REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2018 |
FOR |
TRUST ENGINEERING SERVICES LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 JULY 2018 |
FOR |
TRUST ENGINEERING SERVICES LTD |
TRUST ENGINEERING SERVICES LTD (REGISTERED NUMBER: 06953490) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 July 2018 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
TRUST ENGINEERING SERVICES LTD |
COMPANY INFORMATION |
for the year ended 31 July 2018 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
19-20 Bourne Court |
Southend Road |
Woodford Green |
Essex |
IG8 8HD |
TRUST ENGINEERING SERVICES LTD (REGISTERED NUMBER: 06953490) |
ABRIDGED BALANCE SHEET |
31 July 2018 |
2018 | 2017 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 3 |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
TRUST ENGINEERING SERVICES LTD (REGISTERED NUMBER: 06953490) |
ABRIDGED BALANCE SHEET - continued |
31 July 2018 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
TRUST ENGINEERING SERVICES LTD (REGISTERED NUMBER: 06953490) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 July 2018 |
1. | STATUTORY INFORMATION |
Trust Engineering Services Ltd is a |
company's registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents amounts receivable on equipment finance leases |
Leasing |
Lease rentals received are analysed between capital and interest components so that the interest element of the |
receipt is recognised in the profit and loss account over the period of the lease and is calculated so that it |
represents a constant proportion of the balance of capital receivables outstanding. The capital part reduces the |
amount receivable from the lessee. |
3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2018 | 2017 |
£ | £ |
Other debtors |
4. | FIRST YEAR ADOPTION |
The company has adopted FRS 102 for the year ended 31 July 2017, with the date of transition being 1 August |
2016. On transition management have considered the effect of any changes in accounting treatment from UK |
GAAP to FRS 102 for this company but do not consider there to be any material changes that would warrant |
restatement of the comparative financials. |