Elastomer Engineering Limited - Limited company - abbreviated - 11.6
Elastomer Engineering Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 June 2015 |
| for |
| Elastomer Engineering Limited |
| Elastomer Engineering Limited (Registered number: 00880807) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Elastomer Engineering Limited |
| Company Information |
| for the Year Ended 30 June 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Elastomer Engineering Limited (Registered number: 00880807) |
| Abbreviated Balance Sheet |
| 30 June 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Elastomer Engineering Limited (Registered number: 00880807) |
| Abbreviated Balance Sheet - continued |
| 30 June 2015 |
| The financial statements were approved by the Board of Directors on by: |
| Elastomer Engineering Limited (Registered number: 00880807) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| 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 |
| Turnover represents net invoice value of goods provided, 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. |
| Motor vehicles | 25% on reducing balance |
| Plant and machinery | 20% on reducing balance |
| Fixtures and fittings | 25% on reducing balance |
| Tools | 10% on reducing balance |
| Moulds | 33.33% on reducing balance |
| Freehold property | 2% on cost |
| Stocks |
| Stocks and work in progress are stated at the lower of cost and net realisable value. Net realisable value is based |
| on estimated selling price, less further costs expected to be incurred to completion and disposal. Provision is |
| made for obsolete, slow moving or defective items as appropriate. |
| 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 on a straight line basis over the |
| period of the lease. |
| Pensions |
| The company operates a defined contribution pension scheme. Contributions payable for the year are charged in |
| the profit and loss account. |
| Intangible fixed assets |
| Patents, trademarks, licences and concessions are included at cost and amortised in equal annual instalments over |
| their estimated useful economic life. Provision is made for any impairment. |
| Going concern |
| The company's financial statements for the year ended 30 June 2015 have been prepared on a going concern |
| basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has |
| adequate resources to continue in operational existence for the foreseeable future. |
| Elastomer Engineering Limited (Registered number: 00880807) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| and 30 June 2015 |
| AMORTISATION |
| At 1 July 2014 |
| and 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2014 |
| Additions |
| At 30 June 2015 |
| DEPRECIATION |
| At 1 July 2014 |
| Charge for year |
| At 30 June 2015 |
| NET BOOK VALUE |
| At 30 June 2015 |
| At 30 June 2014 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |