Accounts filed on 30-09-2016


Registered number: 02176988






Scimar Engineering Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016
























Prepared By:
Cooks-Chartered Accountants
Zone 2
Wrentham Business Centre
Prospect Park
Exeter
EX4 6NA


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30 September 2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 02176988


Registered Number: 02176988

BALANCE SHEET AT 30 SEPTEMBER 2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		3,113		4,066
Investments	3		39,300		39,300

			42,413		43,366

CURRENT ASSETS
Stock		7,819		5,270
Debtors (amounts falling due within one year)	4	16,537		50,633
Cash at bank and in hand		12,380		5,731
		36,736		61,634
CREDITORS: Amounts falling due within one year		78,079		94,753
NET CURRENT LIABILITIES			(41,343)		(33,119)
TOTAL ASSETS LESS CURRENT LIABILITIES			1,070		10,247

CAPITAL AND RESERVES

Called up share capital	5		1,000		1,000
Profit and loss account			70		9,247
SHAREHOLDERS' FUNDS			1,070		10,247

For the year ending 30 September 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the board on 30 September 2016 and signed on their behalf by




T Crocker Esq
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Fixtures and Fittings		reducing balance 15%




1c. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




1f. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.




4. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	16,537	50,477
Other debtors	-	156
	16,537	50,633




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000