Registered Number 06415810

REED ENGINEERING MECHANICAL SERVICES LTD

Abbreviated Accounts

31 March 2016

REED ENGINEERING MECHANICAL SERVICES LTD Registered Number 06415810

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Investments 2 100 100
100 100
Current assets
Debtors 6,100 6,100
6,100 6,100
Creditors: amounts falling due within one year (5,527 ) (5,527 )
Net current assets (liabilities) 573 573
Total assets less current liabilities 673 673
Total net assets (liabilities) 673 673
Capital and reserves
Called up share capital 100 100
Profit and loss account 573 573
Shareholders' funds 673 673

  • For the year ending 31 March 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 15 December 2016

And signed on their behalf by:
C M Carey, Director

REED ENGINEERING MECHANICAL SERVICES LTD Registered Number 06415810

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1 Accounting Policies

Basis of measurement and preparation of accounts
DORMANT STATUS

The company was dormant (within the meaning of Section 480 of the Companies Act 2006) throughout the year ended 31st March 2016. The company has not traded during the year or during the preceding financial year. During these periods, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Other accounting policies
RELATED PARTY TRANSACTIONS

The company was under the control of Mr C M Carey throughout the period. Mr C M Carey is the managing director and majority shareholder.

Mr C M Carey is also a majority shareholder and director in Reed Engineering Building Services Ltd. Included in trade debtors is £6,000 owed from this related party (2015 - £6,000) and in creditors is £5,428 (2015 - £5,428) owed to this related party. Reed Engineering Building Services Ltd is in liquidation.

Other transactions with related parties are disclosed in note 6 - Transactions with the directors.

2 Fixed assets Investments
The company owns 100% of the issued share capital of Reed M&E Ltd. The subsidiary's aggregate capital and reserves at 31st March 2016 was £316,211 (2015 - £123,573). It made a trading profit of £207,042 for the year ended 31st March 2016 (2015 - £120,223).

3 Transactions with directors

Name of director receiving advance or credit: Mr C M Carey Mr R Harwood
Description of the transaction: Brought forward balance
Balance at 1 April 2015: £ 100
Advances or credits made: -
Advances or credits repaid: -
Balance at 31 March 2016: £ 100

The directors Mr C M Carey and Mr R Harwood had overdrawn balances at the year end. The balances outstanding at the year end were £51 (2014 - £51) and £49 (2014 - £49) respectively.