Abbreviated Company Accounts - FEDERAL AEROSPACE ENGINEERING LIMITED

FEDERAL AEROSPACE ENGINEERING LIMITED - Company Information

06837874 FEDERAL AEROSPACE ENGINEERING LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 06837874 2015-04-01 2016-03-31 06837874 2016-03-31 06837874 2015-03-31 06837874 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06837874 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 06837874

FEDERAL AEROSPACE ENGINEERING LIMITED

Abbreviated Accounts

31 March 2016

FEDERAL AEROSPACE ENGINEERING LIMITED Registered Number 06837874

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	87,901	105,082
		87,901	105,082
Current assets
Stocks		10,750	11,225
Debtors		364,346	278,520
Cash at bank and in hand		21,327	-
		396,423	289,745
Creditors: amounts falling due within one year		(99,699)	(86,278)
Net current assets (liabilities)		296,724	203,467
Total assets less current liabilities		384,625	308,549
Provisions for liabilities		(9,662)	(11,360)
Total net assets (liabilities)		374,963	297,189
Capital and reserves
Called up share capital	3	30,000	30,000
Profit and loss account		344,963	267,189
Shareholders' funds		374,963	297,189

For the year ending 31 March 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 25 October 2016

And signed on their behalf by:
I Dring, Director

FEDERAL AEROSPACE ENGINEERING LIMITED Registered Number 06837874

Notes to the Abbreviated Accounts for the period ended 31 March 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 total invoice value, excluding value added tax of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 15% Reducing balance
Fixtures, fittings and equipment - 15% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2015	278,534
Additions	2,014
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	280,548
Depreciation
At 1 April 2015	173,452
Charge for the year	19,195
On disposals	-
At 31 March 2016	192,647
Net book values
At 31 March 2016	87,901
At 31 March 2015	105,082

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
30,000 Ordinary shares of £1 each	30,000	30,000