Company Registration No. 05082323 (England and Wales)
Dean Engineering Consultants Limited
Unaudited accounts
for the year ended 31 March 2019
Dean Engineering Consultants Limited
Unaudited accounts
Contents
Dean Engineering Consultants Limited
Company Information
for the year ended 31 March 2019
Company Number
05082323 (England and Wales)
Registered Office
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
Dean Engineering Consultants Limited
Statement of financial position
as at 31 March 2019
Investments
141,109
128,682
Cash at bank and in hand
134,373
110,841
Creditors: amounts falling due within one year
(92,141)
(59,930)
Net current assets
186,257
183,420
Total assets less current liabilities
186,408
183,733
Provisions for liabilities
Net assets
186,379
183,674
Called up share capital
2
2
Profit and loss account
186,377
183,672
Shareholders' funds
186,379
183,674
For the year ending 31 March 2019 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 14 July 2019.
SP Dean
Director
Company Registration No. 05082323
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2019
Dean Engineering Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 05082323. The registered office is 51 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1HG, England. The principal place of business is 90 Somerville Road, Leicester, LE3 2EU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 in full on 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 assets and liabilities are not discounted.
Investments in listed shares are included at cost.
Loans made via peer to peer lending are included at the latest valuations, including interest received less costs and write offs in respect of defaulters.
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2018
488
297
2,598
3,383
At 31 March 2019
488
297
2,598
3,383
At 1 April 2018
381
203
2,486
3,070
Charge for the year
27
23
112
162
At 31 March 2019
408
226
2,598
3,232
At 31 March 2019
80
71
-
151
At 31 March 2018
107
94
112
313
Accrued income and prepayments
516
460
6
Investments held as current assets
2019
2018
Listed investments
49,997
39,997
Unlisted investments
91,112
88,685
Current asset investments comprise of:
Portfolio of quoted shares £49,997 (2018: £39,997) at cost
Peer to peer lending £91,112 (2018: £88,685) at latest valuation
7
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
14,561
14,973
Loans from directors
76,830
44,735
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2019
9
Transactions with related parties
SP Dean (director and shareholder)
Dividends paid in the year £45,250 (2018: £42,900)
Loan account owed to SP Dean £76,830 (2018: £44,735)
10
Average number of employees
During the year the average number of employees was 2 (2018: 1).
