Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Temm Engineering Ltd
Contents
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Temm Engineering Ltd
(Registration number: 06005300)
Abbreviated Balance Sheet at 30 November 2015
Note |
2015
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2014
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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 (liabilities)/assets |
( |
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Total assets less current liabilities |
( |
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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
1
Temm Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... 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 $6,785,055 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 $2,336,235 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
The excepional item relates to the exchange loss arising as at the balance sheet date on the conversion of Promissory Notes which are denoted in Russian Roubles.
Temm Engineering Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 November 2015
......... continued
Fixed assets |
Investments
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Total
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Cost |
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At 1 December 2014 |
892 |
892 |
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At 30 November 2015 |
892 |
892 |
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Depreciation |
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At 30 November 2015 |
- |
- |
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Net book value |
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At 30 November 2015 |
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At 30 November 2014 |
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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 financial statements for both subsidiaries were not available.
Share capital |
Allotted, called up and fully paid shares
2015 |
2014 |
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No. |
$ |
No. |
$ |
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