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REGISTERED NUMBER: SC349242 (Scotland)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 OCTOBER 2012 TO 28 FEBRUARY 2014

FOR

ALLEN STEWART ENGINEERING LIMITED

ALLEN STEWART ENGINEERING LIMITED (REGISTERED NUMBER: SC349242)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 OCTOBER 2012 TO 28 FEBRUARY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

ALLEN STEWART ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 OCTOBER 2012 TO 28 FEBRUARY 2014







DIRECTOR: A W Stewart



REGISTERED OFFICE: 24 Medrox Gardens
Condorrat
Cumbernauld
G67 4AJ



REGISTERED NUMBER: SC349242 (Scotland)



ACCOUNTANTS: ASMCA Limited
14 Castle Court
Castlecary
Cumbernauld
GLASGOW
G68 0JL



BANKERS: Santander UK plc
Business Banking
301 St. Vincent Street
GLASGOW
G2 5NT

ALLEN STEWART ENGINEERING LIMITED (REGISTERED NUMBER: SC349242)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2014

2014 2012
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 - 1,810

CURRENT ASSETS
Stocks - 800
Debtors 2,129 267
Cash at bank 10,785 3,969
12,914 5,036
CREDITORS
Amounts falling due within one year 10,719 5,799
NET CURRENT ASSETS/(LIABILITIES) 2,195 (763 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,195

1,047

PROVISIONS FOR LIABILITIES - 362
NET ASSETS 2,195 685

CAPITAL AND RESERVES
Called up share capital 3 10 10
Profit and loss account 2,185 675
SHAREHOLDERS' FUNDS 2,195 685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director on 12 June 2014 and were signed by:




A W Stewart - Director


ALLEN STEWART ENGINEERING LIMITED (REGISTERED NUMBER: SC349242)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD 1 OCTOBER 2012 TO 28 FEBRUARY 2014

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 net invoiced sales of services, excluding 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.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Work in progress is valued at selling price.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in
periods different from those in which they are included in the company's accounts. Deferred tax is provided
for material timing differences which result in an obligation to pay more (or less) tax at a future date, at the
average tax rates that are expected to apply when the timing differences reverse, based on current tax rates
and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets
where there is no commitment to sell the assets. Deferred tax assets and liabilities are not discounted.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over
the period of the lease.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012 2,989
Disposals (2,989 )
At 28 February 2014 -
DEPRECIATION
At 1 October 2012 1,179
Eliminated on disposal (1,179 )
At 28 February 2014 -
NET BOOK VALUE
At 28 February 2014 -
At 30 September 2012 1,810

ALLEN STEWART ENGINEERING LIMITED (REGISTERED NUMBER: SC349242)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE PERIOD 1 OCTOBER 2012 TO 28 FEBRUARY 2014

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2012
value: £    £   
10 Ordinary £1 10 10

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 February 2014 and
the year ended 30 September 2012:

2014 2012
£    £   
A W Stewart
Balance outstanding at start of period - -
Amounts advanced 924 -
Amounts repaid - -
Balance outstanding at end of period 924 -

Dividends paid to the director, A. Stewart, during the period amounted to £34,181 (year to 30 September
2012: £23,716).