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REGISTERED NUMBER: 02235902 (England and Wales)














Abbreviated Unaudited Accounts

for the Year Ended 31 May 2015

for

Arrow Engineering Components Limited

Arrow Engineering Components Limited (Registered number: 02235902)






Contents of the Abbreviated Accounts
for the Year Ended 31 May 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Arrow Engineering Components Limited

Company Information
for the Year Ended 31 May 2015







DIRECTORS: Mr R Arrowsmith
Mrs J L Arrowsmith





SECRETARY: Mrs J L Arrowsmith





REGISTERED OFFICE: 72 Liverpool Street
Salford
Manchester
M5 4LT





REGISTERED NUMBER: 02235902 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Arrow Engineering Components Limited (Registered number: 02235902)

Abbreviated Balance Sheet
31 May 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 131,477 157,431

CURRENT ASSETS
Stocks 662,863 685,800
Debtors 284,136 279,536
Cash in hand 50 72
947,049 965,408
CREDITORS
Amounts falling due within one year 3 784,989 752,770
NET CURRENT ASSETS 162,060 212,638
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,537

370,069

CREDITORS
Amounts falling due after more than one
year

3

(98,086
)
(142,970
)

PROVISIONS FOR LIABILITIES (14,591 ) (17,032 )
NET ASSETS 180,860 210,067

CAPITAL AND RESERVES
Called up share capital 4 165,000 165,000
Profit and loss account 15,860 45,067
SHAREHOLDERS' FUNDS 180,860 210,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 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.

Arrow Engineering Components Limited (Registered number: 02235902)

Abbreviated Balance Sheet - continued
31 May 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 23 October 2015 and were signed on its behalf by:




Mr R Arrowsmith - Director



Mrs J L Arrowsmith - Director


Arrow Engineering Components Limited (Registered number: 02235902)

Notes to the Abbreviated Accounts
for the Year Ended 31 May 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents the invoice value of goods and services provided net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at
the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

Going concern
The company's financial statements for the year ended 31 May 2015 have been prepared on a going concern
basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future.

Arrow Engineering Components Limited (Registered number: 02235902)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 May 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2014 514,734
Additions 7,409
Disposals (21,778 )
At 31 May 2015 500,365
DEPRECIATION
At 1 June 2014 357,303
Charge for year 28,259
Eliminated on disposal (16,674 )
At 31 May 2015 368,888
NET BOOK VALUE
At 31 May 2015 131,477
At 31 May 2014 157,431

3. CREDITORS

Creditors include an amount of £ 367,839 (2014 - £ 403,668 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable by instalments - 18,807

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
165,000 Ordinary £1 165,000 165,000