Ockenden Engineering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09277280 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 23rd October 2014 to 30th November 2015

for

Ockenden Engineering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Ockenden

SECRETARY:

REGISTERED OFFICE:

936D Cornforth Drive

Kent Science Park

Sittingbourne

Kent

ME9 8PX

REGISTERED NUMBER:

09277280 (England and Wales)

ACCOUNTANTS:

CWW Chartered Accountants

149-151 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Tangible assets

2

8,520

CURRENT ASSETS

Stocks

9,816

Debtors

31,439

41,255

CREDITORS

Amounts falling due within one year

48,366

NET CURRENT LIABILITIES

(7,111

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,409

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

409

SHAREHOLDERS' FUNDS

1,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th November 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th November 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 20th May 2016 and were signed by:

M Ockenden - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Deferred tax

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

date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

10,650

At 30th November 2015

10,650

DEPRECIATION

Charge for period

2,130

At 30th November 2015

2,130

NET BOOK VALUE

At 30th November 2015

8,520

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

1,000

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30th November 2015:

£

M Ockenden

Balance outstanding at start of period

-

Amounts advanced

33,450

Amounts repaid

(18,000

)

Balance outstanding at end of period

15,450