TECOMAK_ENVIRONMENTAL_SER - Accounts

TECOMAK ENVIRONMENTAL SERVICES LIMITED - Company Information

Print Friendly Version

Company Registration No. 03083222 (England and Wales)

TECOMAK ENVIRONMENTAL SERVICES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

TECOMAK ENVIRONMENTAL SERVICES LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

TECOMAK ENVIRONMENTAL SERVICES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

87,301

80,605

Current assets

Stocks

2,588

953

Debtors

672,957

638,507

675,545

639,460

Creditors: amounts falling due within one year

(309,892)

(268,835)

Net current assets

365,653

370,625

Total assets less current liabilities

452,954

451,230

Provisions for liabilities

(17,460)

(16,121)

435,494

435,109

Capital and reserves

Called up share capital

150

Profit and loss account

435,344

434,959

Shareholders' funds

435,494

435,109

For the financial year ended 30 April 2015 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 financial statements for the year in question in accordance with section 476;

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

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 30 November 2015

Mr Peter Black

Mr Ross Black

Director

Company Registration No. 03083222

TECOMAK ENVIRONMENTAL SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

15% Reducing balance method

Fixtures, fittings & equipment

25% Reducing balance method

Motor vehicles

25% Reducing balance method

Fixed assets

Tangible assets

Cost

At 1 May 2014

250,362

Additions

33,525

Disposals

(23,036)

At 30 April 2015

260,851

Depreciation

At 1 May 2014

170,457

On disposals

(18,319)

Charge for the year

21,412

At 30 April 2015

173,550

Net book value

At 30 April 2015

87,301

At 30 April 2014

80,605

TECOMAK ENVIRONMENTAL SERVICES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100

50 Preference of £1 each

150

Ultimate parent company

The immediate contolling party is Penvirad Limited, a company incorporated in England, by virtue of its majority shareholding. Mr P & Mrs A Black are the ultimate controlling party by virtue of their 100% shareholding in Penvirad Limited.