Registered Number 02769728

A A ENGINEERING CONSULTANTS LIMITED

Abbreviated Accounts

30 November 2015

A A ENGINEERING CONSULTANTS LIMITED Registered Number 02769728

Abbreviated Balance Sheet as at 30 November 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 355 473
355 473
Current assets
Debtors 3,138 4,002
Cash at bank and in hand 62,257 71,147
65,395 75,149
Creditors: amounts falling due within one year (25,469) (29,042)
Net current assets (liabilities) 39,926 46,107
Total assets less current liabilities 40,281 46,580
Provisions for liabilities (67) (95)
Total net assets (liabilities) 40,214 46,485
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 40,114 46,385
Shareholders' funds 40,214 46,485
  • For the year ending 30 November 2015 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 26 August 2016

And signed on their behalf by:
Andrew Mark Oddy, Director

A A ENGINEERING CONSULTANTS LIMITED Registered Number 02769728

Notes to the Abbreviated Accounts for the period ended 30 November 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of
each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% reducing balance.

Other accounting policies
Pensions.
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

Deferred taxation.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, with the following exceptions:

Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of the assets concerned. However, no provision is made where, on the basis of all available evidence at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into replacement assets and charged to tax only where the replacement assets are sold;

Provision is made for deferred tax that would arise on remittance of the retained earnings of overseas subsidiaries, associates and joint ventures only to the extent that, at the balance sheet date, dividends have been accrued as receivable;

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 tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

2Tangible fixed assets
£
Cost
At 1 December 2014 4,202
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2015 4,202
Depreciation
At 1 December 2014 3,729
Charge for the year 118
On disposals -
At 30 November 2015 3,847
Net book values
At 30 November 2015 355
At 30 November 2014 473
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100 Ordinary shares of £1 each 100 100

4Transactions with directors

Name of director receiving advance or credit: Andrew Mark Oddy
Description of the transaction: Advances
Balance at 1 December 2014: £ 0
Advances or credits made: £ 74
Advances or credits repaid: £ 74
Balance at 30 November 2015: £ 0

An advance of £74 was made to Andrew Mark Oddy in August 2015. which was repaid to the company in September 2015, leaving a balance of £2,183 owed to Andrew Mark Oddy at the year end. No interest was payable to the company, and all advances were unsecured.