Registration number:
for the Year Ended
A. H. Electrical Systems Limited
Contents
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Accountants' Report |
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Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Accountants' Report to the Director on the Preparation of the Statutory Accounts of
A. H. Electrical Systems Limited
for the Year Ended 30 September 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A. H. Electrical Systems Limited for the year ended 30 September 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.
It is your duty to ensure that A. H. Electrical Systems Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of A. H. Electrical Systems Limited. You consider that A. H. Electrical Systems Limited is exempt from the statutory audit requirement for the year.
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The TAX Partnership
2 Cheapside
Derby
Derbyshire
DE1 1BR
29 June 2017
A. H. Electrical Systems Limited
(Registration number: 06117110)
Abbreviated Balance Sheet as at 30 September 2016
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Note |
2016 |
2015 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
- |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 30 September 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 director on
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Mr Andrew Hodgkinson
Director
A. H. Electrical Systems Limited
Notes to the Abbreviated Accounts
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Accounting policies |
Turnover
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.
Revenue recognition
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery |
25% reducing balance |
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Office equipment |
25% reducing balance |
Provisions
A provision is recognised when there is a legal or constructive obligation as a result of a past event and it is probable that an outflow of economic benefits will be required to settle the obligation.
Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE.
Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.
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Fixed assets |
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Tangible assets |
Total |
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Cost |
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At 1 October 2015 |
3,292 |
3,292 |
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Additions |
700 |
700 |
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Disposals |
(699) |
(699) |
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At 30 September 2016 |
3,293 |
3,293 |
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Depreciation |
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At 1 October 2015 |
3,019 |
3,019 |
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Charge for the year |
243 |
243 |
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Eliminated on disposals |
(699) |
(699) |
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At 30 September 2016 |
2,563 |
2,563 |
A. H. Electrical Systems Limited
Notes to the Abbreviated Accounts
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Tangible assets |
Total |
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Net book value |
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At 30 September 2016 |
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At 30 September 2015 |
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Share capital |
Allotted, called up and fully paid shares
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2016 |
2015 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
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Control |
The director is the controlling party by virtue of his controlling shareholding in the company.