Company Registration No. 06026384 (England and Wales)
BRIAN DAWSON ENGINEERING SERVICES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
BRIAN DAWSON ENGINEERING SERVICES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BRIAN DAWSON ENGINEERING SERVICES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
16,391
8,299
Current assets
Debtors
61,780
96,430
Cash at bank and in hand
227,787
153,011
289,567
249,441
Creditors: amounts falling due within one year
(259,214)
(232,970)
Net current assets
30,353
16,471
Total assets less current liabilities
46,744
24,770
Provisions for liabilities
(2,908)
(1,208)
43,836
23,562
Capital and reserves
Called up share capital
3
1,000
1,000
Profit and loss account
42,836
22,562
Shareholders' funds
43,836
23,562
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 27 September 2016
Mr B Dawson
Director
Company Registration No. 06026384
BRIAN DAWSON ENGINEERING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
15% Reducing balance
Fixtures, fittings & equipment
15& Reducing balance
Motor vehicles
25% Reducing balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 January 2015
35,000
24,728
59,728
Additions
-
12,450
12,450
At 31 December 2015
35,000
37,178
72,178
Depreciation
At 1 January 2015
35,000
16,430
51,430
Charge for the year
-
4,357
4,357
At 31 December 2015
35,000
20,787
55,787
Net book value
At 31 December 2015
-
16,391
16,391
At 31 December 2014
-
8,299
8,299
BRIAN DAWSON ENGINEERING SERVICES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary A of £1 each
1,000
1,000