Company Registration No. 05082323 (England and Wales)
Dean Engineering Consultants Limited
Unaudited accounts
for the year ended 31 March 2017
Dean Engineering Consultants Limited
Unaudited accounts
Contents
Dean Engineering Consultants Limited
Company Information
for the year ended 31 March 2017
Company Number
05082323 (England and Wales)
Registered Office
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
Dean Engineering Consultants Limited
Statement of financial position
as at 31 March 2017
Cash at bank and in hand
193,148
220,745
Creditors: amounts falling due within one year
(65,543)
(69,505)
Net current assets
178,183
161,627
Total assets less current liabilities
178,675
162,084
Provisions for liabilities
Net assets
178,582
161,993
Called up share capital
2
2
Profit and loss account
178,580
161,991
Shareholders' funds
178,582
161,993
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 13 October 2017.
SP Dean
Director
Company Registration No. 05082323
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2017
Dean Engineering Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 05082323. The principal place of business is 90 Somerville Road, Leicester, LE3 2EU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Dean Engineering Consultants Limited
Notes to the Accounts
for the year ended 31 March 2017
Investments in listed shares are included at cost.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2016
488
297
2,262
3,047
At 31 March 2017
488
297
2,598
3,383
At 1 April 2016
298
130
2,162
2,590
Charge for the year
47
42
212
301
At 31 March 2017
345
172
2,374
2,891
At 31 March 2017
143
125
224
492
At 31 March 2016
190
167
100
457
Accrued income and prepayments
409
427
6
Investments held as current assets
2017
2016
Listed investments
41,529
-
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
17,130
15,679
Loans from directors
47,568
53,010
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2016: 1).
