SJB Engineering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01904664 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

SJB Engineering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

B D Walters

SECRETARY:

B D Walters

REGISTERED OFFICE:

8 Braydon Avenue

Little Stoke

Bristol

Avon

BS34 6EH

REGISTERED NUMBER:

01904664 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Tangible assets

2

943

230

CURRENT ASSETS

Stocks

3,700

1,000

Debtors

33,852

13,031

Cash at bank

5,537

11,245

43,089

25,276

CREDITORS

Amounts falling due within one year

27,793

11,904

NET CURRENT ASSETS

15,296

13,372

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,239

13,602

CAPITAL AND RESERVES

Called up share capital

3

1,000

Retained earnings

15,239

12,602

SHAREHOLDERS' FUNDS

16,239

13,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 12 August 2016 and were signed by:

B D Walters - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemption in preparing these financial statements,

as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

•

the requirements of Section 7 Statement of Cash Flows.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.33% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

1,268

Additions

978

At 30 April 2016

2,246

DEPRECIATION

At 1 May 2015

1,038

Charge for year

265

At 30 April 2016

1,303

NET BOOK VALUE

At 30 April 2016

943

At 30 April 2015

230

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1,000

Ordinary

1

1,000

4.	ULTIMATE CONTROLLING PARTY

Mr B Walters, A director, is the current ultimate controlling party by virtue of his 80.8% holding of the issued

ordinary share capital.