A & R ELECTRICAL (WALES) LIMITED - Abbreviated accounts 16.3

REGISTERED NUMBER: 06739884 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

A & R ELECTRICAL (WALES) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Davies

A Vaughan

SECRETARY:

REGISTERED OFFICE:

15 Alder Road

Neath

West Glamorgan

SA11 3NY

REGISTERED NUMBER:

06739884 (England and Wales)

ACCOUNTANTS:

Fergusons & Peters

Min Yr Afon

4 High Street

Pontardawe

Swansea

SA8 4HU

FIXED ASSETS

Tangible assets

2

7,179

9,342

CURRENT ASSETS

Stocks

6,370

5,990

Debtors

32,033

41,457

Cash at bank

68,409

87,263

106,812

134,710

CREDITORS

Amounts falling due within one year

62,753

39,692

NET CURRENT ASSETS

44,059

95,018

TOTAL ASSETS LESS CURRENT
LIABILITIES

51,238

104,360

PROVISIONS FOR LIABILITIES

1,436

2,415

NET ASSETS

49,802

101,945

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

49,702

101,845

SHAREHOLDERS' FUNDS

49,802

101,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 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 16 August 2017 and were signed on its behalf by:

R Davies - Director

A Vaughan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account 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 the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

39,647

Additions

230

At 30 November 2016

39,877

DEPRECIATION

At 1 December 2015

30,305

Charge for year

2,393

At 30 November 2016

32,698

NET BOOK VALUE

At 30 November 2016

7,179

At 30 November 2015

9,342

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

100

Ordinary

£1

100