ACCOUNTS - Final Accounts

PURDY ENGINEERING LIMITED - Company Information

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Registered number: 00999424

PURDY ENGINEERING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2020

PURDY ENGINEERING LIMITED

REGISTERED NUMBER: 00999424

BALANCE SHEET

AS AT 31 MARCH 2020

		2020		2019
Note		£		£

Fixed assets
Investments	4		168,168		168,168
Current assets
Cash at bank and in hand		11,835		6,335
Creditors: amounts falling due within one year	5	(158,065)		(67,672)
Net current liabilities			(146,230)		(61,337)

Net assets			21,938		106,831

Capital and reserves
Called up share capital	1,250	1,250
Profit and loss account	20,688	105,581
	21,938	106,831

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 July 2020.

R C Purdy

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

PURDY ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

1.	General information

Purdy Engineering Limited is a company limited by shares, (registered number: 00999424) incorporated in England and Wales. Its registered office is Barton House, Whittingham, Alnwick, Northumberland NE66 4RS. The principal activity of the Company contined to be that of the provsion of management and consultancy services.
The company's functional and presentation currency is pounds sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

2.3

Financial instruments

The company has basic financial instruments only. Debtors and cash balances are initially recognised at transaction price and are subsequently carried at amortised cost, subject to any provision for impairment. Creditors are initially recognised at transaction price and susequently measured at the amounts expected to be required to settle the transaction.

Employees

The average monthly number of employees, including directors, during the year was 4 (2019 - 4).

Page 2

PURDY ENGINEERING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

4.	Fixed asset investments

		Investments in associates
		£
	Cost or valuation
	At 1 April 2019	228,468
	At 31 March 2020	228,468
	Impairment
	At 1 April 2019	60,300
	At 31 March 2020	60,300
	Net book value
	At 31 March 2020	168,168
	At 31 March 2019	168,168

5.	Creditors: Amounts falling due within one year
		2020	2019
		£	£

	Other creditors	158,065	67,672

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