Registered Number 01256046

ELECTROCOIN AUTOMATICS LIMITED

Abbreviated Accounts

31 March 2016

ELECTROCOIN AUTOMATICS LIMITED Registered Number 01256046

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,215,835 4,019,759
3,215,835 4,019,759
Current assets
Stocks 345,720 330,850
Debtors 1,638,644 1,480,833
Cash at bank and in hand 54,079 23,590
2,038,443 1,835,273
Creditors: amounts falling due within one year (792,860) (963,695)
Net current assets (liabilities) 1,245,583 871,578
Total assets less current liabilities 4,461,418 4,891,337
Creditors: amounts falling due after more than one year (5,285,053) (6,318,015)
Total net assets (liabilities) (823,635) (1,426,678)
Capital and reserves
Called up share capital 20,000 20,000
Profit and loss account (843,635) (1,446,678)
Shareholders' funds (823,635) (1,426,678)
  • 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 23 September 2016

And signed on their behalf by:
J STERGIDES, Director
J COLLINSON, Director

ELECTROCOIN AUTOMATICS LIMITED Registered Number 01256046

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 April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2015 5,986,232
Additions -
Disposals (774,518)
Revaluations -
Transfers -
At 31 March 2016 5,211,714
Depreciation
At 1 April 2015 1,966,473
Charge for the year 29,406
On disposals -
At 31 March 2016 1,995,879
Net book values
At 31 March 2016 3,215,835
At 31 March 2015 4,019,759