Abbreviated Company Accounts - TECHNOIMPEX ENGINEERING (UK) LIMITED

TECHNOIMPEX ENGINEERING (UK) LIMITED - Company Information

02949528 TECHNOIMPEX ENGINEERING (UK) LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 02949528 2015-08-01 2016-07-31 02949528 2016-07-31 02949528 2015-07-31 02949528 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 02949528 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:USD shares

Registered Number 02949528

TECHNOIMPEX ENGINEERING (UK) LIMITED

Abbreviated Accounts

31 July 2016

TECHNOIMPEX ENGINEERING (UK) LIMITED Registered Number 02949528

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		$	$
Fixed assets
Investments	2	1,200	-
		1,200	-
Current assets
Debtors		63,858	207,366
Cash at bank and in hand		222,790	224,291
		286,648	431,657
Creditors: amounts falling due within one year		(9,982)	(7,912)
Net current assets (liabilities)		276,666	423,745
Total assets less current liabilities		277,866	423,745
Total net assets (liabilities)		277,866	423,745
Capital and reserves
Called up share capital	3	1,569	1,569
Profit and loss account		276,297	422,176
Shareholders' funds		277,866	423,745

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 27 April 2017

And signed on their behalf by:
V Kalinin, Director

TECHNOIMPEX ENGINEERING (UK) LIMITED Registered Number 02949528

Notes to the Abbreviated Accounts for the period ended 31 July 2016

1Accounting Policies

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

Turnover policy
Turnover of the company has been derived from its principal activities

Other accounting policies
Investments
Fixed asset investments are stated at cost less provision for diminution in value.

Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into US dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.

2Fixed assets Investments
Cost
At 1 August 2015 - $ Nil
Additions - $1,200
At 31 July 2016 - $1,200

Holding of more than 20%
The company holds more than 20% of the share capital of the following company.

Company/ Subsidiary undertaking - Metering & Technology Limited
Country of registration or incorporation - United Kingdom
Class of share - "A" Ordinary - Percentage of share holding - 100%
Class of share - "B" Ordinary - Percentage of share holding - 63%

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Metering & Technology Limited
Principal activity - Investment holding company
Capital and reserves 2016 - (€ 64,349)
Profit and loss for the year - (€1,910)

The above figures are extracted from Metering & Technology Limited's financial statements for the year ended 31 December 2015.

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 $	2015 $
1,000 Ordinary shares of $1.569 each	1,569	1,569

Please note the share capital is 1,000 ordinary shares at £1 each and not 1,000 ordinary share at $1.569 each