P O Engineering Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06914085 (England and Wales)

P O ENGINEERING LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P A Ormandy

REGISTERED OFFICE:

76 Manchester Road

Denton

Manchester

M34 3PS

REGISTERED NUMBER:

06914085 (England and Wales)

ACCOUNTANTS:

Usher Spiby & Co

76 Manchester Road

Denton

Manchester

M34 3PS

FIXED ASSETS

Tangible assets

2

531

1,056

Investments

3

24,935

-

25,466

1,056

CURRENT ASSETS

Debtors

8,352

10,629

Cash at bank

79,589

87,127

87,941

97,756

CREDITORS

Amounts falling due within one year

24,195

27,746

NET CURRENT ASSETS

63,746

70,010

TOTAL ASSETS LESS CURRENT
LIABILITIES

89,212

71,066

PROVISIONS FOR LIABILITIES

106

211

NET ASSETS

89,106

70,855

CAPITAL AND RESERVES

Called up share capital

4

20

Profit and loss account

89,086

70,835

SHAREHOLDERS' FUNDS

89,106

70,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 February 2016 and were signed by:

P A Ormandy - Director

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 invoiced sales of services, 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.

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

1,926

DEPRECIATION

At 1 June 2014

870

Charge for year

525

At 31 May 2015

1,395

NET BOOK VALUE

At 31 May 2015

531

At 31 May 2014

1,056

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

25,062

Disposals

(127

)

At 31 May 2015

24,935

NET BOOK VALUE

At 31 May 2015

24,935

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

10

Ordinary

£1

10

B Ordinary

£1

10

20

P O Engineering Ltd - Limited company - abbreviated - 11.9

P O Engineering Ltd - Limited company - abbreviated - 11.9