Microtech Sciences Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05114068 (England and Wales)

Abbreviated Unaudited Accounts For The Year Ended 31 March 2016

for

MICROTECH SCIENCES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

I Guest

SECRETARY:

R Nuttall

REGISTERED OFFICE:

66 Cross Street

Sale

Manchester

Greater Manchester

M33 7AN

BUSINESS ADDRESS:

Unit 3

Barnfield Way

Altham

Accrington

Lancashire

BB5 5WJ

REGISTERED NUMBER:

05114068 (England and Wales)

ACCOUNTANTS:

Charles & Company

Chartered Accountants

66 Cross Street

Sale

Manchester

M33 7AN

FIXED ASSETS

Tangible assets

2

23,000

27,072

CURRENT ASSETS

Debtors

85,894

99,756

Cash at bank and in hand

15,856

11,489

101,750

111,245

CREDITORS

Amounts falling due within one year

15,409

24,585

NET CURRENT ASSETS

86,341

86,660

TOTAL ASSETS LESS CURRENT
LIABILITIES

109,341

113,732

PROVISIONS FOR LIABILITIES

4,060

NET ASSETS

105,281

109,672

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

105,181

109,572

SHAREHOLDERS' FUNDS

105,281

109,672

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 14 November 2016 and were signed by:

I Guest - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are

depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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

of the lease.

Government grants

Government grants are recognised in the profit and loss account and matched against expenditure towards

which they are intended to contribute.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

121,675

DEPRECIATION

At 1 April 2015

94,603

Charge for year

4,072

At 31 March 2016

98,675

NET BOOK VALUE

At 31 March 2016

23,000

At 31 March 2015

27,072

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100

4.	CONTROLLING PARTY

During the year the company was under the control of the I. Guest and his family.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have

been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Microtech Sciences Limited for the year ended 31 March 2016 which comprise the Profit and Loss Account,

the Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Microtech Sciences Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Microtech Sciences Limited and state those matters that we have agreed to state to the director of Microtech Sciences Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Microtech Sciences Limited director for our work or for this report.

It is your duty to ensure that Microtech Sciences Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Microtech Sciences Limited. You consider that Microtech Sciences Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Microtech Sciences Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charles & Company

Chartered Accountants

66 Cross Street

Sale

Manchester

M33 7AN

14 November 2016