ALIDREW_ENGINEERING_LIMIT - Accounts

ALIDREW ENGINEERING LIMITED - Company Information

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Company Registration No. 04912111 (England and Wales)

ALIDREW ENGINEERING LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

ALIDREW ENGINEERING LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2014

- 1 -

2014

2013

Notes

Fixed assets

Intangible assets

2,295

Tangible assets

33,783

23,910

33,783

26,205

Current assets

Stocks

7,500

8,000

Debtors

31,284

27,331

Cash at bank and in hand

24,573

6,457

63,357

41,788

Creditors: amounts falling due within one year

(30,964)

(36,819)

Net current assets

32,393

4,969

Total assets less current liabilities

66,176

31,174

Creditors: amounts falling due after more than one year

(46,942)

(20,000)

19,234

11,174

Capital and reserves

Called up share capital

Profit and loss account

19,232

11,172

Shareholders' funds

19,234

11,174

ALIDREW ENGINEERING LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 MARCH 2014

- 2 -

For the financial year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 13 November 2014

P Robinson

Director

Company Registration No. 04912111

ALIDREW ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The directors, having regard to the nature, size and complexity of the business, have assessed the financial risks affecting the company and its operations for the 12 months from the approval of the financial statements and consider it appropriate to prepare the financial statements on a going concern basis.

1.2

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).

1.3

Turnover

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

1.4

Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

1.5

Tangible fixed assets and depreciation

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

Not depreciated

Plant and machinery

15% reducing balance

Motor vehicles

20% reducing balance

ALIDREW ENGINEERING LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2014

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 April 2013

8,500

28,996

37,496

Additions

23,740

At 31 March 2014

8,500

52,736

61,236

Depreciation

At 1 April 2013

6,205

16,252

22,457

Charge for the year

2,295

2,701

4,996

At 31 March 2014

8,500

18,953

27,453

Net book value

At 31 March 2014

33,783

At 31 March 2013

2,295

23,910

26,205

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £2,450 (2013 - £2,774).

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £6,942 (2013 - £-).

Share capital

2014

2013

Allotted, called up and fully paid

2 Ordinary of £1 each