Able Electrical Inspection Limited |
For the year ended 30 November 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 03119771
Abbreviated Balance Sheet |
Able Electrical Inspection Limited
2016
2015
2
11,877
20,345
11,877
20,345
216,955
173,497
243,997
37,197
417,494
254,152
Creditors: amounts falling due within one year |
(245,971)
(365,050)
8,181
52,444
Net current assets
Total assets less current liabilities |
64,321
28,526
64,321
Net assets
28,526
100
3
100
40
40
64,181
28,386
64,321
28,526
Shareholders funds
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.
Directors responsibilities: 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 Compnies Act 2006 relating to small companies. |
Date approved by the board: 21 April 2017 |
Signed on behalf of the board of directors |
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Notes to the Abbreviated Financial Statements |
Able Electrical Inspection Limited
For the year ended 30 November 2016
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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: |
Plant and Machinery
Motor Vehicles
82,757
(50,911)
31,846
62,412
(52,987)
10,544
Charge for year
19,969
11,877
20,345
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Notes to the Abbreviated Financial Statements |
Able Electrical Inspection Limited
For the year ended 30 November 2016
Allotted called up and fully paid |
2016
2015
100 Ordinary shares of £1.00 each |
100
100
100
100
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