REGISTERED NUMBER: 04556160 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2016

for

AAP Electrical Contractors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Markham

P Cunliffe

M V Markham

SECRETARY:

PHA Secretarial Services Ltd

REGISTERED OFFICE:

Corner House

28 Huddersfield Road

Newhey

Rochdale

Lancashire

OL16 3QF

REGISTERED NUMBER:

04556160 (England and Wales)

ACCOUNTANTS:

Brian Gumbley Accountancy Services Ltd

Corner House

28 Huddersfield Road

Newhey

Rochdale

Lancashire

OL16 3QF

FIXED ASSETS

Tangible assets

4

26,190

13,598

CURRENT ASSETS

Debtors

5

134,237

171,484

Cash at bank

507,466

150,482

641,703

321,966

CREDITORS

Amounts falling due within one year

6

177,978

87,600

NET CURRENT ASSETS

463,725

234,366

TOTAL ASSETS LESS CURRENT LIABILITIES

489,915

247,964

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

489,905

247,954

SHAREHOLDERS' FUNDS

489,915

247,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 March 2017 and were signed on its behalf by:

A Markham - Director

1.	STATUTORY INFORMATION

AAP Electrical Contractors Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be

found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred tax

is measured using tax rates and laws that have been enacted or substantively enacted by the

year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2016

22,063

732

4,036

26,831

Additions

30,198

-

4,307

34,505

Disposals

(21,923

)

-

-

(21,923

)

At 31 December 2016

30,338

732

8,343

39,413

DEPRECIATION

At 1 January 2016

9,626

696

2,911

13,233

Charge for year

7,575

9

1,997

9,581

Eliminated on disposal

(9,591

)

-

-

(9,591

)

At 31 December 2016

7,610

705

4,908

13,223

NET BOOK VALUE

At 31 December 2016

22,728

27

3,435

26,190

At 31 December 2015

12,437

36

1,125

13,598

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade debtors

134,237

168,085

Tax

-

3,399

134,237

171,484

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

17,822

31,303

Tax

98,800

-

Social security and other taxes

1,900

2,453

VAT

53,934

48,322

Directors' current accounts

2,522

2,522

Accrued expenses

3,000

3,000

177,978

87,600