Contents of the Financial Statements

for the Period Ended 31 December 2016

Company Information

for the Period Ended 31 December 2016

Directors' Report Period Ended 31 December 2016

The directors present their report with the financial statements of the company for the period ended 31 December 2016

Directors

The directors shown below have held office during the whole of the period from 01 January 2016 to 31 December 2016
Guy Griffiths
Howard Snell

The director(s) shown below resigned during the period
Jo Redfern
31 August 2016

Profit and Loss Account

for the Period Ended 31 December 2016

The notes form part of these financial statements

Balance sheet

As at 31 December 2016

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover
  Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
  
  

  Tangible fixed assets depreciation policy

  Depreciation
  Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
  
  Plant and machinery 33% straight line Improvements to property equally over the lease term Fixtures and fittings 25% straight line
  Motor vehicles 33% straight line
  Computer equipment 25% straight line
  
  

  Other accounting policies

  Stocks Work in progress is valued at the lower of cost and net realisable value. Foreign currencies Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. Leasing and hire purchase commitments Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. Pensions The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Tangible Assets

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Creditors: amounts falling due within one year note