Abbreviated Company Accounts - FRIESLAND ENGINEERS LIMITED

FRIESLAND ENGINEERS LIMITED - Company Information

Registered Number 01564305

FRIESLAND ENGINEERS LIMITED

Abbreviated Accounts

30 September 2015

FRIESLAND ENGINEERS LIMITED Registered Number 01564305

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	21,792	24,531
		21,792	24,531
Current assets
Stocks		32,360	50,865
Debtors		123,342	180,630
Cash at bank and in hand		70,245	64,782
		225,947	296,277
Creditors: amounts falling due within one year		(78,235)	(134,231)
Net current assets (liabilities)		147,712	162,046
Total assets less current liabilities		169,504	186,577
Total net assets (liabilities)		169,504	186,577
Capital and reserves
Called up share capital		450	450
Share premium account		10,845	10,845
Profit and loss account		158,209	175,282
Shareholders' funds		169,504	186,577

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.

Approved by the Board on 28 June 2016

And signed on their behalf by:
Mr A McDougall, Director

FRIESLAND ENGINEERS LIMITED Registered Number 01564305

Notes to the Abbreviated Accounts for the period ended 30 September 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 goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Land and buildings Leasehold - Over the period of the lease
Fixtures, fittings & equipment - 25% straight line
Motor vehicles - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 October 2014	170,233
Additions	324
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	170,557
Depreciation
At 1 October 2014	145,702
Charge for the year	3,063
On disposals	-
At 30 September 2015	148,765
Net book values
At 30 September 2015	21,792
At 30 September 2014	24,531