Accounts filed on 30-09-2015

Accounts filed on 30-09-2015

SPW MECHANICAL ENGINEERS LIMITED - Company Information

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SPW MECHANICAL ENGINEERS LIMITED

Company Registration Number:
06550422 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 October 2014

End date: 30 September 2015

SPW MECHANICAL ENGINEERS LIMITED

Abbreviated Balance sheet

As at 30 September 2015


Notes
2015
£		 17 months to
30 Sep 2014
£
Fixed assets
Tangible assets: 2 1,920 2,400
Total fixed assets: 1,920 2,400
Current assets
Debtors: 3 76,968 53,566
Cash at bank and in hand: 4,708 731
Total current assets: 81,676 54,297
Creditors: amounts falling due within one year: 4 ( 83,734 ) ( 54,972 )
Net current assets (liabilities): ( 2,058 ) ( 675 )
Total assets less current liabilities: ( 138 ) 1,725
Provision for liabilities: ( 345 ) ( 345 )
Total net assets (liabilities): ( 483 ) 1,380

The notes form part of these financial statements

SPW MECHANICAL ENGINEERS LIMITED

Balance sheet continued

As at 30 September 2015


Notes
2015
£		 17 months to
30 Sep 2014
£
Capital and reserves
Called up share capital: 5 1 1
Profit and loss account: ( 484 ) 1,379
Shareholders funds: ( 483 ) 1,380

For the year ending 30 September 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.

The financial statements were approved by the Board of Directors on 27 June 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: B E Gnyla
Status: Director

The notes form part of these financial statements

SPW MECHANICAL ENGINEERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2015

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period exclusive of VAT
    Long-term and ongoing contracts: turnover represents the value of work done including estimates of amounts not yet invoiced and is recognised by reference to the stage of completion.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
    Motor vehicles
    20% Reducing balance

SPW MECHANICAL ENGINEERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2015

  • 2. Tangible assets

    Total
    Cost £
    01 October 2014: 3,000
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 September 2015: 3,000
    Depreciation
    01 October 2014: 600
    Charge for year: 480
    On disposals: 0
    Other adjustments: 0
    30 September 2015: 1,080
    Net book value
    30 September 2015: 1,920
    30 September 2014: 2,400

SPW MECHANICAL ENGINEERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2015

  • 3. Debtors


    2015
    £    		 17 months to
    30 Sep 2014
    £
    Trade debtors: 63,548 40,660
    Prepayments and accrued income: 13,287 12,773
    Other debtors: 133 133
    Total: 76,968 53,566

SPW MECHANICAL ENGINEERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2015

  • 4. Creditors: amounts falling due within one year


    2015
    £    		 17 months to
    30 Sep 2014
    £
    Trade creditors: 50,462 40,157
    Taxation and social security: 33,272 14,815
    Total: 83,734 54,972

SPW MECHANICAL ENGINEERS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 September 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period 17 months to
    30 Sep 2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 1 1.00 1
    Preference shares: 0
    Total share capital (£): 1