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REGISTERED NUMBER: 08473162 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

GREENWOOD & BLACKBURN ENGINEERING
LIMITED

GREENWOOD & BLACKBURN ENGINEERING
LIMITED (REGISTERED NUMBER: 08473162)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

GREENWOOD & BLACKBURN ENGINEERING
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2015







DIRECTORS: S Blackburn
A Greenwood





REGISTERED OFFICE: Unit 12 & 13a
Black Dyke Mills
Queensbury
Bradford
West Yorkshire
BD13 1QA





REGISTERED NUMBER: 08473162 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Birkby House
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4JJ

GREENWOOD & BLACKBURN ENGINEERING
LIMITED (REGISTERED NUMBER: 08473162)

ABBREVIATED BALANCE SHEET
31 MARCH 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 32,000 36,000
Tangible assets 3 75,730 89,288
107,730 125,288

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 82,033 97,473
Cash in hand 320 844
84,353 100,317
CREDITORS
Amounts falling due within one year 171,321 202,112
NET CURRENT LIABILITIES (86,968 ) (101,795 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,762

23,493

CREDITORS
Amounts falling due after more than
one year

(12,667
)
(14,467
)

PROVISIONS FOR LIABILITIES (5,265 ) (7,750 )
NET ASSETS 2,830 1,276

GREENWOOD & BLACKBURN ENGINEERING
LIMITED (REGISTERED NUMBER: 08473162)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2015

2015 2014
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 2,828 1,274
SHAREHOLDERS' FUNDS 2,830 1,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 11 August 2015 and were signed on
its behalf by:




S Blackburn - Director



A Greenwood - Director


GREENWOOD & BLACKBURN ENGINEERING
LIMITED (REGISTERED NUMBER: 08473162)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc - 25% on reducing balance and 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

GREENWOOD & BLACKBURN ENGINEERING
LIMITED (REGISTERED NUMBER: 08473162)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2015

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 40,000
AMORTISATION
At 1 April 2014 4,000
Amortisation for year 4,000
At 31 March 2015 8,000
NET BOOK VALUE

At 31 March 2015 32,000
At 31 March 2014 36,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014 107,130
Additions 4,125
At 31 March 2015 111,255
DEPRECIATION
At 1 April 2014 17,842
Charge for year 17,683
At 31 March 2015 35,525
NET BOOK VALUE
At 31 March 2015 75,730
At 31 March 2014 89,288

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary 1 2 2