| ABC Aviation Engineers Limited |
| Registered Number:03931744 |
For the year ended 28 February 2017
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2017
ABC Aviation Engineers Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
ABC Aviation Engineers Limited
Statement of Financial Position
2016
2017
| Property, plant and equipment |
4,407
6,278
2
4,407
6,278
| Trade and other receivables |
2,000
3,745
3
17,905
| Cash and cash equivalents |
3,549
7,294
19,905
| Trade and other payables: amounts falling due |
| within one year |
(25,854)
(11,460)
4
(5,949)
(4,166)
Net current liabilities
| Total assets less current liabilities |
241
329
241
Net assets
329
7
5
234
324
241
329
Shareholders' funds
| For the year ended 28 February 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2017 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been |
| delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
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For the year ended 28 February 2017
ABC Aviation Engineers Limited
Statement of Financial Position Continued
| Andrew Kenneth Baldwin Director |
| These financial statements were approved and authorised for issue by the Board on 21 November 2017 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 28 February 2017
ABC Aviation Engineers Limited
Notes to the Financial Statements
Statutory Information
| ABC Aviation Engineers Limited is a private limited company, limited by shares, domiciled in |
| England and Wales, registration number 03931744. |
Acorn Hollow
Chequers Road
Tharston
Norfolk
NR15 2YA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section |
| 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the |
| UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
| been prepared under the historical costs convention as modified by the revaluation of certain |
| assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Tools and equipment
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For the year ended 28 February 2017
ABC Aviation Engineers Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
32,766
17,538
15,228
15,228
17,538
32,766
| Provision for depreciation and impairm |
| ent |
26,488
15,670
10,818
Charge for year
1,871
1,209
662
28,359
16,879
11,480
3,748
659
4,407
4,410
1,868
6,278
| 3. Trade and other receivables |
2016
2017
2,091
-
1,654
2,000
2,000
3,745
| 4. Trade and other payables: amounts falling due within one year |
2016
2017
| Taxation and social security |
10,403
11,210
1,057
14,644
11,460
25,854
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