Company Registration No. 06466271 (England and Wales)
Switch - Electric Limited
Unaudited accounts
for the year ended 31 March 2018
Switch - Electric Limited
Unaudited accounts
Contents
Switch - Electric Limited
Company Information
for the year ended 31 March 2018
Director
Wojciech JARSZAK
Company Number
06466271 (England and Wales)
Registered Office
UNIT 14
63 JEDDO ROAD
LONDON
W12 9EE
Switch - Electric Limited
Statement of financial position
as at
31 March 2018
Tangible assets
3,704
4,939
Cash at bank and in hand
2,329
1,019
Creditors: amounts falling due within one year
(50,930)
(56,718)
Net current liabilities
(48,601)
(55,699)
Net liabilities
(44,897)
(50,760)
Called up share capital
100
100
Profit and loss account
(44,997)
(50,860)
Shareholders' funds
(44,897)
(50,760)
For the year ending 31 March 2018 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 10 May 2018.
Wojciech JARSZAK
Director
Company Registration No. 06466271
Switch - Electric Limited
Notes to the Accounts
for the year ended 31 March 2018
Switch - Electric Limited is a private company, limited by shares, registered in England and Wales, registration number 06466271. The registered office is UNIT 14, 63 JEDDO ROAD, LONDON, W12 9EE.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:: 25%
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Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
Charge for the year
1,235
Switch - Electric Limited
Notes to the Accounts
for the year ended 31 March 2018
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Creditors: amounts falling due within one year
2018
2017
Taxes and social security
6,511
4,514
Other creditors
44,419
52,204
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Average number of employees
During the year the average number of employees was 2 (2017: 2).