Accounts filed on 31-12-2015
Accounts filed on 31-12-2015
trueAmroe Engineering Limited086831422015-12-3112447832244883100100224488315803824883-4103299201502599919740292981199356477472873479215847921584Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover comprises the value of sales excluding Value Added Tax.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Pension costs
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date where transactions or events have occurred at that date that will result in an obligation
to pay more, or a right to pay less or to receive more tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods
in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the
balance sheet date.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Computer equipmentstraight line0.3330237723771585793792237723771585793792Ordinary1000110001000Ordinary1100100100The director's loan account of £8,990 included in debtors (2014 : £438 included in creditors) is unsecured, repayable on demand and currently interest free.2016-03-02B J Roebucktruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureAmroe Engineering Limited2015-01-012015-12-31Amroe Engineering Limited2013-09-092014-12-31Amroe Engineering Limited2013-09-08Amroe Engineering Limited2014-12-31Amroe Engineering Limited2014-12-31Amroe Engineering Limited2015-12-31 2016-03-22
