Seven Hills Electrical Limited - Accounts to registrar - small 17.2

Seven Hills Electrical Limited - Accounts to registrar - small 17.2

SEVEN HILLS ELECTRICAL LTD - Company Information

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REGISTERED NUMBER: 06404700 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2017

FOR

SEVEN HILLS ELECTRICAL LIMITED

SEVEN HILLS ELECTRICAL LIMITED (REGISTERED NUMBER: 06404700)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SEVEN HILLS ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2017







DIRECTOR: M Cooper





SECRETARY: Mrs S Tweed





REGISTERED OFFICE: 4 The Dell
Rotherham
S66 3ZQ





REGISTERED NUMBER: 06404700 (England and Wales)





ACCOUNTANTS: Booth Lynch & Co Limited
4 The Dell
Woodlaithes Village
Rotherham
S66 3ZQ
Page 1
SEVEN HILLS ELECTRICAL LIMITED (REGISTERED NUMBER: 06404700)

BALANCE SHEET
31 OCTOBER 2017

31.10.17 31.10.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,749 2,625

CURRENT ASSETS
Cash at bank 42,138 45,857

CREDITORS
Amounts falling due within one year 5 21,997 23,049
NET CURRENT ASSETS 20,141 22,808
TOTAL ASSETS LESS CURRENT
LIABILITIES
22,890
25,433

PROVISIONS FOR LIABILITIES 485 446
NET ASSETS 22,405 24,987

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 22,404 24,986
SHAREHOLDERS' FUNDS 22,405 24,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20 January 2018 and were signed by:





M Cooper - Director


The notes form part of these financial statements

Page 2
SEVEN HILLS ELECTRICAL LIMITED (REGISTERED NUMBER: 06404700)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017

1. STATUTORY INFORMATION

Seven Hills Electrical Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
SEVEN HILLS ELECTRICAL LIMITED (REGISTERED NUMBER: 06404700)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2017

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2016 1,376 3,200 1,731 6,307
Additions 545 - 379 924
At 31 October 2017 1,921 3,200 2,110 7,231
DEPRECIATION
At 1 November 2016 1,118 1,400 1,164 3,682
Charge for year 161 450 189 800
At 31 October 2017 1,279 1,850 1,353 4,482
NET BOOK VALUE
At 31 October 2017 642 1,350 757 2,749
At 31 October 2016 258 1,800 567 2,625

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.17 31.10.16
£    £   
Taxation and social security 545 1,353
Other creditors 21,452 21,696
21,997 23,049

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Cooper.

Page 4