www.processengineer.co.uk Ltd - Accounts to registrar (filleted) - small 18.2

www.processengineer.co.uk Ltd - Accounts to registrar (filleted) - small 18.2

WWW.PROCESSENGINEER.CO.UK LIMITED - Company Information

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IRIS Accounts Production v18.2.1.62 SC261410 Board of Directors Board of Directors 1.2.17 31.1.18 31.1.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2614102017-01-31SC2614102018-01-31SC2614102017-02-012018-01-31SC2614102016-01-31SC2614102016-02-012017-01-31SC2614102017-01-31SC261410ns15:Scotland2017-02-012018-01-31SC261410ns14:PoundSterling2017-02-012018-01-31SC261410ns10:Director12017-02-012018-01-31SC261410ns10:Director22017-02-012018-01-31SC261410ns10:PrivateLimitedCompanyLtd2017-02-012018-01-31SC261410ns10:SmallEntities2017-02-012018-01-31SC261410ns10:AuditExempt-NoAccountantsReport2017-02-012018-01-31SC261410ns10:SmallCompaniesRegimeForDirectorsReport2017-02-012018-01-31SC261410ns10:SmallCompaniesRegimeForAccounts2017-02-012018-01-31SC261410ns10:FullAccounts2017-02-012018-01-31SC261410ns10:CompanySecretary12017-02-012018-01-31SC261410ns10:RegisteredOffice2017-02-012018-01-31SC261410ns5:CurrentFinancialInstruments2018-01-31SC261410ns5:CurrentFinancialInstruments2017-01-31SC261410ns5:ShareCapital2018-01-31SC261410ns5:ShareCapital2017-01-31SC261410ns5:RetainedEarningsAccumulatedLosses2018-01-31SC261410ns5:RetainedEarningsAccumulatedLosses2017-01-31SC261410ns5:ComputerEquipment2017-02-012018-01-31SC261410ns5:ComputerEquipment2017-01-31SC261410ns5:ComputerEquipment2018-01-31SC261410ns5:ComputerEquipment2017-01-31SC261410ns5:RetainedEarningsAccumulatedLosses2017-01-31SC261410ns5:RetainedEarningsAccumulatedLosses2017-02-012018-01-31


REGISTERED NUMBER: SC261410 (Scotland)


















Unaudited Financial Statements

for the Year Ended 31 January 2018

for

www.processengineer.co.uk Ltd
www.processengineer.co.uk Ltd (Registered number: SC261410)






Contents of the Financial Statements
for the Year Ended 31 January 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


www.processengineer.co.uk Ltd

Company Information
for the Year Ended 31 January 2018







DIRECTORS: P J Langrish
C A Langrish





SECRETARY: P J Langrish





REGISTERED OFFICE: 127 Spring Garden
Aberdeen
AB25 1DG





REGISTERED NUMBER: SC261410 (Scotland)





ACCOUNTANTS: MMG Archbold
Chartered Accountants
182 High Street
Montrose
ANGUS
DD10 8PH
Page 1
www.processengineer.co.uk Ltd (Registered number: SC261410)

Balance Sheet
31 January 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 746 385

CURRENT ASSETS
Cash at bank 313,946 330,198

CREDITORS
Amounts falling due within one year 5 2,206 2,158
NET CURRENT ASSETS 311,740 328,040
TOTAL ASSETS LESS CURRENT
LIABILITIES
312,486
328,425

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 6 312,476 328,415
SHAREHOLDERS' FUNDS 312,486 328,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 5 September 2018 and were signed on its behalf
by:



P J Langrish - Director



C A Langrish - Director


The notes form part of these financial statements

Page 2
www.processengineer.co.uk Ltd (Registered number: SC261410)

Notes to the Financial Statements
for the Year Ended 31 January 2018

1. STATUTORY INFORMATION

www.processengineer.co.uk Ltd is a private company, limited by shares , registered in Scotland. 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.

The directors have a reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of
accounting in preparing the annual financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

Contracts for services
Where the substance of a contract is that the contractual obligations are performed gradually over time,
revenue is recognised as contract activity progresses to reflect the partial performance of our contractual
obligations. The amount of revenue included reflects the accrual of the right to consideration as contract
activity progresses by reference to value of the work performed.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 February 2017 1,199
Additions 699
Disposals (499 )
At 31 January 2018 1,399
DEPRECIATION
At 1 February 2017 814
Charge for year 248
Eliminated on disposal (409 )
At 31 January 2018 653
NET BOOK VALUE
At 31 January 2018 746
At 31 January 2017 385

Page 3
www.processengineer.co.uk Ltd (Registered number: SC261410)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2018

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 258 267
Other creditors 1,948 1,891
2,206 2,158

6. RESERVES
Retained
earnings
£   

At 1 February 2017 328,415
Deficit for the year (12,939 )
Dividends (3,000 )
At 31 January 2018 312,476

7. RELATED PARTY DISCLOSURES

P J Langrish operated a director's loan throughout the year where he was advanced £257 and withdrew £237.
The loan is operated on an interest free basis.

P J Langrish
Director and shareholder


P J Langrish operated a director's loan throughout the year where he was advanced £237 by the company and
repaid £257. The loan is operated on an interest free basis.

2018 2017
£    £   
Amount due to related party at the balance sheet date 257 237

Page 4