Nu-Weld Engineering Services Limited - Limited company - abbreviated - 11.6

Nu-Weld Engineering Services Limited - Limited company - abbreviated - 11.6

NU-WELD ENGINEERING SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 03072832 (England and Wales)















NU-WELD ENGINEERING SERVICES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2014






NU-WELD ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03072832)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014










Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

NU-WELD ENGINEERING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2014







DIRECTORS: Mr. R.M. Shimwell
Mr. S.P. Adams
Mr. J.R. Shimwell



SECRETARY: Mr. R.M. Shimwell



REGISTERED OFFICE: Hereward Rise
Halesowen
West Midlands
B62 8AN



REGISTERED NUMBER: 03072832 (England and Wales)



ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



BANKERS: National Westminster Bank Plc
4 High Street
Solihull
West Midlands
B91 3WL
Page 1
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
NU-WELD ENGINEERING SERVICES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Nu-Weld Engineering Services Limited for the year ended 30 September 2014 which comprise
the Profit and Loss Account, the Balance Sheet and the related notes 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 icaew.com/membershandbook.

This report is made solely to the Board of Directors of Nu-Weld Engineering Services Limited, as a body, in accordance
with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial
statements of Nu-Weld Engineering Services Limited and state those matters that we have agreed to state to the Board of
Directors of Nu-Weld Engineering Services Limited, as a body, in this report in accordance with AAF 2/10 as detailed at
icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nu-Weld Engineering Services 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 Nu-Weld Engineering Services Limited. You consider that Nu-Weld Engineering Services 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 Nu-Weld Engineering
Services 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.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


20 March 2015

This page does not form part of the abbreviated accounts

Page 2
NU-WELD ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03072832)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 112,980 126,007

CURRENT ASSETS
Stocks 151,445 126,695
Debtors 407,823 489,218
Cash at bank and in hand 487,610 436,211
1,046,878 1,052,124
CREDITORS
Amounts falling due within one year 255,945 289,079
NET CURRENT ASSETS 790,933 763,045
TOTAL ASSETS LESS CURRENT
LIABILITIES
903,913
889,052

PROVISIONS FOR LIABILITIES 18,817 20,627
NET ASSETS 885,096 868,425

CAPITAL AND RESERVES
Called up share capital 3 104 104
Profit and loss account 884,992 868,321
SHAREHOLDERS' FUNDS 885,096 868,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

Page 3 continued...
NU-WELD ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03072832)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2014


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 20 March 2015 and were signed on its behalf by:





Mr. R.M. Shimwell - Director


The notes form part of these abbreviated accounts

Page 4
NU-WELD ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03072832)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a
small company.

Turnover
Turnover represents sales of goods and services net of credit notes, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account over the period to which they
relate.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Page 5 continued...
NU-WELD ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03072832)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2014


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2013 376,316
Additions 16,441
At 30 September 2014 392,757
DEPRECIATION
At 1 October 2013 250,309
Charge for year 29,468
At 30 September 2014 279,777
NET BOOK VALUE
At 30 September 2014 112,980
At 30 September 2013 126,007

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary A £1 100 100
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
1 Ordinary D £1 1 1
1 Ordinary E £1 1 1
104 104

Page 6