Henderson Engineers Limited Small abbreviated accounts

Henderson Engineers Limited Small abbreviated accounts

HENDERSON ENGINEERS LIMITED - Company Information

Print Friendly Version

FY Private Limited Company Company accounts 2015-06-15 2015-06-15 2015-06-11 false true false false false false false false false false false false true true 2013-10-01 true xbrli:pure xbrli:shares iso4217:GBP SC406598 2013-10-01 2014-09-30 SC406598 2014-09-30 SC406598 2013-09-30 SC406598 2012-10-01 2013-09-30 SC406598 2013-09-30 SC406598 uk-gaap:PlantMachinery 2013-10-01 2014-09-30 SC406598 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2013-10-01 2014-09-30 SC406598 uk-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 SC406598 uk-gaap:AllSubsidiaries 2013-10-01 2014-09-30 SC406598 uk-bus:OrdinaryShareClass1 2014-09-30 SC406598 uk-bus:OrdinaryShareClass1 2013-09-30 SC406598 uk-bus:Director1 2013-10-01 2014-09-30 SC406598 uk-lang:English 2013-10-01 2014-09-30 SC406598 uk-curr:PoundSterling 2013-10-01 2014-09-30
COMPANY REGISTRATION NUMBER SC406598
HENDERSON ENGINEERS LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
30 September 2014
ATKINSON & CO LIMITED
Chartered Accountants
Victoria House
87 High Street
Tillicoultry
Clackmannanshire
FK13 6AA
HENDERSON ENGINEERS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTORS OF HENDERSON
ENGINEERS LIMITED
YEAR ENDED 30 SEPTEMBER 2014
In accordance with our terms of engagement, and in order to assist you to fulfil your duties under the Companies Act 2006, we have prepared the financial statements of the company on pages 2 to 5 from the accounting records and information and explanations supplied to us.
This report is made to the Company's Directors, as a body, in accordance with the terms of our engagement. Our work has been undertaken to enable us to prepare the financial statements on behalf of the Company's Directors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's Directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with best practice guidance issued by the Institute of Chartered Accountants of Scotland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the preparation of financial statements.
You have acknowledged on the balance sheet as at 30 September 2014 your duty to ensure that the company has kept adequate accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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 financial statements.
ATKINSON & CO LIMITED Chartered Accountants
Victoria House 87 High Street Tillicoultry Clackmannanshire FK13 6AA
11 June 2015
HENDERSON ENGINEERS LIMITED
ABBREVIATED BALANCE SHEET
30 September 2014
2014
2013
Note
£
£
FIXED ASSETS
2
Tangible assets
30,000
45,000
---------
---------
30,000
45,000
---------
---------
CURRENT ASSETS
Stocks
2,163
-
Debtors
6,172
720
Cash at bank and in hand
2,084
80
---------
----
10,419
800
CREDITORS: Amounts falling due within one year
55,463
56,687
---------
---------
NET CURRENT LIABILITIES
( 45,044)
( 55,887)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 15,044)
( 10,887)
PROVISIONS FOR LIABILITIES
6,000
9,000
---------
---------
( 21,044)
( 19,887)
---------
---------
CAPITAL AND RESERVES
Called-up equity share capital
3
100
100
Profit and loss account
( 21,144)
( 19,987)
---------
---------
DEFICIT
( 21,044)
( 19,887)
---------
---------
For the year ended 30 September 2014 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 accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved by the directors and authorised for issue on 11 June 2015 , and are signed on their behalf by:
Mr Colin Henderson
Director
HENDERSON ENGINEERS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30 SEPTEMBER 2014
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & Machinery - 25% per annum straight line method
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax, with the following exceptions:
Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold.
Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
2. FIXED ASSETS
Tangible Assets
£
COST
At 1 October 2013 and 30 September 2014
60,000
---------
DEPRECIATION
At 1 October 2013
15,000
Charge for year
15,000
---------
At 30 September 2014
30,000
---------
NET BOOK VALUE
At 30 September 2014
30,000
---------
At 30 September 2013
45,000
---------
3. SHARE CAPITAL
Allotted, called up and fully paid:
2014
2013
No
£
No
£
Ordinary shares of £ 1 each
100
100
100
100
----
----
----
----
100
100
100
100
----
----
----
----