Perceptive Engineering Limited - Limited company - abbreviated - 11.6
Perceptive Engineering Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
FOR |
PERCEPTIVE ENGINEERING LIMITED |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
PERCEPTIVE ENGINEERING LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
ABBREVIATED BALANCE SHEET |
31 DECEMBER 2014 |
31.12.14 | 31.12.13 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
Investments | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Share premium account |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
ABBREVIATED BALANCE SHEET - continued |
31 DECEMBER 2014 |
The financial statements were approved by the Board of Directors on |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Intellectual property |
Acquired Intellectual property is valued at cost less accumulated amortisation. Amortisation is calculated to |
write off the cost in equal instalments over their estimated useful life of 20 years. |
Tangible fixed assets |
Fixtures and fittings | - |
Office equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Research and development |
Expenditure on research and development is written off in the year in which it is incurred. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to the profit and loss account in the period to which they relate. |
Government grants |
Grants are credited to revenue. Grants towards capital expenditure are released to the profit and loss account |
over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss |
account as the related expenditure is incurred. |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 January 2014 |
and 31 December 2014 |
AMORTISATION |
At 1 January 2014 |
Amortisation for year |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST OR VALUATION |
At 1 January 2014 |
Additions |
Impairments | (60,474 | ) |
At 31 December 2014 |
DEPRECIATION |
At 1 January 2014 |
Charge for year |
Impairments | ( |
) |
At 31 December 2014 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
PERCEPTIVE ENGINEERING LIMITED (REGISTERED NUMBER: 04589932) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2014 |
4. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 January 2014 | 21,913 |
Disposals | (4,782 | ) |
At 31 December 2014 | 17,131 |
NET BOOK VALUE |
At 31 December 2014 |
At 31 December 2013 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Country of incorporation: Singapore |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 70.00 |
£ | £ |
Aggregate capital and reserves | (171,517 | ) | (10,090 | ) |
Loss for the year/period | (161,427 | ) | (34,002 | ) |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.14 | 31.12.13 |
value: | £ | £ |
Ordinary | 1p |
The redeemable A shares were redeemed on 17 October 2014. |
The redeemable B shares were redeemed on 17 October 2014. |