Banks & Cope Engineering Limited - Abbreviated accounts 16.1

Banks & Cope Engineering Limited - Abbreviated accounts 16.1

BANKS & COPE ENGINEERING LIMITED - Company Information

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REGISTERED NUMBER: 03545720 (England and Wales)












ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

BANKS & COPE ENGINEERING LIMITED

BANKS & COPE ENGINEERING LIMITED (REGISTERED NUMBER: 03545720)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Certified Accountants' Report 6

BANKS & COPE ENGINEERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2015







DIRECTORS: D Banks
L Cope





SECRETARY: D Banks





REGISTERED OFFICE: 661 High Street
Kingswinford
West Midlands
DY6 8AL





REGISTERED NUMBER: 03545720 (England and Wales)





ACCOUNTANTS: French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL
Page 1
BANKS & COPE ENGINEERING LIMITED (REGISTERED NUMBER: 03545720)

ABBREVIATED BALANCE SHEET
31ST DECEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 3,250 3,750
Tangible assets 3 2,387 3,160
5,637 6,910

CURRENT ASSETS
Debtors 29,017 26,550
Cash at bank 81,034 83,261
110,051 109,811
CREDITORS
Amounts falling due within one year 92,441 101,227
NET CURRENT ASSETS 17,610 8,584
TOTAL ASSETS LESS CURRENT
LIABILITIES
23,247
15,494

PROVISIONS FOR LIABILITIES 477 632
NET ASSETS 22,770 14,862

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 22,670 14,762
SHAREHOLDERS' FUNDS 22,770 14,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 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 notes form part of these abbreviated accounts

Page 2 continued...
BANKS & COPE ENGINEERING LIMITED (REGISTERED NUMBER: 03545720)

ABBREVIATED BALANCE SHEET - continued
31ST DECEMBER 2015


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 16th September 2016 and were signed on its
behalf by:





D Banks - Director


The notes form part of these abbreviated accounts

Page 3
BANKS & COPE ENGINEERING LIMITED (REGISTERED NUMBER: 03545720)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2015

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 goods and/or services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

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

Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2015
and 31st December 2015 10,000
AMORTISATION
At 1st January 2015 6,250
Amortisation for year 500
At 31st December 2015 6,750
NET BOOK VALUE

At 31st December 2015 3,250
At 31st December 2014 3,750

Page 4 continued...
BANKS & COPE ENGINEERING LIMITED (REGISTERED NUMBER: 03545720)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st January 2015
and 31st December 2015 9,898
DEPRECIATION
At 1st January 2015 6,738
Charge for year 773
At 31st December 2015 7,511
NET BOOK VALUE
At 31st December 2015 2,387
At 31st December 2014 3,160

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary 1 100 100

Page 5
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BANKS & COPE ENGINEERING LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)
have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Banks & Cope Engineering Limited for the year ended 31st December 2015 which comprise the
Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Banks & Cope Engineering Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Banks & Cope Engineering Limited and state those matters that we have agreed to state to the Board of Directors of Banks & Cope Engineering Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Banks & Cope Engineering Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Banks & Cope Engineering Limited. You consider that Banks & Cope Engineering Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Banks & Cope Engineering Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL


16th September 2016

This page does not form part of the abbreviated accounts

Page 6