| REGISTERED NUMBER: |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| REGISTERED NUMBER: |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED |
| ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED (REGISTERED NUMBER: 04528999) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED (REGISTERED NUMBER: 04528999) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
3 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED (REGISTERED NUMBER: 04528999) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 MARCH 2015 |
| The financial statements were approved by the director on |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED (REGISTERED NUMBER: 04528999) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a going concern basis. The company is reliant on the |
| continued support of its bankers. In the opinion of the director, continued support will be forthcoming in |
| the foreseeable future, and adoption of the going concern basis is reasonable. |
| 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 sales of goods net of VAT and trade discounts. Turnover is recognised when the |
| goods are physically delivered to the customer. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| 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 |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Financing arrangements |
| The company has a factoring agreement in respect of trade debtors. The terms of the arrangement are |
| such that the company is obliged to support any losses made by the factor and therefore separate |
| presentation has been adopted in accordance with the Financial Reporting Standard for Smaller |
| Entities (effective April 2008). |
| A & R ELECTRICAL & SOLAR SUPPLIES |
| LIMITED (REGISTERED NUMBER: 04528999) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2015 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2015 |
| DEPRECIATION |
| At 1 April 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2015 |
| NET BOOK VALUE |
| At 31 March 2015 |
| At 31 March 2014 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| NIL | Ordinary | £1 | - | 100 |
| (2014 - 100) |
| 51 | 'A' Ordinary | £1 | 51 | - |
| 39 | 'B' Ordinary | £1 | 39 | - |
| 5 | 'C' Ordinary | £1 | 5 | - |
| 5 | 'D' Ordinary | £1 | 5 | - |
| 100 | 100 |
| During the year the 100 Ordinary shares of £1 were reclassified as follows: |
| 51 'A' Ordinary shares of £1 |
| 39 'B' Ordinary shares of £1 |
| 5 'C' Ordinary shares of £1 |
| 5 'D' Ordinary shares of £1 |