Company Registration No. 03053209 (England and Wales)
A & S ELECTRICAL HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
A & S ELECTRICAL HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
A & S ELECTRICAL HOLDINGS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Investments
2
1
1
Current assets
Debtors
3
1,401
1,414
Creditors: amounts falling due within one year
4
(487)
(487)
Net current assets
914
927
Total assets less current liabilities
915
928
Capital and reserves
Called up share capital
5
250
250
Capital redemption reserve
750
750
Profit and loss reserves
(85)
(72)
Total equity
915
928
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and signed by the director and authorised for issue on 16 August 2019
Mr S J Hodgson
Director
Company Registration No. 03053209
A & S ELECTRICAL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
1
Accounting policies
Company information
A & S Electrical Holdings Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Unit 3, Techno Trading Estate, Station Road, Leeds, West Yorkshrie, LS27 8JT.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Fixed asset investments
Interests in subsidiaries
are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
2
Fixed asset investments
2019
2018
£
£
Investments
1
1
3
Debtors
2019
2018
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,401
1,414
4
Creditors: amounts falling due within one year
2019
2018
£
£
Other creditors
487
487
A & S ELECTRICAL HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 3 -
5
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
250 Ordinary shares of £1 each
250
250
250
250