Micro-entity Accounts - EURO CONTROL PANEL SPECIALISTS LIMITED

EURO CONTROL PANEL SPECIALISTS LIMITED - Company Information

NI033606 EURO CONTROL PANEL SPECIALISTS LIMITED 2017-03-31 false 2016-04-01 2017-03-31 true NI033606 2016-04-01 2017-03-31 NI033606 2017-03-31 NI033606 2016-03-31 NI033606 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 NI033606 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 NI033606 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 NI033606

EURO CONTROL PANEL SPECIALISTS LIMITED

Micro-entity Accounts

31 March 2017

EURO CONTROL PANEL SPECIALISTS LIMITED Registered Number NI033606

Micro-entity Balance Sheet as at 31 March 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	29,164	17,747
		29,164	17,747
Current assets
Stocks		33,389	77,862
Debtors		40,421	38,768
Cash at bank and in hand		45,751	23,210
		119,561	139,840
Creditors: amounts falling due within one year		(142,659)	(150,606)
Net current assets (liabilities)		(23,098)	(10,766)
Total assets less current liabilities		6,066	6,981
Creditors: amounts falling due after more than one year		(7,333)	-
Total net assets (liabilities)		(1,267)	6,981
Capital and reserves
Called up share capital	2	3,334	3,334
Profit and loss account		(4,601)	3,647
Shareholders' funds		(1,267)	6,981

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 5 December 2017

And signed on their behalf by:
Michael Doherty, Director
Hugh Doherty, Director

EURO CONTROL PANEL SPECIALISTS LIMITED Registered Number NI033606

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

1Tangible fixed assets

	£
Cost
At 1 April 2016	49,492
Additions	16,750
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2017	66,242
Depreciation
At 1 April 2016	31,745
Charge for the year	5,333
On disposals	-
At 31 March 2017	37,078
Net book values
At 31 March 2017	29,164
At 31 March 2016	17,747

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

	2017 £	2016 £
3,334 Ordinary shares of £1 each	3,334	3,334

3Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

Turnover policy
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset.

Other accounting policies
The ultimate control of the company lies with the directors.