Registered Number 06307095

BLAC ELECTRICAL LIMITED

Abbreviated Accounts

31 July 2015

BLAC ELECTRICAL LIMITED Registered Number 06307095

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 5,280 7,920
Tangible assets 3 8,958 7,783
Investments - -
14,238 15,703
Current assets
Stocks 12,007 7,000
Debtors 18,172 7,823
Investments - -
Cash at bank and in hand 57,413 33,205
87,592 48,028
Prepayments and accrued income - -
Creditors: amounts falling due within one year (21,634 ) (13,011 )
Net current assets (liabilities) 65,958 35,017
Total assets less current liabilities 80,196 50,720
Creditors: amounts falling due after more than one year (30,000 ) -
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) 50,196 50,720
Capital and reserves
Called up share capital 100 100
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account 50,096 50,620
Shareholders' funds 50,196 50,720

  • For the year ending 31 July 2015 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 April 2016

And signed on their behalf by:
Mr R A Baker, Director

BLAC ELECTRICAL LIMITED Registered Number 06307095

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1 Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
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 & Machinery 15% Reducing balance
Computer Equipment 25% Reducing balance
Motor Vehciles 25% Reducing balance

2 Intangible fixed assets
£
Cost
At 1 August 2014 26,400
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 26,400
Amortisation
At 1 August 2014 18,480
Charge for the year 2,640
On disposals -
At 31 July 2015 21,120
Net book values
At 31 July 2015 5,280
At 31 July 2014 7,920
3 Tangible fixed assets
£
Cost
At 1 August 2014 12,178
Additions 4,089
Disposals -
Revaluations -
Transfers -
At 31 July 2015 16,267
Depreciation
At 1 August 2014 4,395
Charge for the year 2,914
On disposals -
At 31 July 2015 7,309
Net book values
At 31 July 2015 8,958
At 31 July 2014 7,783