Positive Engineering Solutions Limited Micro-entity accounts

POSITIVE ENGINEERING SOLUTIONS LIMITED - Company Information

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Company Registration Number: 09027592

	Positive Engineering Solutions Limited

	Filleted Unaudited Financial Statements

	For the year ended

	31 May 2017

Positive Engineering Solutions Limited

Financial Statements

Year ended 31 May 2017

Contents	Page

Chartered accountant's report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position and the notes to the financial statements	2

Positive Engineering Solutions Limited

Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Positive Engineering Solutions Limited

Year ended 31 May 2017

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Positive Engineering Solutions Limited for the year ended 31 May 2017, which comprise the statement of financial position and the notes to the financial statements from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed on the Institute's website at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the director of Positive Engineering Solutions Limited in accordance with the terms of our engagement letter dated 16 May 2014. Our work has been undertaken solely to prepare for your approval the financial statements of Positive Engineering Solutions Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Positive Engineering Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Positive Engineering Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Positive Engineering Solutions Limited. You consider that Positive Engineering Solutions Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Positive Engineering Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Jamesons Chartered Accountants

92 Station Road Clacton on Sea Essex CO15 1SG

15 February 2018

Positive Engineering Solutions Limited

Statement of Financial Position

31 May 2017

	2017		2016
	£	£	£	£
Current assets		286		8,718

Creditors: amounts falling due within one year	-	4,229
	----	-------
Net current assets	286	4,489
	----	-------
Total assets less current liabilities	286	4,489

Accruals and deferred income	180	540
	----	-------
	106	3,949
	----	-------

Capital and reserves	106	3,949
	----	-------

Notes to the financial statements

1. Director's advances, credits and guarantees

During the year the director entered into the following advances and credits with the company:

	2017
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S J Beales	( 1,833)	1,935	102
	-------	-------	----

	2016
	Balance brought forward	Advances/ (credits) to the director	Balance outstanding
	£	£	£
Mr S J Beales	( 573)	( 1,260)	( 1,833)
	----	-------	-------

For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have 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 financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 10 February 2018 , and are signed on behalf of the board by:

Mr S J Beales
Director

Company registration number: 09027592

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 92 Station Road, Clacton on Sea, Essex, CO15 1SG.