Crombie Engineering Solutions Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07674788 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JULY 2015 TO 29 JUNE 2016

FOR

CROMBIE ENGINEERING SOLUTIONS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

5

DIRECTORS:

H Crombie

P Bridgland

Mrs J Crombie

REGISTERED OFFICE:

166 Llanllienwen Road

Morriston

Swansea

SA6 6LT

REGISTERED NUMBER:

07674788 (England and Wales)

ACCOUNTANTS:

John F. Harvey

Dynevor House

5-6 De La Beche Street

Swansea

SA1 3HA

FIXED ASSETS

Tangible assets

2

2,251

4,196

CURRENT ASSETS

Stocks

1,000

3,800

Debtors

36,790

55,072

Cash at bank

12,553

17,119

50,343

75,991

CREDITORS

Amounts falling due within one year

37,560

45,275

NET CURRENT ASSETS

12,783

30,716

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,034

34,912

PROVISIONS FOR LIABILITIES

450

839

NET ASSETS

14,584

34,073

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

14,484

33,973

SHAREHOLDERS' FUNDS

14,584

34,073

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 June 2017 and were signed on its
behalf by:

Mrs J Crombie - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 29 June 2016

10,590

DEPRECIATION

At 1 July 2015

6,394

Charge for period

1,945

At 29 June 2016

8,339

NET BOOK VALUE

At 29 June 2016

2,251

At 30 June 2015

4,196

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Crombie Engineering Solutions Ltd for the period ended 29 June 2016

which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Crombie Engineering Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 27 June 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Crombie Engineering Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of Crombie Engineering Solutions Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crombie Engineering Solutions Ltd Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crombie Engineering Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Crombie Engineering Solutions Ltd. You consider that Crombie Engineering Solutions Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Crombie Engineering Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

John F. Harvey

Dynevor House

5-6 De La Beche Street

Swansea

SA1 3HA

27 June 2017