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REGISTERED NUMBER: 00432388 (England and Wales)















BACKER ELECTRIC COMPANY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014






BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

BACKER ELECTRIC COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTORS: I E Jones
M A Patten
P Daffin
P Leng



SECRETARY: Mrs S G Patten



REGISTERED OFFICE: Eastwood Trading Estate
Fitzwilliam Road
Rotherham
South
Yorkshire
S65 1TF



REGISTERED NUMBER: 00432388 (England and Wales)



ACCOUNTANTS: Fox Evans Ltd
Abbey House
Manor Road
Coventry
West Midlands
CV1 2FW



BANKERS: HSBC
11 High Street
Warwick
CV34 4AS

BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

31.12.14 31.12.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,212,519 729,495
Investments 3 76,596 81,296
1,289,115 810,791

CURRENT ASSETS
Stocks 414,872 487,327
Debtors 4 4,476,990 4,260,599
Cash at bank and in hand 90,323 4,203
4,982,185 4,752,129
CREDITORS
Amounts falling due within one year 5 987,771 1,481,601
NET CURRENT ASSETS 3,994,414 3,270,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,283,529

4,081,319

CREDITORS
Amounts falling due after more than one
year

5

(995,419
)
(9,840
)

PROVISIONS FOR LIABILITIES (7,000 ) -
NET ASSETS 4,281,110 4,071,479

CAPITAL AND RESERVES
Called up share capital 6 605,284 605,284
Share premium 4,875 4,875
Revaluation reserve 370,138 381,585
Profit and loss account 3,300,813 3,079,735
SHAREHOLDERS' FUNDS 4,281,110 4,071,479

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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.

BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 11 June 2015 and were signed on its
behalf by:





I E Jones - Director


BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The following accounting policies have been applied consistently in dealing with items which are
considered material in relation to the company's financial statements.

Accounting convention
The financial statements have been prepared in accordance with applicable Accounting Standards and
are under the historic cost accounting rules, subject to modifications to include the revaluation of
certain land and buildings.

Preparation of consolidated financial statements
The financial statements contain information about Backer Electric Company Limited as an individual
company and do not contain consolidated financial information as the parent of a group. The company
has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated
financial statements.

Turnover
Turnover represents sales of goods net of VAT. Turnover is recognised when the goods are physically
delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property - 2% on cost
Plant and machinery - 20% on cost and 10% on cost
Motor vehicles - 25% on cost

Stocks
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out
basis. Net realisable value represents estimated selling price less costs to complete and sell.
Provision is made for slow moving, obsolete and damaged stock where net realisable value is less
than cost.

Deferred tax
Provision is made at appropriate rates for taxation deferred in respect of all material timing differences
where an asset or liability will crystallise in the foreseeable future.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at
the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account in the period in which
they are incurred. Assets held under finance leases are capitalised and depreciated over their
expected useful life. The finance charges are allocated over the primary period of the lease in
proportion to the capital element outstanding.

BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 January 2014 3,358,619
Additions 533,567
At 31 December 2014 3,892,186
DEPRECIATION
At 1 January 2014 2,629,124
Charge for year 50,543
At 31 December 2014 2,679,667
NET BOOK VALUE
At 31 December 2014 1,212,519
At 31 December 2013 729,495

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 January 2014
and 31 December 2014 59,373
NET BOOK VALUE
At 31 December 2014 59,373
At 31 December 2013 59,373

Investments (neither listed nor unlisted) were as follows:
31.12.14 31.12.13
£    £   
Other investments 17,223 21,923

The company's investments at the Balance Sheet date in the share capital of companies include the
following:

Company name: Backer Inversiones SA
Country of incorporation: Spain
Nature of business: Property development
Proportion of shares held: 100% of issued ordinary shares

Aggregate capital & reserves at 31st December 2014: (€785,008) (2013: (€705,177)).
Loss for the year ended 31st December 2014: €300,195 (2013 profit of €86,487).

BACKER ELECTRIC COMPANY LIMITED (REGISTERED NUMBER: 00432388)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


3. FIXED ASSET INVESTMENTS - continued

Company name: Wireohms (Universal) Limited
Nature of business: Dormant
Proportion of shares held: 100% of issued ordinary shares

Aggregate capital & reserves at 31st December 2014: £nil (2013: £nil).

Company name: Backer Distribution Limited
Nature of business: Dormant
Proportion of shares held: 100% of issued ordinary shares

Aggregate capital & reserves at 31st December 2014: £2 (2013: £2).

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 3,971,498 (31.12.13 - £
3,777,973 )

5. CREDITORS

Creditors include an amount of £ 1,356,992 (31.12.13 - £ 377,269 ) for which security has been given.

They also include the following debts falling due in more than five years:

31.12.14 31.12.13
£    £   
Repayable by instalments 797,500 -

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.14 31.12.13
value: £    £   
550,258 Ordinary 10p 55,026 55,026
550,258 Deferred Ordinary £1 550,258 550,258
605,284 605,284

The deferred ordinary shares carry the right to fifty percent of any dividend in excess of £100,000,000
distributed in any financial year. They carry no voting rights. On winding up, the deferred shareholders
are entitled to fifty percent of any available distribution in excess of £500,000,000.

7. ULTIMATE PARENT COMPANY

Temple Trust Limited (incorporated in British Virgin Islands ) is regarded by the directors as being the
company's ultimate parent company.

The immediate parent company is Laxsound Limited, a company incorporated in the United Kingdom.