| A & B Electrical Services (UK) Limited |
| Registered Number:04691432 |
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2017
A & B Electrical Services (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
A & B Electrical Services (UK) Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
28,522
33,126
2
28,522
33,126
1,933
2,104
3
| Trade and other receivables |
183,729
121,761
4
94,877
| Cash and cash equivalents |
59,927
183,792
280,539
| Trade and other payables: amounts falling due within one |
| year |
(156,603)
(95,683)
5
123,936
88,109
Net current assets
| Total assets less current liabilities |
116,631
157,062
116,631
Net assets
157,062
100
100
116,531
156,962
116,631
157,062
Shareholders' funds
| For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| 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. |
| Mr Anthony Lambert Director |
| These financial statements were approved and authorised for issue by the Board on 12 June 2017 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2017
A & B Electrical Services (UK) Limited
Notes to the Financial Statements
Statutory Information
| A & B Electrical Services (UK) Limited is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 04691432. |
| Principal place of business: |
103 Bradley House
Radcliffe Moor Road
Bolton
Lancs
BL2 6RT
103 Bradley House
Radclffe Moor Road
Bolton
Lancs
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 March 2017
A & B Electrical Services (UK) Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
125,495
39,855
12,700
22,940
50,000
22,940
12,700
39,855
125,495
50,000
| Provision for depreciation and impairment |
92,369
30,864
11,346
20,159
30,000
Charge for year
4,604
1,349
338
417
2,500
96,973
32,213
11,684
20,576
32,500
17,500
2,364
1,016
7,642
28,522
20,000
2,781
1,354
8,991
33,126
2016
2017
2,104
1,933
| 4. Trade and other receivables |
2016
2017
121,761
174,643
-
9,086
183,729
121,761
| 5. Trade and other payables: amounts falling due within one year |
2016
2017
62,338
100,416
| Taxation and social security |
32,596
51,847
749
4,340
95,683
156,603
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