THE_NATURAL_ENGINEERING_C - Accounts

THE NATURAL ENGINEERING COMPANY LIMITED - Company Information

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THE NATURAL ENGINEERING COMPANY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

Company Registration No. 04287752 (England and Wales)

THE NATURAL ENGINEERING COMPANY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

THE NATURAL ENGINEERING COMPANY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

THE NATURAL ENGINEERING COMPANY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

504

598

Current assets

Cash at bank and in hand

Creditors: amounts falling due within one year

(19,538)

(19,325)

Net current liabilities

(19,519)

(19,306)

Total assets less current liabilities

(19,015)

(18,708)

Capital and reserves

Called up share capital

700

Profit and loss account

(19,715)

(19,408)

Shareholders' funds

(19,015)

(18,708)

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 October 2016

Dr Lucian Gill

Director

Company Registration No. 04287752

THE NATURAL ENGINEERING COMPANY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 2 -

Accounting policies

1.4

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.5

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.6

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% reducing balance and 33.3% straight line

Accounting policies

1.7

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.8

Compliance with accounting standards

1.9

Tangible fixed assets and depreciation

Fixtures, fittings & equipment

15% reducing balance and 33.3% straight line

THE NATURAL ENGINEERING COMPANY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Fixed assets

Tangible assets

Cost

At 1 August 2015 & at 31 July 2016

7,297

Depreciation

At 1 August 2015

6,700

Charge for the year

At 31 July 2016

6,793

Net book value

At 31 July 2016

504

At 31 July 2015

598

Share capital

2016

2015

Allotted, called up and fully paid

700 Ordinary shares of £1 each

700