T & M Engineering Limited
|
Registered number: |
03925845
|
Abbreviated Balance Sheet |
as at 29 February 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
5,048 |
|
|
6,732 |
|
Current assets |
Stocks |
|
|
17,245 |
|
|
17,571 |
Debtors |
|
|
43,779 |
|
|
51,538 |
Cash at bank and in hand |
|
|
3,820 |
|
|
16,677 |
|
|
|
64,844 |
|
|
85,786 |
|
Creditors: amounts falling due within one year |
|
|
(46,416) |
|
|
(46,769) |
|
Net current assets |
|
|
|
18,428 |
|
|
39,017 |
|
Net assets |
|
|
|
23,476 |
|
|
45,749 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
Profit and loss account |
|
|
|
22,476 |
|
|
44,749 |
|
Shareholders' funds |
|
|
|
23,476 |
|
|
45,749 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
P J Kendrick |
Director |
Approved by the board on 17 November 2016
|
|
T & M Engineering Limited
|
Notes to the Abbreviated Accounts |
for the year ended 29 February 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
|
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance
|
|
Fixtures and fittings |
25% reducing balance
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2015 |
55,685 |
|
At 29 February 2016 |
55,685 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2015 |
48,953 |
|
Charge for the year |
1,684 |
|
At 29 February 2016 |
50,637 |
|
|
|
|
|
|
|
|
Net book value |
|
At 29 February 2016 |
5,048 |
|
At 28 February 2015 |
6,732 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|