Step Change Engineering Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC479967 (Scotland)

Abbreviated Unaudited Accounts

for the Period 12 June 2014 to 31 December 2014

for

Step Change Engineering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

C J Bruce

SECRETARY:

Bondlaw Secretaries Limited

REGISTERED OFFICE:

13 Albyn Terrace

Aberdeen

Aberdeenshire

AB10 1YP

REGISTERED NUMBER:

SC479967 (Scotland)

ACCOUNTANTS:

Grampian Accounting

3 Prospect Place

Arnhall Business Park

Westhill

Aberdeenshire

AB32 6SY

FIXED ASSETS

Tangible assets

2

15,469

CURRENT ASSETS

Debtors

22,610

Cash at bank

86,568

109,178

CREDITORS

Amounts falling due within one year

228,759

NET CURRENT LIABILITIES

(119,581

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(104,112

)

CAPITAL AND RESERVES

Called up share capital

3

300

Share premium

59,700

Profit and loss account

(164,112

)

SHAREHOLDERS' FUNDS

(104,112

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 September 2015 and were signed by:

C J Bruce - 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 goods, 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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

16,540

At 31 December 2014

16,540

DEPRECIATION

Charge for period

1,071

At 31 December 2014

1,071

NET BOOK VALUE

At 31 December 2014

15,469

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

300

Ordinary

1

300