Mechanical & Electrical S (SP) Limited - Accounts to registrar - small 17.1.1
Mechanical & Electrical S (SP) Limited - Accounts to registrar - small 17.1.1
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016 |
FOR |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 December 2016 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 7 |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED |
COMPANY INFORMATION |
for the year ended 31 December 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Linden House |
Linden Close |
Tunbridge Wells |
Kent |
TN4 8HH |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
BALANCE SHEET |
31 December 2016 |
31.12.16 | 31.12.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Capital redemption reserve |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
BALANCE SHEET - continued |
31 December 2016 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 December 2016 |
1. | STATUTORY INFORMATION |
Mechanical & Electrical Services (Special Projects) Limited is a |
in England and Wales. The company's registered number and registered office address can be found on the |
Company Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents the net value of services provided during the year, excluding value added tax. |
Tangible fixed assets |
Fixtures and fittings | - |
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 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
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. |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 December 2016 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and |
fittings |
£ |
COST |
At 1 January 2016 |
Additions |
At 31 December 2016 |
DEPRECIATION |
At 1 January 2016 |
Charge for year |
At 31 December 2016 |
NET BOOK VALUE |
At 31 December 2016 |
At 31 December 2015 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.16 | 31.12.15 |
£ | £ |
Trade debtors |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.16 | 31.12.15 |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
VAT | 5,414 | 59,984 |
Directors' current accounts | 1,973 | 1,973 |
Accruals and deferred income |
7. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £246,389 (2015 - £100,223) were paid to the directors . |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED (REGISTERED NUMBER: 05649295) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 December 2016 |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is C J Baker. |
9. | FIRST YEAR ADOPTION |
This is the first year that the company has presented its results under FRS 102 section 1A. The last financial |
statements under previous UK GAAP were for the year ended 31 December 2015. The date of transition to FRS |
102 section 1A was 1 January 2015. There were no effects of the transition from UK GAAP to FRS 102 section |
1A on the equity or the profit. |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
MECHANICAL & ELECTRICAL SERVICES |
(SPECIAL PROJECTS) LIMITED |
The following reproduces the text of the report prepared for the directors and members in respect of the |
company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other |
primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Mechanical & Electrical Services (Special Projects) Limited for the year ended |
31 December 2016 which comprise the Income Statement, 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 Mechanical & Electrical Services (Special Projects) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Mechanical & Electrical Services (Special Projects) Limited and state those matters that we have agreed to state to the Board of Directors of Mechanical & Electrical Services (Special Projects) Limited, 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 Mechanical & Electrical Services (Special Projects) Limited Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Mechanical & Electrical Services (Special Projects) Limited 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 profit of Mechanical & Electrical Services (Special Projects) Limited. You consider that Mechanical & Electrical Services (Special Projects) Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Mechanical & Electrical Services (Special Projects) Limited. 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. |
Linden House |
Linden Close |
Tunbridge Wells |
Kent |
TN4 8HH |