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REGISTERED NUMBER: SC417672 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2018

FOR

WILLIAM DUNCAN (ELECTRICIAN) LTD

WILLIAM DUNCAN (ELECTRICIAN) LTD (REGISTERED NUMBER: SC417672)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

WILLIAM DUNCAN (ELECTRICIAN) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2018







DIRECTOR: W Duncan





REGISTERED OFFICE: Rose Cottage
Shillinghill
Tillicoultry
Clackmannanshire
FK13 6BB





REGISTERED NUMBER: SC417672 (Scotland)





ACCOUNTANTS: James Bain & Co Ltd
16 Melville Terrace
Stirling
FK8 2NE

WILLIAM DUNCAN (ELECTRICIAN) LTD (REGISTERED NUMBER: SC417672)

ABRIDGED BALANCE SHEET
28TH FEBRUARY 2018

28/2/18 28/2/17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,258 30,915

CURRENT ASSETS
Stocks 21,902 8,671
Debtors 52,899 16,823
Cash at bank 3,154 5,106
77,955 30,600
CREDITORS
Amounts falling due within one year 82,701 21,813
NET CURRENT (LIABILITIES)/ASSETS (4,746 ) 8,787
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,512

39,702

CREDITORS
Amounts falling due after more than one year 23,530 35,387
NET (LIABILITIES)/ASSETS (5,018 ) 4,315

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (5,019 ) 4,314
(5,018 ) 4,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

WILLIAM DUNCAN (ELECTRICIAN) LTD (REGISTERED NUMBER: SC417672)

ABRIDGED BALANCE SHEET - continued
28TH FEBRUARY 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28th February 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 13th November 2018 and were signed by:





W Duncan - Director


WILLIAM DUNCAN (ELECTRICIAN) LTD (REGISTERED NUMBER: SC417672)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2018

1. STATUTORY INFORMATION

William Duncan (Electrician) Ltd is a private company, limited by shares , registered in Scotland. The company's registered
number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing
stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

WILLIAM DUNCAN (ELECTRICIAN) LTD (REGISTERED NUMBER: SC417672)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st March 2017
and 28th February 2018 48,698
DEPRECIATION
At 1st March 2017 17,783
Charge for year 7,657
At 28th February 2018 25,440
NET BOOK VALUE
At 28th February 2018 23,258
At 28th February 2017 30,915

WILLIAM DUNCAN (ELECTRICIAN) LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
WILLIAM DUNCAN (ELECTRICIAN) LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet.
Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the
Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28th February 2018 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






James Bain & Co Ltd
16 Melville Terrace
Stirling
FK8 2NE


13th November 2018