Registered Number SC366491

A & J ELLIOT ELECTRICAL LIMITED

Abbreviated Accounts

31 October 2016

A & J ELLIOT ELECTRICAL LIMITED Registered Number SC366491

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 18,481 24,643
Tangible assets 3 20,183 18,233
38,664 42,876
Current assets
Stocks 5,425 5,300
Debtors 2,185 3,073
Cash at bank and in hand 49,536 67,879
57,146 76,252
Creditors: amounts falling due within one year (86,157) (81,206)
Net current assets (liabilities) (29,011) (4,954)
Total assets less current liabilities 9,653 37,922
Total net assets (liabilities) 9,653 37,922
Capital and reserves
Called up share capital 100 100
Profit and loss account 9,553 37,822
Shareholders' funds 9,653 37,922
  • For the year ending 31 October 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 1 March 2017

And signed on their behalf by:
J Elliot, Director

A & J ELLIOT ELECTRICAL LIMITED Registered Number SC366491

Notes to the Abbreviated Accounts for the period ended 31 October 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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

2Intangible fixed assets
£
Cost
At 1 November 2015 61,615
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 61,615
Amortisation
At 1 November 2015 36,972
Charge for the year 6,162
On disposals -
At 31 October 2016 43,134
Net book values
At 31 October 2016 18,481
At 31 October 2015 24,643
3Tangible fixed assets
£
Cost
At 1 November 2015 25,065
Additions 9,477
Disposals (2,142)
Revaluations -
Transfers -
At 31 October 2016 32,400
Depreciation
At 1 November 2015 6,832
Charge for the year 5,385
On disposals -
At 31 October 2016 12,217
Net book values
At 31 October 2016 20,183
At 31 October 2015 18,233