Earthing Equipment Supplies (Southern) Ltd
|
Registered Number
:
02527103
|
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2017
Earthing Equipment Supplies (Southern) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
40,956
53,059
2
40,956
53,059
22,158
22,099
Trade and other receivables
|
116,045
95,209
3
54,813
Cash and cash equivalents
|
35,069
152,377
193,016
Trade and other payables
:
amounts falling due within one
|
year
|
(95,288)
(71,158)
4
97,728
81,219
Net current assets
Total assets less current liabilities
|
122,175
150,787
Trade and other payables
:
amounts falling due after more
|
than one year
|
(7,446)
(2,266)
5
119,909
Net assets
143,341
100
100
119,809
143,241
119,909
143,341
Shareholders' funds
For the year ended 31 August 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
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.
|
These financial statements were approved and authorised for issue by the Board on 14 November 2017 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 August 2017
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements
Statutory Information
Earthing Equipment Supplies
(
Southern
)
Ltd is a private limited company
,
limited by shares
,
domiciled in England and
|
Wales
,
registration number
02527103
.
|
Lavender House
Church Lane
Arborfield
Berkshire
RG2 9JA
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
|
2 of 4
For the year ended 31 August 2017
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
129,400
1,850
14,876
108,718
3,956
1,228
-
-
-
1,228
(752)
-
-
(1,004)
(1,756)
108,718
14,876
1,098
128,872
4,180
Provision for depreciation and impairment
|
76,341
475
9,257
65,060
1,549
Charge for year
13,331
374
1,550
10,915
492
(1,756)
(752)
-
-
(1,004)
87,916
97
10,807
75,975
1,037
3,143
32,743
4,069
1,001
40,956
2,407
43,658
5,619
1,375
53,059
3
.
Trade and other receivables
|
2016
2017
91,329
112,061
3,880
3,984
116,045
95,209
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
11,810
12,808
Taxation and social security
|
44,577
60,633
14,771
21,847
71,158
95,288
5
.
Trade and other payables
:
amounts falling due after more than one year
|
2016
2017
2,266
7,446
3 of 4
For the year ended 31 August 2017
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
6
.
Guarantees and other financial commitments
|
4 of 4