Company Registration No. 08035816 (England and Wales)
EICA ENGINEERING LTD
Annual report and unaudited accounts
for the year ended 30 April 2016
EICA ENGINEERING LTD
Annual report and unaudited accounts
Contents
EICA ENGINEERING LTD
Company Information
for the year ended 30 April 2016
Director
Christopher James Bailey
Company Number
08035816 (England and Wales)
Registered Office
12 Barber Street
Padfield
Glossop
Derbyshire
SK13 1EG
Accountants
Aidhan Accountancy
Sutherland House
3 Lloyds Avenue
London
EC3N 3DS
EICA ENGINEERING LTD
Statement of financial position
as at
30 April 2016
Tangible assets
1,707
1,571
Cash at bank and in hand
20,465
2,135
Creditors: amounts falling due within one year
(43,178)
(16,213)
Net current assets
28,791
12,705
Called up share capital
1
1
Profit and loss account
30,497
14,275
Shareholders' funds
30,498
14,276
For the year ending 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 11 January 2017.
Christopher James Bailey
Director
Company Registration No. 08035816
EICA ENGINEERING LTD
Statement of Changes in Equity
as at
30 April 2016
Share
capital
Profit
& loss
account
Total
At 1 May 2014
1
4,873
4,874
Profit for the year
47,752
47,752
Dividends
(38,350)
(38,350)
At 30 April 2015
1
14,275
14,276
At 1 May 2015
1
14,275
14,276
Profit for the year
50,837
50,837
Dividends
(34,615)
(34,615)
At 30 April 2016
1
30,497
30,498
EICA ENGINEERING LTD
Notes to the Accounts
for the year ended 30 April 2016
EICA ENGINEERING LTD is a private company, limited by shares, registered in England and Wales, registration number 08035816. The registered office and principal place of business is 12 Barber Street , Padfield , Glossop , Derbyshire , SK13 1EG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 April 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue earned during the period with an adjustment for the Flat rate VAT.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on cost using the straight line method.
Motor vehicles
33.33% on cost using the straight line method.
EICA ENGINEERING LTD
Notes to the Accounts
for the year ended 30 April 2016
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2015
1,620
745
2,365
At 30 April 2016
2,736
745
3,481
Charge for the year
732
248
980
At 30 April 2016
1,505
269
1,774
At 30 April 2016
1,231
476
1,707
At 30 April 2015
847
724
1,571
Trade debtors
36,314
11,593
Other debtors
15,190
15,190
6
Creditors: amounts falling due within one year
2016
2015
Trade creditors
13,102
4,779
Corporation tax
24,701
11,784
Other taxes and social security costs
5,318
(949)
7
Share capital
2016
2015
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2015: 1).