A & B Electrical Services (UK) Limited,Ltd - AccountsLtd - Accounts

A & B Electrical Services (UK) Limited,Ltd - AccountsLtd - Accounts

A & B ELECTRICAL SERVICES (UK) LIMITED - Company Information

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2018-04-01 04691432 2019-03-31 04691432 2018-04-01 2019-03-31 04691432 2018-03-31 04691432 2017-04-01 2018-03-31 04691432 uk-core:WithinOneYear 2018-03-31 04691432 uk-core:WithinOneYear 2019-03-31 04691432 uk-core:ShareCapital 2019-03-31 04691432 uk-core:ShareCapital 2018-03-31 04691432 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 04691432 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 04691432 uk-bus:Director1 2018-04-01 2019-03-31 04691432 uk-bus:Director2 2018-04-01 2019-03-31 04691432 uk-core:Buildings 2018-04-01 2019-03-31 04691432 uk-core:PlantMachinery 2018-04-01 2019-03-31 04691432 uk-core:CommercialMotorVehicles 2018-04-01 2019-03-31 04691432 uk-core:FurnitureFittings 2018-04-01 2019-03-31 04691432 uk-core:FurnitureFittings 2018-03-31 04691432 uk-core:CommercialMotorVehicles 2018-03-31 04691432 uk-core:PlantMachinery 2018-03-31 04691432 uk-core:Buildings 2018-03-31 04691432 uk-core:PlantMachinery 2019-03-31 04691432 uk-core:CommercialMotorVehicles 2019-03-31 04691432 uk-core:FurnitureFittings 2019-03-31 04691432 uk-core:Buildings 2019-03-31 iso4217:GBP 04691432 uk-bus:AuditExemptWithAccountantsReport 2018-04-01 2019-03-31 04691432 uk-bus:FRS102 2018-04-01 2019-03-31 04691432 uk-bus:FullAccounts 2018-04-01 2019-03-31 04691432 uk-bus:PrivateLimitedCompanyLtd 2018-04-01 2019-03-31
A & B Electrical Services (UK) Limited
Registered Number:04691432
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
A & B Electrical Services (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2019
A & B Electrical Services (UK) Limited
Statement of Financial Position
Registered Number :
04691432
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
54,618
70,023
2
54,618
70,023
Current assets
Inventories
2,388
2,293
3
Trade and other receivables
186,692
102,943
4
71,232
Cash and cash equivalents
78,260
183,496
260,312
Trade and other payables: amounts falling due within one
year
(206,024)
(103,917)
5
54,288
79,579
Net current assets
Total assets less current liabilities
134,197
124,311
134,197
Net assets
124,311
Capital and reserves
Called up share capital
100
100
Retained earnings
134,097
124,211
134,197
124,311
Shareholders' funds
For the year ended 31 March 2019 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 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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 applicable to companies subject to the small companies regime.
Mr Simon Fabby Director
Mr Anthony Lambert Director
These financial statements were approved and authorised for issue by the Board on 01 October 2019 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2019
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.
Registered address:
103 Bradley House
Radcliffe Moor Road
Bolton
Lancs
BL2 6RT
The presentation currency is £ sterling.
1. Accounting policies
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, 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
5% Straight line
Plant and Machinery
15% Reducing balance
25% Reducing balance
Motor Vehicles
15% Reducing balance
Furniture and Fittings
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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5
For the year ended 31 March 2019
A & B Electrical Services (UK) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
Plant and
Machinery
Land and
Buildings
£
£
£
£
£
Cost or
valuation
At 01 April 2018
186,503
39,855
73,708
22,940
50,000
At 31 March 2019
22,940
73,708
39,855
186,503
50,000
Provision for depreciation and impairment
At 01 April 2018
116,480
33,359
27,190
20,931
35,000
Charge for year
15,405
974
11,630
301
2,500
At 31 March 2019
131,885
34,333
38,820
21,232
37,500
At 31 March 2019
Net book value
12,500
1,708
34,888
5,522
54,618
At 31 March 2018
15,000
2,009
46,518
6,496
70,023
3. Inventories
2018
2019
£
£
Stocks
2,293
2,388
4. Trade and other receivables
2018
2019
£
£
Trade debtors
102,943
186,692
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
18,077
102,803
Taxation and social security
42,981
45,851
Other creditors
42,859
57,370
103,917
206,024
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