Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Temm Engineering Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Temm Engineering Ltd
for the Year Ended 30 November 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Temm Engineering Ltd for the year ended 30 November 2014 set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional -standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Temm Engineering Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Temm Engineering Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www2.accaglobal.com/pubs/members/publications/technical_factsheets/downloads/163.doc. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Temm Engineering Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Temm Engineering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Temm Engineering Ltd. You consider that Temm Engineering Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Temm Engineering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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NA Associates LLP
Chartered Certified Accountants
Woodgate Studios
2-8 Games Road
Cockfosters
Hertfordshire
EN4 9HN
27 November 2015
Temm Engineering Ltd
(Registration number: 06005300)
Abbreviated Balance Sheet at 30 November 2014
Note |
2014
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2013
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Creditors: Amounts falling due after more than one year |
( |
- |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
( |
( |
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Shareholders' deficit |
( |
( |
Approved by the director on
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N G Angonas
Director
2
Temm Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued
Accounting policies |
Basis of preparation
Exemption from preparing group accounts
Going concern
The financial statements have been prepared on the going concern basis, which is dependent upon the continuing financial support of creditors, who were owed $6,551,963 at the balance sheet date. The directors are of the opinion that these creditors will continue to provide financial support to the company. No provision has been made against debtors of $2,915,140 which have been outstanding for over 12 months, because in the opinion of the directors, these balances are recoverable. The directors are therefore of the opinion that the going concern basis is appropriate.
Fixed asset investments
Foreign currency
Financial instruments
Temm Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2014
......... continued
Fixed assets |
Investments
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Total
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Cost |
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At 1 December 2013 |
892 |
892 |
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At 30 November 2014 |
892 |
892 |
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Depreciation |
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At 30 November 2014 |
- |
- |
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Net book value |
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At 30 November 2014 |
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At 30 November 2013 |
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Details of undertakings |
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Country of incorporation |
Holding |
Proportion of voting rights and shares held |
Principal activity |
Subsidiary undertakings |
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Russia |
Ordinary |
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Russia |
Ordinary |
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The loss for the financial period of OOO "Donata" was $126,454 and the aggregate amount of capital and reserves at the end of the period was ($1,250,890).
The loss for the financial period of OOO "Sfera" was $9,957 and the aggregate amount of capital and reserves at the end of the period was $9,108.
Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
$ |
No. |
$ |
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