ELECTROCOIN AUTOMATICS LIMITED

Company Registration Number:
01256046 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2017

Period of accounts

Start date: 01 April 2016

End date: 31 March 2017

ELECTROCOIN AUTOMATICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2017

Balance sheet
Notes

ELECTROCOIN AUTOMATICS LIMITED

Balance sheet

As at 31 March 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 3,204,878 3,215,835
Total fixed assets: 3,204,878 3,215,835
Current assets
Stocks: 448,785 345,720
Debtors:   1,770,906 1,638,644
Cash at bank and in hand: 26,980 54,079
Total current assets: 2,246,671 2,038,443
Creditors: amounts falling due within one year:   (700,703) (792,860)
Net current assets (liabilities): 1,545,968 1,245,583
Total assets less current liabilities: 4,750,846 4,461,418
Creditors: amounts falling due after more than one year:   (5,533,841) (5,285,053)
Total net assets (liabilities): (782,995) (823,635)
Capital and reserves
Called up share capital: 20,000 20,000
Profit and loss account: (802,995) (843,635)
Shareholders funds: (782,995) (823,635)

The notes form part of these financial statements

ELECTROCOIN AUTOMATICS LIMITED

Balance sheet statements

For the year ending 31 March 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 November 2017
and signed on behalf of the board by:

Name: JOHN STERGIDES
Status: Director

The notes form part of these financial statements

ELECTROCOIN AUTOMATICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELECTROCOIN AUTOMATICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2017


2. Tangible Assets

Total
Cost £
At 01 April 2016 5,211,714
Additions 11,098
At 31 March 2017 5,222,812
Depreciation
At 01 April 2016 1,995,879
Charge for year 22,055
At 31 March 2017 2,017,934
Net book value
At 31 March 2017 3,204,878
At 31 March 2016 3,215,835