Registered Number 06775030

A & H UTILITIES LTD

Abbreviated Accounts

16 June 2014

A & H UTILITIES LTD Registered Number 06775030

Abbreviated Balance Sheet as at 16 June 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 10,000 12,000
Tangible assets 3 11,714 14,527
21,714 26,527
Current assets
Debtors 34,740 25,922
Cash at bank and in hand 532 3
35,272 25,925
Creditors: amounts falling due within one year (47,537) (44,755)
Net current assets (liabilities) (12,265) (18,830)
Total assets less current liabilities 9,449 7,697
Provisions for liabilities (2,342) (2,905)
Total net assets (liabilities) 7,107 4,792
Capital and reserves
Called up share capital 100 100
Profit and loss account 7,007 4,692
Shareholders' funds 7,107 4,792
  • For the year ending 16 June 2014 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 24 February 2015

And signed on their behalf by:
J A MCENTYRE, Director

A & H UTILITIES LTD Registered Number 06775030

Notes to the Abbreviated Accounts for the period ended 16 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & equipment 15% Reducing balance method
Motor vehicles 25% Reducing balance method

Intangible assets amortisation policy
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the identifiable assets and liabilities. It is amortised to the Profit and loss account over its estimated economic life.

2Intangible fixed assets
£
Cost
At 17 June 2013 20,000
Additions -
Disposals -
Revaluations -
Transfers -
At 16 June 2014 20,000
Amortisation
At 17 June 2013 8,000
Charge for the year 2,000
On disposals -
At 16 June 2014 10,000
Net book values
At 16 June 2014 10,000
At 16 June 2013 12,000
3Tangible fixed assets
£
Cost
At 17 June 2013 33,010
Additions -
Disposals -
Revaluations -
Transfers -
At 16 June 2014 33,010
Depreciation
At 17 June 2013 18,483
Charge for the year 2,813
On disposals -
At 16 June 2014 21,296
Net book values
At 16 June 2014 11,714
At 16 June 2013 14,527