Accounts filed on 31-01-2016
Accounts filed on 31-01-2016
trueMP Performance Engineering Limited083482352016-01-31184701730118570174011001001857017401185701740118570174013310819834516783723538576267481310210487Basis 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
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.
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.Ordinary1001100100Ordinary1100100100During the year the director paid expenses on behalf of the company totalling £3,334 (2015 - £5,752) and the company repaid £1,432 (2015 - £534) to the director. Transactions with the director are interest free, unsecured and repayable on demand.2016-10-25M L Phippstruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureMP Performance Engineering Limited2015-02-012016-01-31MP Performance Engineering Limited2014-02-012015-01-31MP Performance Engineering Limited2014-01-31MP Performance Engineering Limited2015-01-31MP Performance Engineering Limited2015-01-31MP Performance Engineering Limited2016-01-31 2016-10-28
