Compressor Engineering Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01263078 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

COMPRESSOR ENGINEERING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K G Prince

REGISTERED OFFICE:

Swallowdale Lane

Hemel Hempstead

Hertfordshire

HP2 7HA

REGISTERED NUMBER:

01263078 (England and Wales)

ACCOUNTANTS:

DNG Dove Naish LLP

Chartered Accountants

Eagle House

28 Billing Road

Northampton

NN1 5AJ

BANKERS:

National Westminster Bank Plc

40 Market Street

Wellingborough

Northants

CURRENT ASSETS

Debtors

3

656,869

656,869

TOTAL ASSETS LESS CURRENT LIABILITIES

656,869

656,869

CAPITAL AND RESERVES

Called up share capital

4

50

50

Retained earnings

656,819

656,819

SHAREHOLDERS' FUNDS

656,869

656,869

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 8 April 2020 and were signed by:

K G Prince - Director

1.	STATUTORY INFORMATION

Compressor Engineering Company Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be found on

the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The preparation of financial statements requires the use of certain critical accounting estimates. It also

requires management to exercise its judgement in the process of applying the company accounting

policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions

and estimates are significant to the financial statements are disclosed within the individual accounting

policies .

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

656,869

656,869

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

£

£

50

Ordinary

£1

50

50

5.	RELATED PARTY DISCLOSURES

The company's ultimate holding company and largest group of undertakings for which group financial

statements have been prepared is Atlas Copco AB, a company incorporated in Sweden. The

immediate holding company is Atlas Copco Limited , a company incorporated in the United Kingdom.