REGISTERED NUMBER: 10644830 (England and Wales)

Unaudited Financial Statements

for the Period 1 March 2017 to 31 March 2018

for

SH Electrical Contractors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Henley

REGISTERED OFFICE:

19 Cooper Grove

Portchester

Fareham

Hampshire

PO16 9JZ

REGISTERED NUMBER:

10644830 (England and Wales)

ACCOUNTANTS:

KT Accountants Limited

Castle Farm Barn North

Denmead Road

Southwick

Hampshire

PO17 6EX

FIXED ASSETS

Tangible assets

4

4,551

CURRENT ASSETS

Debtors

5

7,273

Cash at bank

363

7,636

CREDITORS

Amounts falling due within one year

6

8,216

NET CURRENT LIABILITIES

(580

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,971

PROVISIONS FOR LIABILITIES

85

NET ASSETS

3,886

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

3,884

SHAREHOLDERS' FUNDS

3,886

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 30 May 2018 and were signed by:

S L Henley - Director

1.	STATUTORY INFORMATION

SH Electrical Contractors Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Taxation

Taxation for the period 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 period 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 period was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

6,068

At 31 March 2018

6,068

DEPRECIATION

Charge for period

1,517

At 31 March 2018

1,517

NET BOOK VALUE

At 31 March 2018

4,551

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

825

Other debtors

6,448

7,273

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

3,171

Other creditors

5,045

8,216

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended

31 March 2018:

£

S L Henley

Balance outstanding at start of period

-

Amounts advanced

5,915

Amounts repaid

(10,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

(4,085

)

Included in creditors is an amount due to the director of £4,085. This loan is interest free,

undated, unsecured and repayable on demand.