www.processengineer.co.uk Ltd - Abbreviated accounts 16.1

www.processengineer.co.uk Ltd - Abbreviated accounts 16.1

WWW.PROCESSENGINEER.CO.UK LIMITED - Company Information

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SC261410 1.2.15 31.1.16 31.1.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2614102015-01-31SC2614102016-01-31SC2614102015-02-012016-01-31SC2614102014-01-31SC2614102014-02-012015-01-31SC2614102015-01-31SC261410ns12:Scotland2015-02-012016-01-31SC261410ns14:PoundSterling2015-02-012016-01-31SC261410ns7:Director12015-02-012016-01-31SC261410ns7:Director22015-02-012016-01-31SC261410ns7:OrdinaryShareClass12015-02-012016-01-31SC261410ns7:CompanySecretary2015-02-012016-01-31SC261410ns7:RegisteredOffice2015-02-012016-01-31SC261410ns7:EntityAccountantsOrAuditors2015-02-012016-01-31SC261410ns5:ComputerEquipment2015-02-012016-01-31SC261410ns7:OrdinaryShareClass12016-01-31SC261410ns7:OrdinaryShareClass12015-01-31
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REGISTERED NUMBER: SC261410 (Scotland)


















Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

www.processengineer.co.uk Ltd

www.processengineer.co.uk Ltd (Registered number: SC261410)






Contents of the Abbreviated Accounts
for the Year Ended 31 January 2016

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

www.processengineer.co.uk Ltd

Company Information
for the Year Ended 31 January 2016







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DIRECTORS: P J Langrish
C A Langrish





SECRETARY: P J Langrish





REGISTERED OFFICE: 127 Spring Garden
Aberdeen
AB25 1DG





REGISTERED NUMBER: SC261410 (Scotland)





ACCOUNTANTS: MMG Archbold
Chartered Accountants
182 High Street
Montrose
ANGUS
DD10 8PH
Page 1
www.processengineer.co.uk Ltd (Registered number: SC261410)

Abbreviated Balance Sheet
31 January 2016

2016 2015
Notes £    £    £    £   
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FIXED ASSETS
Tangible assets 2 513 685

CURRENT ASSETS
Cash at bank 342,609 391,676

CREDITORS
Amounts falling due within one year 1,988 14,474
NET CURRENT ASSETS 340,621 377,202
TOTAL ASSETS LESS CURRENT
LIABILITIES
341,134
377,887

CAPITAL AND RESERVES
Called up share capital 3 10 10
Profit and loss account 341,124 377,877
SHAREHOLDERS' FUNDS 341,134 377,887

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 15 July 2016 and were signed on its behalf by:




P J Langrish - Director



C A Langrish - Director


The notes form part of these abbreviated accounts

Page 2
www.processengineer.co.uk Ltd (Registered number: SC261410)

Notes to the Abbreviated Accounts
for the Year Ended 31 January 2016
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1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The directors have a reasonable expectation that the company has adequate resources to continue in
operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of
accounting in preparing the annual financial statements.

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 and profit on ordinary activities before taxation are attributable to process engineering.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 25% on reducing balance

Contracts for services
Where the substance of a contract is that the contractual obligations are performed gradually over time,
revenue is recognised as contract activity progresses to reflect the partial performance of our contractual
obligations. The amount of revenue included reflects the accrual of the right to consideration as contract
activity progresses by reference to value of the work performed.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2015
and 31 January 2016 1,199
DEPRECIATION
At 1 February 2015 514
Charge for year 172
At 31 January 2016 686
NET BOOK VALUE
At 31 January 2016 513
At 31 January 2015 685

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
10 Ordinary £1 10 10

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