Duell Engineering Ltd - Abbreviated accounts 16.3
Duell Engineering Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 August 2016 |
| for |
| Duell Engineering Ltd |
| Duell Engineering Ltd (Registered number: 08642800) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Duell Engineering Ltd |
| Company Information |
| for the Year Ended 31 August 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Duell Engineering Ltd (Registered number: 08642800) |
| Abbreviated Balance Sheet |
| 31 August 2016 |
| 31.8.16 | 31.8.15 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) |
| 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 financial statements were approved by the director on |
| Duell Engineering Ltd (Registered number: 08642800) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2016 |
| 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). |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date. |
| Turnover |
| Turnover represents amounts invoiced for engineering work done. |
| Revenue recognition |
| Fee income represents revenue earned under a wide variety of contracts to provide professional |
| services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to |
| consideration in exchange for its performance under these contracts. It is measured at the fair value |
| of the right to consideration, which represents amounts chargeable to clients, including expenses |
| and disbursements but excluding value added tax. |
| Revenue is generally recognised as contract activity progresses so that for incomplete contracts it |
| reflects the partial performance of the contractual obligations. For such contracts the amount of |
| revenue reflects the accrual of the right to consideration by reference to the value of work |
| performed. Revenue not billed to clients is included in debtors and payments on account in excess |
| of the relevant amount of revenue are included in creditors. |
| Fee income that is contingent on events outside the control of the firm is recognised when the |
| contingent event occurs. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.16 | 31.8.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 3. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 August 2016 |
| and 31 August 2015: |
| 31.8.16 | 31.8.15 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) |