Abbreviated Company Accounts - UPE ENGINEERING LIMITED

UPE ENGINEERING LIMITED - Company Information

04136132 UPE ENGINEERING LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 04136132 2014-09-01 2015-08-31 04136132 2015-08-31 04136132 2014-08-31 04136132 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 04136132 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-08-31 iso4217:GBP shares

Registered Number 04136132

UPE ENGINEERING LIMITED

Abbreviated Accounts

31 August 2015

UPE ENGINEERING LIMITED Registered Number 04136132

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2,582,731	2,192,049
Investments	3	75,608	51,855
		2,658,339	2,243,904
Current assets
Stocks		282,814	273,865
Debtors		687,184	727,068
Cash at bank and in hand		397,205	236,966
		1,367,203	1,237,899
Creditors: amounts falling due within one year		(838,875)	(738,267)
Net current assets (liabilities)		528,328	499,632
Total assets less current liabilities		3,186,667	2,743,536
Creditors: amounts falling due after more than one year		(941,306)	(742,707)
Provisions for liabilities		(236,900)	(178,050)
Total net assets (liabilities)		2,008,461	1,822,779
Capital and reserves
Called up share capital	4	2,000	2,000
Profit and loss account		2,006,461	1,820,779
Shareholders' funds		2,008,461	1,822,779

For the year ending 31 August 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 22 April 2016

And signed on their behalf by:
Mr J Beardwell, Director
Mrs S Ephgrave, Director

UPE ENGINEERING LIMITED Registered Number 04136132

Notes to the Abbreviated Accounts for the period ended 31 August 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
Turnover represents amounts receivable for precision engineering goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Land & Buildings Freehold - 2% Straight Line Basis
Plant & Machinery - 10-20% Straight Line Basis
Fixtures, Fittings & Equipment - 20-25% Reducing Balance Method
Motor Vehicles - 25% Straight Line Basis

2Tangible fixed assets

	£
Cost
At 1 September 2014	3,569,923
Additions	639,735
Disposals	(165,223)
Revaluations	-
Transfers	-
At 31 August 2015	4,044,435
Depreciation
At 1 September 2014	1,377,874
Charge for the year	249,053
On disposals	(165,223)
At 31 August 2015	1,461,704
Net book values
At 31 August 2015	2,582,731
At 31 August 2014	2,192,049

3Fixed assets Investments
Fixed asset investments are stated at cost less provision for diminution in value.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,200 A Ordinary shares of £1 each	1,200	1,200
800 B Ordinary shares of £1 each	800	800