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REGISTERED NUMBER: SC246759 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2018

for

West End Electrical Limited

West End Electrical Limited (Registered number: SC246759)






Contents of the Financial Statements
for the Year Ended 31 March 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


West End Electrical Limited

Company Information
for the Year Ended 31 March 2018







DIRECTORS: Mr G Craib
Mrs A C Craib





SECRETARY: Mrs A C Craib





REGISTERED OFFICE: 24 Gladstone Place
Queens Cross
Aberdeen
AB10 6XA





REGISTERED NUMBER: SC246759 (Scotland)





ACCOUNTANTS: SBP
Accountants
42 Queens Road
Aberdeen
AB15 4YE

West End Electrical Limited (Registered number: SC246759)

Balance Sheet
31 March 2018

31.3.18 31.3.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,613 32,545

CURRENT ASSETS
Stocks 1,750 1,750
Debtors 5 187,073 217,870
Cash at bank 196,713 206,993
385,536 426,613
CREDITORS
Amounts falling due within one year 6 54,274 41,207
NET CURRENT ASSETS 331,262 385,406
TOTAL ASSETS LESS CURRENT
LIABILITIES

357,875

417,951

PROVISIONS FOR LIABILITIES 1,555 2,493
NET ASSETS 356,320 415,458

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 356,318 415,456
356,320 415,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

West End Electrical Limited (Registered number: SC246759)

Balance Sheet - continued
31 March 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.

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

The financial statements were approved by the Board of Directors on 24 October 2018 and were signed on its behalf by:




Mr G Craib - Director



Mrs A C Craib - Director


West End Electrical Limited (Registered number: SC246759)

Notes to the Financial Statements
for the Year Ended 31 March 2018

1. STATUTORY INFORMATION

West End Electrical Limited 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.

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.
Improvements to property - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

West End Electrical Limited (Registered number: SC246759)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2017 6,321 11,148 60,021 11,427 88,917
Additions - - - 1,008 1,008
At 31 March 2018 6,321 11,148 60,021 12,435 89,925
DEPRECIATION
At 1 April 2017 1,426 6,623 36,926 11,397 56,372
Charge for year 126 677 5,774 363 6,940
At 31 March 2018 1,552 7,300 42,700 11,760 63,312
NET BOOK VALUE
At 31 March 2018 4,769 3,848 17,321 675 26,613
At 31 March 2017 4,895 4,525 23,095 30 32,545

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade debtors 95,826 86,972
Other debtors 91,247 130,898
187,073 217,870

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.18 31.3.17
£    £   
Trade creditors 6,287 6,170
Taxation and social security 41,658 31,188
Other creditors 6,329 3,849
54,274 41,207

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2018 and
31 March 2017:

31.3.18 31.3.17
£    £   
Mr G Craib
Balance outstanding at start of year 44,955 64,955
Amounts repaid (20,000 ) (20,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,955 44,955

West End Electrical Limited (Registered number: SC246759)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2018

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs A C Craib
Balance outstanding at start of year 44,955 64,955
Amounts repaid (20,000 ) (20,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,955 44,955

The overdrawn directors' loan accounts were repaid in full on 24 July 2018.

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £80,000 (2017 - £50,000) were paid to the directors .

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the called up share capital.