TCB Fluids Engineering Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC378559 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2016

for

TCB Fluids Engineering Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Erridge

S Erridge

REGISTERED OFFICE:

Howe View

Little Cloffrickford

Auchnagatt

Ellon

Aberdeenshire

AB41 8YD

REGISTERED NUMBER:

SC378559 (Scotland)

ACCOUNTANTS:

SBP

Accountants

49 Carden Place

Aberdeen

AB10 1UN

FIXED ASSETS

Tangible assets

2

298

694

CURRENT ASSETS

Debtors

1,679

9,534

Cash at bank

21,298

32,893

22,977

42,427

CREDITORS

Amounts falling due within one year

24,974

29,567

NET CURRENT (LIABILITIES)/ASSETS

(1,997

)

12,860

TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,699

)

13,554

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(1,701

)

13,552

SHAREHOLDERS' FUNDS

(1,699

)

13,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 26 July 2016 and were signed on its behalf by:

J Erridge - 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 January 2015).

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.

Computer equipment

-

33% on cost

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

At 1 June 2015

and 31 May 2016

1,647

DEPRECIATION

At 1 June 2015

953

Charge for year

396

At 31 May 2016

1,349

NET BOOK VALUE

At 31 May 2016

298

At 31 May 2015

694

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1

ordinary

1

2