Abbreviated Company Accounts - ABERNETHY ELECTRICAL LIMITED

SC329525 ABERNETHY ELECTRICAL LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true SC329525 2015-09-01 2016-08-31 SC329525 2016-08-31 SC329525 2015-08-31 SC329525 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 SC329525 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number SC329525

ABERNETHY ELECTRICAL LIMITED

Abbreviated Accounts

31 August 2016

ABERNETHY ELECTRICAL LIMITED Registered Number SC329525

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Current assets
Debtors		9,308	6,226
Cash at bank and in hand		7,069	28,108
		16,377	34,334
Creditors: amounts falling due within one year		(11,663)	(8,692)
Net current assets (liabilities)		4,714	25,642
Total assets less current liabilities		4,714	25,642
Total net assets (liabilities)		4,714	25,642
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		4,713	25,641
Shareholders' funds		4,714	25,642

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 26 May 2017

And signed on their behalf by:
Mr Stuart Abernethy, Director

ABERNETHY ELECTRICAL LIMITED Registered Number SC329525

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

1Accounting Policies

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

Other accounting policies
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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1