Abbreviated Company Accounts - BEATTIE ENGINEERING LIMITED

BEATTIE ENGINEERING LIMITED - Company Information

Registered Number SC423124

BEATTIE ENGINEERING LIMITED

Abbreviated Accounts

31 March 2015

BEATTIE ENGINEERING LIMITED Registered Number SC423124

Abbreviated Balance Sheet as at 31 March 2015

	2015	2014
	£	£
Current assets
Debtors	8,354	10,920
Cash at bank and in hand	20,254	15,365
	28,608	26,285
Creditors: amounts falling due within one year	(21,736)	(20,999)
Net current assets (liabilities)	6,872	5,286
Total assets less current liabilities	6,872	5,286
Total net assets (liabilities)	6,872	5,286
Capital and reserves
Called up share capital	2	2
Profit and loss account	6,870	5,284
Shareholders' funds	6,872	5,286

For the year ending 31 March 2015 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.

Approved by the Board on 29 December 2015

And signed on their behalf by:
Scott Beattie, Director

BEATTIE ENGINEERING LIMITED Registered Number SC423124

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Valuation information and policy
Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.