DPM Electrical Installations Limited 06290825 false true 2015-04-01 2016-03-31 2016-03-31 06290825 2015-04-01 2016-03-31 06290825 2016-03-31 06290825 uk-bus:OrdinaryShareClass1 2016-03-31 06290825 uk-bus:Director2 2015-04-01 2016-03-31 06290825 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 06290825 uk-gaap:CommercialMotorVehicles 2015-04-01 2016-03-31 06290825 uk-gaap:OfficeEquipment 2015-04-01 2016-03-31 06290825 2015-03-31 06290825 2015-03-31 06290825 uk-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP xbrli:shares

Registration number: 06290825

DPM Electrical Installations Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

 

DPM Electrical Installations Limited
Contents

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

2 to 3

 

DPM Electrical Installations Limited
(Registration number: 06290825)
Abbreviated Balance Sheet at 31 March 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

7,062

   

9,416

 

Current assets

 

             

Stocks

 

   

500

   

500

 

Debtors

 

   

18,063

   

8,625

 

Cash at bank and in hand

 

   

4,129

   

12,117

 
   

   

22,692

   

21,242

 

Creditors: Amounts falling due within one year

 

   

(29,391)

   

(28,155)

 

Net current liabilities

 

   

(6,699)

   

(6,913)

 

Net assets

 

   

363

   

2,503

 

Capital and reserves

 

             

Called up share capital

 

3

   

2

   

2

 

Profit and loss account

 

   

361

   

2,501

 

Shareholders' funds

 

   

363

   

2,503

 

For the year ending 31 March 2016 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 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 in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 10 August 2016

.........................................
Mr D McCoy
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

 

DPM Electrical Installations Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Vans

Reducing balance 25%

Office equipment

Reducing balance 25%

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 April 2015

 

19,374

   

19,374

 

At 31 March 2016

 

19,374

   

19,374

 

Depreciation

           

At 1 April 2015

 

9,958

   

9,958

 

Charge for the year

 

2,354

   

2,354

 

At 31 March 2016

 

12,312

   

12,312

 

Net book value

           

At 31 March 2016

 

7,062

   

7,062

 

At 31 March 2015

 

9,416

   

9,416

 
 

DPM Electrical Installations Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

2

   

2

   

2

   

2