Registered Number 09169040
CDR ELECTRICAL SUPPLIES LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 4 |
( |
( |
Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 4 |
( |
( |
Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Land and buildings - Freehold property is not depreciated
Plant and machinery - 25% on cost
Fixtures, fittings
and equipment - 25% straight line
Motor vehicles - 25% straight line
Leasing:
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Valuation information and policy
Fixed asset investments are stated at cost less provision for permanent diminution in value.
Stock:
Stock is valued at the lower of cost and net realisable value.
Other accounting policies
The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.
£ | |
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Cost | |
At 1 April 2015 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2016 |
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Depreciation | |
At 1 April 2015 |
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Charge for the year |
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On disposals |
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At 31 March 2016 |
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Net book values | |
At 31 March 2016 | 885,857 |
At 31 March 2015 | 895,978 |
3
Fixed assets Investments
£ £
Subsidiary undertaking 60 60
Holdings of 20% or more
The company holds 20% or more of the share capital of the following companies:
Country of
registration Nature of Shares held
Company or incorporation business Class %
Subsidiary undertaking
CDR Electrical Supplies Limited England Electrical retailers Ordinary 60%
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves Profit for the year
£ £
CDR Electrical Supplies Limited 30,707 30,607
2016
£ |
2015
£ |
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Instalment debts due after 5 years |
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