E-Gauge Products Limited Company Accounts

E-Gauge Products Limited Company Accounts

E - GAUGE PRODUCTS LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 06380009
E-Gauge Products Limited
Filleted Unaudited Financial Statements
30 November 2017
E-Gauge Products Limited
Financial Statements
Year ended 30 November 2017
Contents
Pages
Statement of financial position
1
Notes to the financial statements
2
E-Gauge Products Limited
Statement of Financial Position
30 November 2017
2017
2016
Note
£
£
£
£
Current assets
Cash at bank and in hand
1
1
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Net current assets
1
1
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Total assets less current liabilities
1
1
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Capital and reserves
Called up share capital
1
1
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Shareholder funds
1
1
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 30 November 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- The member has 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 were approved by the board of directors and authorised for issue on 19 February 2018 , and are signed on behalf of the board by:
Mr J W Murray
Director
Company registration number: 06380009
E-Gauge Products Limited
Notes to the Financial Statements
Year ended 30 November 2017
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Euro Works, Hawksley Ind Estate, Hawksley Street, OLDHAM, Lancs, OL8 4PQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
3.1 Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
3.2 Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 December 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 5.
3.3 Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholder funds during the current year or prior year.
4. Controlling party
The company's ultimate parent company is Precision 21 Limited, registered in England and Wales.
5. Transition to FRS 102
These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 December 2015.
No transitional adjustments were required in equity or profit or loss for the year.