Abbreviated Company Accounts - VASTALE ENGINEERING LIMITED

Abbreviated Company Accounts - VASTALE ENGINEERING LIMITED

VASTALE ENGINEERING LIMITED - Company Information

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Registered Number 01773525

VASTALE ENGINEERING LIMITED

Abbreviated Accounts

30 January 2016

VASTALE ENGINEERING LIMITED Registered Number 01773525

Abbreviated Balance Sheet as at 30 January 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 774,246 1,026,755
774,246 1,026,755
Current assets
Stocks 7,940 10,625
Debtors 38,038 46,434
Cash at bank and in hand 58,046 67,900
104,024 124,959
Creditors: amounts falling due within one year (151,226) (189,021)
Net current assets (liabilities) (47,202) (64,062)
Total assets less current liabilities 727,044 962,693
Creditors: amounts falling due after more than one year (563,531) (665,595)
Total net assets (liabilities) 163,513 297,098
Capital and reserves
Called up share capital 57,450 57,450
Other reserves 13,501 13,501
Profit and loss account 92,562 226,147
Shareholders' funds 163,513 297,098
  • For the year ending 30 January 2016 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 October 2016

And signed on their behalf by:
Mr S N Chambers, Director

VASTALE ENGINEERING LIMITED Registered Number 01773525

Notes to the Abbreviated Accounts for the period ended 30 January 2016

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 the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2Tangible fixed assets
£
Cost
At 31 January 2015 1,443,399
Additions 548,565
Disposals (907,727)
Revaluations -
Transfers -
At 30 January 2016 1,084,237
Depreciation
At 31 January 2015 416,644
Charge for the year 186,831
On disposals (293,484)
At 30 January 2016 309,991
Net book values
At 30 January 2016 774,246
At 30 January 2015 1,026,755