Abbreviated Company Accounts - HYLAND ELECTRICAL LTD

HYLAND ELECTRICAL LTD - Company Information

08070593 HYLAND ELECTRICAL LTD 2016-03-31 false 2015-04-01 2016-03-31 true 08070593 2015-04-01 2016-03-31 08070593 2016-03-31 08070593 2015-03-31 08070593 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08070593 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08070593

HYLAND ELECTRICAL LTD

Abbreviated Accounts

31 March 2016

HYLAND ELECTRICAL LTD Registered Number 08070593

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,584	3,442
		2,584	3,442
Current assets
Debtors		23,348	7,124
Cash at bank and in hand		-	1,961
		23,348	9,085
Creditors: amounts falling due within one year		(25,304)	(11,875)
Net current assets (liabilities)		(1,956)	(2,790)
Total assets less current liabilities		628	652
Total net assets (liabilities)		628	652
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		625	649
Shareholders' funds		628	652

For the year ending 31 March 2016 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 29 December 2016

And signed on their behalf by:
S Hyland, Director

HYLAND ELECTRICAL LTD Registered Number 08070593

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 20% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	7,949
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	7,949
Depreciation
At 1 April 2015	4,507
Charge for the year	858
On disposals	-
At 31 March 2016	5,365
Net book values
At 31 March 2016	2,584
At 31 March 2015	3,442

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

	2016 £	2015 £
3 Ordinary shares of £1 each	3	3