PW AEROTECH LIMITED Accounts filed on 31-08-2014

PW AEROTECH LIMITED Accounts filed on 31-08-2014

PW AEROTECH LIMITED - Company Information

Print Friendly Version

false true true true 2013-10-25 2014-08-31 2014-08-31 true 08748132 2013-10-25 2014-08-31 08748132 2014-08-31 08748132 2013-10-24 08748132 uk-bus:Director1 2013-10-25 2014-08-31 08748132 uk-bus:Director1 2013-10-25 08748132 uk-bus:Director1 2014-08-31 08748132 uk-bus:CompanySecretary 2013-10-25 2014-08-31 08748132 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-10-25 2014-08-31 08748132 uk-gaap:LeasedTangibleFixedAssets 2013-10-25 2014-08-31 08748132 uk-gaap:NetGoodwill 2013-10-25 2014-08-31 08748132 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-10-25 2014-08-31 08748132 uk-bus:AllEntityOfficers 2013-10-25 2014-08-31 08748132 uk-bus:AllOrdinaryShares 2013-10-25 2014-08-31 08748132 uk-bus:AllOrdinaryShares 2014-08-31 08748132 uk-bus:AllOrdinaryShares 2013-10-24 08748132 uk-bus:AllPreferenceShares 2013-10-25 2014-08-31 08748132 uk-bus:AllPreferenceShares 2014-08-31 08748132 uk-bus:AllPreferenceShares 2013-10-24 08748132 uk-gaap:NetGoodwill 2014-08-31 08748132 uk-gaap:NetGoodwill 2013-10-24 08748132 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-08-31 08748132 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-10-24 08748132 uk-gaap:LandBuildings 2014-08-31 08748132 uk-gaap:LandBuildings 2013-10-25 2014-08-31 08748132 uk-gaap:LandBuildings 2013-10-24 08748132 uk-gaap:PlantMachinery 2014-08-31 08748132 uk-gaap:PlantMachinery 2013-10-25 2014-08-31 08748132 uk-gaap:PlantMachinery 2013-10-24 08748132 uk-gaap:FixturesFittings 2014-08-31 08748132 uk-gaap:FixturesFittings 2013-10-25 2014-08-31 08748132 uk-gaap:FixturesFittings 2013-10-24 08748132 uk-gaap:MotorVehicles 2014-08-31 08748132 uk-gaap:MotorVehicles 2013-10-25 2014-08-31 08748132 uk-gaap:MotorVehicles 2013-10-24 08748132 uk-gaap:OfficeEquipment 2014-08-31 08748132 uk-gaap:OfficeEquipment 2013-10-25 2014-08-31 08748132 uk-gaap:OfficeEquipment 2013-10-24 08748132 uk-bus:RegisteredOffice 2013-10-25 2014-08-31 08748132 uk-gaap:WithinOneYear 2014-08-31 08748132 uk-gaap:WithinOneYear 2013-10-24 08748132 uk-gaap:AfterOneYear 2014-08-31 08748132 uk-gaap:AfterOneYear 2013-10-24 08748132 uk-gaap:BetweenOneFiveYears 2014-08-31 08748132 uk-gaap:BetweenOneFiveYears 2013-10-24 08748132 uk-gaap:MoreThanFiveYears 2014-08-31 08748132 uk-gaap:MoreThanFiveYears 2013-10-24 iso4217:GBP xbrli:pure xbrli:shares

PW AEROTECH LIMITED




Company Registration Number:
08748132 (England and Wales)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 25th October 2013

End date: 31st August 2014

SUBMITTED

PW AEROTECH LIMITED

Company Information
for the Period Ended 31st August 2014




Director: Philip Wallace
Registered office: 2 The Precinct
Rest Bay
Porthcawl
Mid Glamorgan
CF36 3RF
Company Registration Number: 08748132 (England and Wales)

PW AEROTECH LIMITED

Directors' Report Period Ended 31st August 2014

The directors present their report with the financial statements of the company for the period ended 31st August 2014

Principal activities
The principal activity of the company in the period under review was:
Engineering

Directors
The directors shown below have held office during the whole of the period from
25th October 2013 to 31st August 2014
Philip Wallace

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 13 May 2015
And Signed On Behalf Of The Board By:

Name: Philip Wallace
Status: Director

PW AEROTECH LIMITED

Profit and Loss Account

for the Period Ended 31st August 2014

Notes 2014
£
£
Turnover: 51,168 -
Gross profit or (loss): 51,168 -
Administrative expenses: , 21,227 -
Operating profit or (loss): 29,941 -
Profit or (loss) on ordinary activities before taxation: 29,941 -
Tax on profit or (loss) on ordinary activities: 3,688 -
Profit or (loss) for the financial year: 26,253 -

The notes form part of these financial statements

PW AEROTECH LIMITED

Statement of total recognised gains and losses
31st August 2014

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

The notes form part of these financial statements

PW AEROTECH LIMITED

Balance sheet
As at 31st August 2014

Notes 2014
£
£
Fixed assets
Tangible assets: 2 12,394 -
Total fixed assets: 12,394 -
Current assets
Debtors: 6,405 -
Cash at bank and in hand: 18,381 -
Total current assets: 24,786 -
Creditors: amounts falling due within one year 36,827 -
Net current assets (liabilities): ( 12,041 ) -
Total assets less current liabilities: 353 -
Total net assets (liabilities): 353 -

The notes form part of these financial statements

PW AEROTECH LIMITED

Balance sheet
As at 31st August 2014
continued

Notes 2014
£
£
Capital and reserves
Called up share capital: 3 100 -
Profit and Loss account: 4 253 0
Total shareholders funds: 353 -

For the year ending 31 August 2014 the company was entitled to exemption 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 directors acknowledge their 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 Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 13 May 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: Philip Wallace
Status: Director

The notes form part of these financial statements

PW AEROTECH LIMITED

Notes to the Financial Statements
for the Period Ended 31st August 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    1. Accounting Policies (a) The accounts have been prepared under the Historical Cost Convention. The principal policies which the directors have adopted within that convention are set out below. (b) Depreciation is provided on tangible fixed assets each year in order to write their value down over their estimated lives. The rates that apply are as follows: Computer equipment 40% Plant and equipment 15% (c) The charge for taxation is based on the profit for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for accounting and taxation purposes. Provision for deferred taxation is made under the liability method only to the extent that it is probable that the liability will become payable in the foreseeable future. (d) Turnover is stated as invoices issued, net of value added tax payable.

PW AEROTECH LIMITED

Notes to the Financial Statements
for the Period Ended 31st August 2014

  • 2. Tangible assets

    Land and buildings Plant Machinery Fixtures and fittings Office Equipment Motor vehicles Total
    Cost £ £ £ £ £ £
    Additions: - 13,879 - 995 - 14,874
    At 31st August 2014: - 13,879 - 995 - 14,874
    Depreciation
    Charge for year: - 2,082 - 398 - 2,480
    At 31st August 2014: - 2,082 - 398 - 2,480
    Net book value
    At 31st August 2014: - 11,797 - 597 - 12,394

PW AEROTECH LIMITED

Notes to the Financial Statements
for the Period Ended 31st August 2014

  • 3. Called up share capital

    Allotted, called up and paid

    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1.00
    1.00
    		100
    Total share capital: 100

PW AEROTECH LIMITED

Notes to the Financial Statements
for the Period Ended 31st August 2014

  • 4. Profit and loss account

    2014
    £ £
    Opening balance: 0 -
    Profit or (loss) for the period: 26,253 -
    Equity dividends paid: 26,000 -
    Retained profit: 253 0