Abbreviated Company Accounts - A & E WRIGHT ENGINEERING LIMITED

A & E WRIGHT ENGINEERING LIMITED Registered Number 06085451

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	233	5
		233	5
Current assets
Debtors		17,069	29,108
Cash at bank and in hand		8,714	9,473
		25,783	38,581
Creditors: amounts falling due within one year		(116,782)	(34,340)
Net current assets (liabilities)		(90,999)	4,241
Total assets less current liabilities		(90,766)	4,246
Total net assets (liabilities)		(90,766)	4,246
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(90,866)	4,146
Shareholders' funds		(90,766)	4,246

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 October 2016

And signed on their behalf by:
Mr A Wright, Director

A & E WRIGHT ENGINEERING LIMITED Registered Number 06085451

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and Machinery 25% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

Going Concern
The company has ceased trading and is no longer a going concern. No adjustments are required in these accounts as a result of this.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2015	3,187
Additions	280
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	3,467
Depreciation
At 1 April 2015	3,182
Charge for the year	52
On disposals	-
At 31 March 2016	3,234
Net book values
At 31 March 2016	233
At 31 March 2015	5

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100