Abbreviated Company Accounts - S P SMITH ELECTRICAL CONTRACTORS LTD

Abbreviated Company Accounts - S P SMITH ELECTRICAL CONTRACTORS LTD

S P SMITH ELECTRICAL CONTRACTORS LTD - Company Information

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Registered Number 06035325

S P SMITH ELECTRICAL CONTRACTORS LTD

Abbreviated Accounts

31 December 2013

S P SMITH ELECTRICAL CONTRACTORS LTD Registered Number 06035325

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 17,500 20,000
Tangible assets 3 53,776 47,615
71,276 67,615
Current assets
Stocks 132,400 128,779
Debtors 66,916 112,115
Cash at bank and in hand 100 100
199,416 240,994
Creditors: amounts falling due within one year (238,515) (252,870)
Net current assets (liabilities) (39,099) (11,876)
Total assets less current liabilities 32,177 55,739
Creditors: amounts falling due after more than one year (30,923) (33,411)
Provisions for liabilities 0 (5,382)
Total net assets (liabilities) 1,254 16,946
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,154 16,846
Shareholders' funds 1,254 16,946
  • For the year ending 31 December 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 September 2014

And signed on their behalf by:
Mr S Smith, Director

S P SMITH ELECTRICAL CONTRACTORS LTD Registered Number 06035325

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 January 2013 25,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 25,000
Amortisation
At 1 January 2013 5,000
Charge for the year 2,500
On disposals -
At 31 December 2013 7,500
Net book values
At 31 December 2013 17,500
At 31 December 2012 20,000
3Tangible fixed assets
£
Cost
At 1 January 2013 78,754
Additions 24,028
Disposals (6,700)
Revaluations -
Transfers -
At 31 December 2013 96,082
Depreciation
At 1 January 2013 31,139
Charge for the year 15,747
On disposals (4,580)
At 31 December 2013 42,306
Net book values
At 31 December 2013 53,776
At 31 December 2012 47,615