904

547,388

NET CURRENT (LIABILITIES)/ASSETS

(71,475

)

80,538

TOTAL ASSETS LESS CURRENT LIABILITIES

31,134

80,538

CREDITORS

Amounts falling due after more than one year

25,249

-

NET ASSETS

5,885

80,538

CAPITAL AND RESERVES

Called up share capital

5

5,000

5,000

Profit and loss account

885

75,538

SHAREHOLDERS' FUNDS

5,885

80,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 25 January 2016 and were signed on its behalf by:

Mr G M Withers - Director

Mr T A Smith - Director

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 and services, excluding value added tax.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after

making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable

overheads.

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

Additions

20,000

At 31 July 2015

20,000

NET BOOK VALUE

At 31 July 2015

20,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

207,684

At 31 July 2015

207,684

DEPRECIATION

Charge for year

126,075

At 31 July 2015

126,075

NET BOOK VALUE

At 31 July 2015

81,609

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

1,000

At 31 July 2015

1,000

NET BOOK VALUE

At 31 July 2015

1,000

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

5,000

Ordinary

£1

5,000

5,000

6.	ULTIMATE CONTROLLING PARTY

The controlling party is AAC Building Services Group Ltd.