Company Registration No. 05620290 (England and Wales)
A BROOKE ELECTRICAL LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
A BROOKE ELECTRICAL LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
A BROOKE ELECTRICAL LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 NOVEMBER 2016
30 November 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
17
20
Current assets
Debtors
667
2,558
Cash at bank and in hand
4,916
1,994
5,583
4,552
Creditors: amounts falling due within one year
(3,595)
(1,834)
Net current assets
1,988
2,718
Total assets less current liabilities
2,005
2,738
Capital and reserves
Called up share capital
3
2
2
Profit and loss account
2,003
2,736
Shareholders' funds
2,005
2,738
For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 March 2017
Mr A D Brooke
Director
Company Registration No. 05620290
A BROOKE ELECTRICAL LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
15% on reducing balance
2
Fixed assets
Tangible assets
£
Cost
At 1 December 2015 & at 30 November 2016
100
Depreciation
At 1 December 2015
80
Charge for the year
3
At 30 November 2016
83
Net book value
At 30 November 2016
17
At 30 November 2015
20
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
2 Ordinary shares of £1 each
2
2