REGISTERED NUMBER: 04366465

ABBEY ELECTRICAL

CONTRACTORS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

M Cove

SECRETARY:

Indigo Secretaries Limited

REGISTERED OFFICE:

3 Kensworth Gate

200-204 High Street South

Dunstable

Bedfordshire

LU6 3HS

REGISTERED NUMBER:

04366465

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

2

20,228

2,684

CURRENT ASSETS

Stocks

750

3,173

Debtors

10,592

16,351

Cash at bank and in hand

2,767

13,282

14,109

32,806

CREDITORS

Amounts falling due within one year

16,048

32,874

NET CURRENT LIABILITIES

(1,939

)

(68

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,289

2,616

PROVISIONS FOR LIABILITIES

3,748

-

NET ASSETS

14,541

2,616

CAPITAL AND RESERVES

Called up share capital

3

103

103

Profit and loss account

14,438

2,513

SHAREHOLDERS' FUNDS

14,541

2,616

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24th February 2017 and were signed by:

M Cove - 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.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st October 2015

36,891

Additions

25,666

Disposals

(21,292

)

At 30th September 2016

41,265

DEPRECIATION

At 1st October 2015

34,207

Charge for year

6,980

Eliminated on disposal

(20,150

)

At 30th September 2016

21,037

NET BOOK VALUE

At 30th September 2016

20,228

At 30th September 2015

2,684

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

£1 Ordinary shares

£1

100

100

3

£1 Ordinary "A" shares

£1

3

3

103

103

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2016 and

30th September 2015:

2016

2015

£

£

M Cove

Balance outstanding at start of year

6,159

-

Amounts advanced

-

6,159

Amounts repaid

(6,159

)

-

Balance outstanding at end of year

-

6,159

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £32,500 (2015 - £40,000) were paid to the director .

M Cove

Director

The company is under the control of Mr. M Cove who is the managing director.

Transactions requiring disclosure in accordance with financial reporting Standard are as follows;

1. The director's loan account was overdrawn on 1st October 2015. This balance has been repaid.

2016

2015

£

£

Amount due (to)/from related party at the balance sheet date

(3

)

6,159