A & D Engineering (Inverness) Ltd - Accounts to registrar

REGISTERED NUMBER: SC283203 (Scotland)

Financial Statements for the Period 1 April 2016 to 11 November 2016

for

A & D ENGINEERING (INVERNESS) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

AG Roy

CE Roy

REGISTERED OFFICE:

Badgerwood

Balnakyle

Munlochy

Inverness

Ross-shire

IV8 8PF

REGISTERED NUMBER:

SC283203 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

Traill Drive

Montrose

Angus

DD10 8SW

FIXED ASSETS

Tangible assets

4

-

793

CURRENT ASSETS

Debtors

5

105

127,793

Cash at bank

215,750

173,580

215,855

301,373

CREDITORS

Amounts falling due within one year

6

5,292

47,926

NET CURRENT ASSETS

210,563

253,447

TOTAL ASSETS LESS CURRENT
LIABILITIES

210,563

254,240

CAPITAL AND RESERVES

Called up share capital

4

Retained earnings

210,559

254,236

SHAREHOLDERS' FUNDS

210,563

254,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 11 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 11 November 2016 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 17 November 2016 and were signed on
its behalf by:

AG Roy - Director

1.	STATUTORY INFORMATION

A & D Engineering (Inverness) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 April 2016

421

1,440

1,861

Disposals

(421

)

(1,440

)

(1,861

)

At 11 November 2016

-

DEPRECIATION

At 1 April 2016

364

704

1,068

Eliminated on disposal

(364

)

(704

)

(1,068

)

At 11 November 2016

-

NET BOOK VALUE

At 11 November 2016

-

At 31 March 2016

57

736

793

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

£

Trade debtors

-

10,944

Other debtors

105

116,849

105

127,793

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

£

Taxation and social security

4,392

46,618

Other creditors

900

1,308

5,292

47,926

7.	RELATED PARTY DISCLOSURES

The company was under the control of A G Roy and C E Roy throughout the current and previous

year.

During the year the director repaid the amount due to the company of £93,479. Included within other

debtors is a balance of £nil (2016 £93,479) in respect of the directors loan account. Interest has been

applied to this loan at rates as prescribed by HMRC.