Globetec Engineering Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05716250 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 MAY 2014

FOR

GLOBETEC ENGINEERING SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P Jackson

L Jackson

SECRETARY:

L Jackson

REGISTERED OFFICE:

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

REGISTERED NUMBER:

05716250 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Tangible assets

2

1,830

1,462

CURRENT ASSETS

Debtors

4,417

10,308

Cash at bank

4,347

-

8,764

10,308

CREDITORS

Amounts falling due within one year

9,284

10,936

NET CURRENT LIABILITIES

(520

)

(628

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,310

834

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,210

734

SHAREHOLDERS' FUNDS

1,310

834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 2014 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.

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 12 February 2015 and were signed on its behalf by:

P Jackson - Director

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.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 31 May 2013

3,144

Additions

977

At 30 May 2014

4,121

DEPRECIATION

At 31 May 2013

1,682

Charge for year

609

At 30 May 2014

2,291

NET BOOK VALUE

At 30 May 2014

1,830

At 30 May 2013

1,462

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100