Company Registration No. 06880546 (England and Wales)
ALARUM ELECTRICAL CONTRACTORS LTD
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
ALARUM ELECTRICAL CONTRACTORS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ALARUM ELECTRICAL CONTRACTORS LTD
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2016
30 June 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
2,833
3,833
Tangible assets
2
412
209
3,245
4,042
Current assets
Stocks
2,700
2,700
Debtors
12,588
3,248
Cash at bank and in hand
510
1,583
15,798
7,531
Creditors: amounts falling due within one year
(15,391)
(10,714)
Net current assets/(liabilities)
407
(3,183)
Total assets less current liabilities
3,652
859
3,652
859
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
3,552
759
Shareholders' funds
3,652
859
For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 29 March 2017
J Egerton
Director
Company Registration No. 06880546
ALARUM ELECTRICAL CONTRACTORS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
33% reducing balance
Computer equipment
50% on cost
Fixtures, fittings & equipment
33% reducing balance
Motor vehicles
50% reducing balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 July 2015
10,000
7,027
17,027
Additions
-
542
542
At 30 June 2016
10,000
7,569
17,569
Depreciation
At 1 July 2015
6,167
6,818
12,985
Charge for the year
1,000
339
1,339
At 30 June 2016
7,167
7,157
14,324
Net book value
At 30 June 2016
2,833
412
3,245
At 30 June 2015
3,833
209
4,042
ALARUM ELECTRICAL CONTRACTORS LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100
4
Related party relationships and transactions
Other transactions
The company paid £1,200 (201 5 : £1, 2 00) to J Egerton (director) during the year for office rental and other services.
5
: £1,
2
00) to J Egerton (director) during the year for office rental and other services.