Company Registration No. 00519465 (England and Wales)
ELECTRO POWER SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018
PAGES FOR FILING WITH REGISTRAR
ELECTRO POWER SERVICES LIMITED
COMPANY INFORMATION
Director
Mr R E Best
Company number
00519465
Registered office
Lynwood House
373-375 Station Road
Harrow, Middlesex
HA1 2AW
Accountants
RDP Newmans LLP
Lynwood House
373-375 Station Road
Harrow, Middlesex
HA1 2AW
ELECTRO POWER SERVICES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ELECTRO POWER SERVICES LIMITED
BALANCE SHEET
AS AT 31 JULY 2018
31 July 2018
- 1 -
2018
2017
Notes
£
£
£
£
Fixed assets
Tangible assets
2
99
99
Current assets
-
-
Creditors: amounts falling due within one year
3
(70,605)
(70,605)
Net current liabilities
(70,605)
(70,605)
Total assets less current liabilities
(70,506)
(70,506)
Capital and reserves
Called up share capital
4
3,000
3,000
Profit and loss reserves
(73,506)
(73,506)
Total equity
(70,506)
(70,506)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 July 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
T
he director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
T
he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and signed by the director and authorised for issue on 10 December 2018
Mr R E Best
Director
Company Registration No. 00519465
ELECTRO POWER SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2018
- 2 -
1
Accounting policies
Company information
Electro Power Services Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Lynwood House, 373-375 Station Road, Harrow, Middlesex, HA1 2AW.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The financial statements have been prepared on a going concern basis which assumes that the company
will continue in operational existence for the foreseeable future. The validity of this assumption depends on
the continued support of the company's director and creditors.
If the company was unable to continue in operational existence for the foreseeable future, adjustments
would have to be made to reduce the balance sheet values of assets to their recoverable amounts, to
provide for further liabilities that might arise and to reclassify fixed assets as current assets.
1.2
Profit and loss account
The company has not traded during the year or the preceding financial
period
. During
this time
the company received no income and incurred no expenditure and therefore no Profit and loss account is presented
in these financial statements.
1.3
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
No depreciation has been provided during the year.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and
is credited or charged to profit or loss
.
ELECTRO POWER SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2018
- 3 -
2
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2017 and 31 July 2018
11,470
Depreciation and impairment
At 1 August 2017 and 31 July 2018
11,371
Carrying amount
At 31 July 2018
99
At 31 July 2017
99
3
Creditors: amounts falling due within one year
2018
2017
£
£
Other creditors
70,605
70,605
4
Called up share capital
2018
2017
£
£
Ordinary share capital
Issued and fully paid
3,000 Ordinary shares of £1 each
3,000
3,000
3,000
3,000