Company Registration Number 4126431 (England and Wales)
INDUSTRIAL FURNACES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2016
INDUSTRIAL FURNACES LIMITED
COMPANY INFORMATION
Director
Mr K J C MacMaster
Secretary
Mrs D C MacMaster
Company number
4126431
Registered office
Insetton House
Dordale Green
Belbroughton
Stourbridge
West Midlands
DY9 0BA
Accountants
CK Accounting Services
No.4 Castle Court 2
Castlegate Way
Dudley
West Midlands
DY1 4RH
Business address
Insetton House
Dordale Green
Belbroughton
Stourbridge
West Midlands
DY9 0BA
INDUSTRIAL FURNACES LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet
3
INDUSTRIAL FURNACES LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INDUSTRIAL FURNACES LIMITED FOR THE YEAR ENDED 31 DECEMBER 2016
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Industrial Furnaces Limited for the year ended 31 December 2016 which comprise the Profit and Loss Account and the Balance Sheet from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/
This report is made solely to the
b
oard of
d
irectors of Industrial Furnaces Limited, as a body, in accordance with the terms of our engagement letter dated 6 September 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Industrial Furnaces Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of Industrial Furnaces Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Industrial Furnaces Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that Industrial Furnaces Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets,
liabilities, financial position and profit of Industrial Furnaces Limited. You consider that Industrial Furnaces Limited is exempt from the statutory audit
requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Industrial Furnaces Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
CK Accounting Services
7 September 2017
Chartered Accountants
No.4 Castle Court 2
Castlegate Way
Dudley
West Midlands
DY1 4RH
INDUSTRIAL FURNACES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2016
- 2 -
2016
2015
as restated
£
£
Turnover
44,997
14,128
Other income
-
10
Cost of raw materials and consumables
(8,142)
(3,754)
Staff costs
(8,419)
(2,491)
Depreciation and other amounts written off assets
(81)
(102)
Other charges
(10,929)
(11,325)
Tax
(2,815)
-
Profit/(loss)
14,611
(3,534)
INDUSTRIAL FURNACES LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2016
31 December 2016
- 3 -
2016
2015
as restated
£
£
£
£
Fixed assets
-
81
Current assets
34,650
5,010
Creditors: amounts falling due within one year
(18,636)
(88)
Net current assets
16,014
4,922
Total assets less current liabilities
16,014
5,003
Net assets
16,014
5,003
Capital and reserves
16,014
5,003
Industrial Furnaces Limited is a private company limited by shares incorporated in England and Wales. The registered office is Insetton House, Dordale Green, Belbroughton, Stourbridge, West Midlands, DY9 0BA.
For the year ended 31 December 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
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.
The 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 in accordance with the micro-entity provisions and in accordance with FRS 105
'
The Financial Reporting Standard applicable to the Micro-entities Regime
'.
The financial statements were approved and signed by the director and authorised for issue on 7 September 2017
Mr K J C MacMaster
Director
Company Registration Number 4126431