Abbreviated Company Accounts - BROADWAY ELECTRICAL CONTRACTORS LIMITED

BROADWAY ELECTRICAL CONTRACTORS LIMITED - Company Information

05554662 BROADWAY ELECTRICAL CONTRACTORS LIMITED 2015-09-30 false 2014-10-01 2015-09-30 true 05554662 2014-10-01 2015-09-30 05554662 2015-09-30 05554662 2014-09-30 05554662 uk-gaap-cd-bus:Director1 2014-10-01 2015-09-30 05554662 uk-gaap-cd-bus:Director2 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-01 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 iso4217:GBP shares

Registered Number 05554662

BROADWAY ELECTRICAL CONTRACTORS LIMITED

Abbreviated Accounts

30 September 2015

BROADWAY ELECTRICAL CONTRACTORS LIMITED Registered Number 05554662

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	13,538	21,307
		13,538	21,307
Current assets
Stocks		1,011	1,011
Debtors		5,827	18,678
Cash at bank and in hand		134,590	93,806
		141,428	113,495
Creditors: amounts falling due within one year		(17,191)	(12,341)
Net current assets (liabilities)		124,237	101,154
Total assets less current liabilities		137,775	122,461
Provisions for liabilities		(1,413)	-
Total net assets (liabilities)		136,362	122,461
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		136,360	122,459
Shareholders' funds		136,362	122,461

For the year ending 30 September 2015 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 20 July 2016

And signed on their behalf by:
P C Davies, Director

BROADWAY ELECTRICAL CONTRACTORS LIMITED Registered Number 05554662

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and Machinery, etc - 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred tax

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

Pension Costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate.

2Tangible fixed assets

	£
Cost
At 1 October 2014	68,257
Additions	1,010
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	69,267
Depreciation
At 1 October 2014	46,950
Charge for the year	8,779
On disposals	-
At 30 September 2015	55,729
Net book values
At 30 September 2015	13,538
At 30 September 2014	21,307

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2