Abbreviated Company Accounts - CONOR PRICE ENGINEERING LTD

CONOR PRICE ENGINEERING LTD - Company Information

SC349994 CONOR PRICE ENGINEERING LTD 2016-10-31 false 2015-11-01 2016-10-31 true SC349994 2015-11-01 2016-10-31 SC349994 2016-10-31 SC349994 2015-10-31 SC349994 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 SC349994 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number SC349994

CONOR PRICE ENGINEERING LTD

Abbreviated Accounts

31 October 2016

CONOR PRICE ENGINEERING LTD Registered Number SC349994

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,809	1,164
		2,809	1,164
Current assets
Debtors		324,735	121,070
Cash at bank and in hand		23,922	67,169
		348,657	188,239
Creditors: amounts falling due within one year		(113,138)	(54,800)
Net current assets (liabilities)		235,519	133,439
Total assets less current liabilities		238,328	134,603
Total net assets (liabilities)		238,328	134,603
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		238,327	134,602
Shareholders' funds		238,328	134,603

For the year ending 31 October 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 31 July 2017

And signed on their behalf by:
Conor Price, Director

CONOR PRICE ENGINEERING LTD Registered Number SC349994

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises of the invoiced value of the goods and services supplied by the company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery – 25% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	5,973
Additions	2,582
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	8,555
Depreciation
At 1 November 2015	4,809
Charge for the year	937
On disposals	-
At 31 October 2016	5,746
Net book values
At 31 October 2016	2,809
At 31 October 2015	1,164

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

	2016 £	2015 £
1 Ordinary share of £1 each	1	1