Abbreviated Company Accounts - EMS FABRICATIONS LTD

Abbreviated Company Accounts - EMS FABRICATIONS LTD

EMS FABRICATIONS LTD - Company Information

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Registered Number 04038510

EMS FABRICATIONS LTD

Abbreviated Accounts

31 July 2016

EMS FABRICATIONS LTD Registered Number 04038510

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 23,250 -
23,250 -
Current assets
Debtors 12,210 -
Cash at bank and in hand 224,027 87,362
236,237 87,362
Creditors: amounts falling due within one year (148,510) (82,154)
Net current assets (liabilities) 87,727 5,208
Total assets less current liabilities 110,977 5,208
Total net assets (liabilities) 110,977 5,208
Capital and reserves
Called up share capital 6 6
Profit and loss account 110,971 5,202
Shareholders' funds 110,977 5,208
  • For the year ending 31 July 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 10 November 2016

And signed on their behalf by:
K Gray, Director

EMS FABRICATIONS LTD Registered Number 04038510

Notes to the Abbreviated Accounts for the period ended 31 July 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 and derives from the provision of goods falling within the company's ordinary activities.

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:

Motor vehicles - 25% straight line

2Tangible fixed assets
£
Cost
At 1 August 2015 -
Additions 31,000
Disposals -
Revaluations -
Transfers -
At 31 July 2016 31,000
Depreciation
At 1 August 2015 -
Charge for the year 7,750
On disposals -
At 31 July 2016 7,750
Net book values
At 31 July 2016 23,250
At 31 July 2015 -