Abbreviated Company Accounts - PRECISION ENGINE SERVICES LTD.

Registered Number SC399507

PRECISION ENGINE SERVICES LTD.

Abbreviated Accounts

31 July 2016

PRECISION ENGINE SERVICES LTD. Registered Number SC399507

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	86,124	50,000
Tangible assets	3	67,084	105,542
		153,208	155,542
Current assets
Stocks		58,627	59,302
Cash at bank and in hand		238,712	201,609
		297,339	260,911
Creditors: amounts falling due within one year		(227,234)	(286,642)
Net current assets (liabilities)		70,105	(25,731)
Total assets less current liabilities		223,313	129,811
Total net assets (liabilities)		223,313	129,811
Capital and reserves
Called up share capital		4	4
Profit and loss account		223,309	129,807
Shareholders' funds		223,313	129,811

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 23 April 2017

And signed on their behalf by:
MR A MORRISON, Director

1Accounting Policies

Turnover policy
TURNOVER REPRESENTS WORK DONE WITHIN THE YEAR

2Intangible fixed assets

3Tangible fixed assets