Abbreviated Company Accounts - FRIESLAND ENGINEERS LIMITED

FRIESLAND ENGINEERS LIMITED - Company Information

01564305 FRIESLAND ENGINEERS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 01564305 2015-10-01 2016-09-30 01564305 2016-09-30 01564305 2015-09-30 01564305 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 01564305 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 01564305

FRIESLAND ENGINEERS LIMITED

Abbreviated Accounts

30 September 2016

FRIESLAND ENGINEERS LIMITED Registered Number 01564305

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	22,379	21,792
		22,379	21,792
Current assets
Stocks		24,860	32,360
Debtors		193,241	123,342
Cash at bank and in hand		69,357	70,245
		287,458	225,947
Creditors: amounts falling due within one year		(123,592)	(78,235)
Net current assets (liabilities)		163,866	147,712
Total assets less current liabilities		186,245	169,504
Total net assets (liabilities)		186,245	169,504
Capital and reserves
Called up share capital	3	450	450
Share premium account		10,845	10,845
Profit and loss account		174,950	158,209
Shareholders' funds		186,245	169,504

For the year ending 30 September 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 16 June 2017

And signed on their behalf by:
Mr A Mc Dougall, Director

FRIESLAND ENGINEERS LIMITED Registered Number 01564305

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

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).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
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:
Land and buildings Leasehold Over the period of the lease
Fixtures, fittings & Equipment 25% Straight line
Motor Vehicles 25% Straight line

2Tangible fixed assets

	£
Cost
At 1 October 2015	170,558
Additions	9,418
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	179,976
Depreciation
At 1 October 2015	148,766
Charge for the year	8,831
On disposals	-
At 30 September 2016	157,597
Net book values
At 30 September 2016	22,379
At 30 September 2015	21,792

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

	2016 £	2015 £
450 Ordinary shares of £1 each	450	450