Ecco Engineering Services Limited - Limited company - abbreviated

REGISTERED NUMBER: SC179392 (Scotland)

ECCO ENGINEERING SERVICES LIMITED

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

E A Robertson

SECRETARY:

Mrs S Robertson

REGISTERED OFFICE:

The Studio

10A South Street

Kingskettle

Fife

KY15 7PL

REGISTERED NUMBER:

SC179392 (Scotland)

ACCOUNTANTS:

Harley Hepburn

28 Townsend Place

Kirkcaldy

Fife

KY1 1HB

BANKERS:

Bank of Scotland

The Cross

Cupar

Fife

KY15 4BP

FIXED ASSETS

Tangible assets

2

3,527

3,630

Investment property

3

111,347

109,494

114,874

113,124

CURRENT ASSETS

Debtors

-

808

Cash at bank

2

52

2

860

CREDITORS

Amounts falling due within one year

68,070

61,937

NET CURRENT LIABILITIES

(68,068

)

(61,077

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

46,806

52,047

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

46,804

52,045

SHAREHOLDERS' FUNDS

46,806

52,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 December 2014 and were signed by:

E A Robertson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents sale of goods and services provided net of Value Added Tax and trade discounts. Turnover

is recognised when the goods and services are physically provided to the customer.

Tangible fixed assets

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

Tenants improvements

-

2% on cost

Fixtures and fittings

-

33% on cost

Investment property

Investment properties are shown at cost.

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the Balance Sheet date. However,

deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that

there will be suitable taxable profits from which the future reversal of the underlying timing differences can be

deducted. Deferred taxation is measured on a non-discounted basis at the average tax rates that are expected to

apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantially

enacted at the Balance Sheet date.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no

commitment to sell the assets.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any

contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

13,739

Disposals

(7,670

)

At 31 March 2014

6,069

DEPRECIATION

At 1 April 2013

10,109

Charge for year

103

Eliminated on disposal

(7,670

)

At 31 March 2014

2,542

NET BOOK VALUE

At 31 March 2014

3,527

At 31 March 2013

3,630

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2013

109,494

Additions

1,853

At 31 March 2014

111,347

NET BOOK VALUE

At 31 March 2014

111,347

At 31 March 2013

109,494

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

2

Ordinary

£1

2

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £4,750 (2013 - £1,700) were paid to the director .

Included within creditors due within one year is a directors current account of £57503..

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E A Robertson.

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

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

financial statements of Ecco Engineering Services Limited for the year ended 31 March 2014 which comprise the Profit

and Loss Account, the 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 of Scotland, we are subject to its ethical and

other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the director of Ecco Engineering Services Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ecco

Engineering Services Limited and state those matters that we have agreed to state to the director of Ecco Engineering

Services Limited in this report in accordance with the requirements of the Institute of Chartered Accountants of

Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we

do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ecco Engineering Services 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 Ecco

Engineering Services Limited. You consider that Ecco Engineering Services 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 Ecco Engineering Services

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.

Harley Hepburn

28 Townsend Place

Kirkcaldy

Fife

KY1 1HB

12 December 2014

Ecco Engineering Services Limited - Limited company - abbreviated - 11.6

Ecco Engineering Services Limited - Limited company - abbreviated - 11.6