The Boiler Engineer Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06104890 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

THE BOILER ENGINEER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W Chapman

SECRETARY:

REGISTERED OFFICE:

Unit 18

Ellingham Way

Ellingham Industrial Estate

Ashford

Kent

TN23 6NF

REGISTERED NUMBER:

06104890 (England and Wales)

ACCOUNTANTS:

Michael Martin Partnership Ltd

Chartered Certified Accountants

24 Ashford Road

Tenterden

Kent

TN30 6QU

FIXED ASSETS

Intangible assets

4

16,000

18,000

Tangible assets

5

9,642

4,378

25,642

22,378

CURRENT ASSETS

Debtors

6

26,829

8,325

Cash at bank

33,547

42,440

60,376

50,765

CREDITORS

Amounts falling due within one year

7

60,774

72,023

NET CURRENT LIABILITIES

(398

)

(21,258

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,244

1,120

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

25,243

1,119

25,244

1,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 June 2017 and were signed by:

W Chapman - Director

1.	STATUTORY INFORMATION

The Boiler Engineer Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at

cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted

or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured using

tax rates and laws that have been enacted or substantively enacted by the year end and that are expected

to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's

pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2016

and 31 March 2017

20,000

AMORTISATION

At 1 April 2016

2,000

Charge for year

2,000

At 31 March 2017

4,000

NET BOOK VALUE

At 31 March 2017

16,000

At 31 March 2016

18,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

5,533

Additions

8,054

At 31 March 2017

13,587

DEPRECIATION

At 1 April 2016

1,155

Charge for year

2,790

At 31 March 2017

3,945

NET BOOK VALUE

At 31 March 2017

9,642

At 31 March 2016

4,378

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

25,824

8,325

Other debtors

1,005

-

26,829

8,325

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade creditors

12,164

9,334

Taxation and social security

15,583

13,686

Other creditors

33,027

49,003

60,774

72,023