Killen Engineering Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: SC416410 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 5 April 2016

for

Killen Engineering Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Maciver

REGISTERED OFFICE:

Mid Blairfoid Farm

Fortrose

Ross-shire

IV10 8RA

REGISTERED NUMBER:

SC416410 (Scotland)

FIXED ASSETS

Tangible assets

2

6,075

-

CURRENT ASSETS

Debtors

5,553

19,452

Cash at bank

9,922

33,620

15,475

53,072

CREDITORS

Amounts falling due within one year

4,036

20,591

NET CURRENT ASSETS

11,439

32,481

TOTAL ASSETS LESS CURRENT LIABILITIES

17,514

32,481

PROVISIONS FOR LIABILITIES

1,215

-

NET ASSETS

16,299

32,481

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

16,199

32,381

SHAREHOLDERS' FUNDS

16,299

32,481

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 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 22 December 2016 and were signed by:

R Maciver - 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 services, 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.

Motor vehicles

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

9,112

At 5 April 2016

9,112

DEPRECIATION

Charge for year

3,037

At 5 April 2016

3,037

NET BOOK VALUE

At 5 April 2016

6,075

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.16

5.4.15

value:

£

£

100

Ordinary

£1

100

100