GLEN CON ENGINEERING SERVICES LTD - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06598379 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017

FOR

GLEN CONSTRUCTION ENGINEERING SERVICES

LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTOR:

P E Curtis

SECRETARY:

G J Curtis

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

06598379 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

201

116

CURRENT ASSETS

Debtors

5

-

9,809

Cash at bank

141,261

96,483

141,261

106,292

CREDITORS

Amounts falling due within one year

6

51,748

63,806

NET CURRENT ASSETS

89,513

42,486

TOTAL ASSETS LESS CURRENT LIABILITIES

89,714

42,602

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

89,713

42,601

SHAREHOLDERS' FUNDS

89,714

42,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 23 February 2018 and were signed by:

P E Curtis - Director

1.	STATUTORY INFORMATION

GLEN CONSTRUCTION ENGINEERING SERVICES LTD is a private company, limited by shares , registered

in England and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Tools and equipment

-

15% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Tools and

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 June 2016

362

498

860

Additions

120

-

120

At 31 May 2017

482

498

980

DEPRECIATION

At 1 June 2016

246

498

744

Charge for year

35

-

35

At 31 May 2017

281

498

779

NET BOOK VALUE

At 31 May 2017

201

-

201

At 31 May 2016

116

-

116

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

2,514

Other debtors

-

7,295

-

9,809

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Tax

13,737

10,885

Social security and other taxes

81

-

VAT

3,189

2,431

Directors' current accounts

31,666

47,110

Accrued expenses

3,075

3,380

51,748

63,806

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary

£1

1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of GLEN CONSTRUCTION ENGINEERING SERVICES LTD for the year ended 31 May 2017

which comprise the Income Statement, Balance Sheet and the related notes 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of GLEN CONSTRUCTION ENGINEERING SERVICES LTD in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of GLEN CONSTRUCTION ENGINEERING SERVICES LTD and state those matters that we have agreed to state to the director of GLEN CONSTRUCTION ENGINEERING SERVICES LTD in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GLEN CONSTRUCTION ENGINEERING SERVICES LTD director for our work or for this report.

It is your duty to ensure that GLEN CONSTRUCTION ENGINEERING SERVICES LTD 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 profit of GLEN CONSTRUCTION ENGINEERING SERVICES LTD. You consider that GLEN CONSTRUCTION ENGINEERING SERVICES LTD 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 GLEN CONSTRUCTION ENGINEERING SERVICES LTD. 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.

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

26 February 2018