Micro-entity Accounts - FEDERAL AEROSPACE ENGINEERING LIMITED

FEDERAL AEROSPACE ENGINEERING LIMITED - Company Information

06837874 FEDERAL AEROSPACE ENGINEERING LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true 06837874 2016-04-01 2017-03-31 06837874 2017-03-31 06837874 2016-03-31 06837874 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 06837874 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 06837874 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-01 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP shares

Registered Number 06837874

FEDERAL AEROSPACE ENGINEERING LIMITED

Micro-entity Accounts

31 March 2017

FEDERAL AEROSPACE ENGINEERING LIMITED Registered Number 06837874

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	285,624	87,901
		285,624	87,901
Current assets
Stocks		22,474	10,750
Debtors		223,216	364,346
Cash at bank and in hand		375,692	21,327
		621,382	396,423
Creditors: amounts falling due within one year		(287,170)	(99,699)
Net current assets (liabilities)		334,212	296,724
Total assets less current liabilities		619,836	384,625
Creditors: amounts falling due after more than one year		(164,840)	0
Provisions for liabilities		(42,739)	(9,662)
Total net assets (liabilities)		412,257	374,963
Capital and reserves
Called up share capital	2	30,000	30,000
Profit and loss account		382,257	344,963
Shareholders' funds		412,257	374,963

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 18 September 2017

And signed on their behalf by:
I.Dring, Director

FEDERAL AEROSPACE ENGINEERING LIMITED Registered Number 06837874

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Tangible fixed assets

	£
Cost
At 1 April 2016	280,548
Additions	248,127
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	528,675
Depreciation
At 1 April 2016	192,647
Charge for the year	50,404
On disposals	-
At 31 March 2017	243,051
Net book values
At 31 March 2017	285,624
At 31 March 2016	87,901

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
30,000 Ordinary shares of £1 each	30,000	30,000

3Accounting 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 represents the total invoice value, excluding value added tax of sales made during the year

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 15%reducing balance
Fixtures, fittings and equipment - 15% reducing balance