Privilege Executive Cars Limited - Period Ending 2018-12-31

Privilege Executive Cars Limited - Period Ending 2018-12-31


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Registration number: 08539407

Privilege Executive Cars Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2018

Concorde Company Solutions Limited
Accountants
20A Main Street
Garforth
Leeds
West Yorkshire
LS25 1AA

 

Privilege Executive Cars Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Balance Sheet

4 to 6

Notes to the Financial Statements

5

 

Privilege Executive Cars Limited

Company Information

Director

Mr P A WATSON

Registered office

15 Morwick Grove
Scholes
Leeds
West Yorkshire
LS15 4DS

Accountants

Concorde Company Solutions Limited
Accountants
20A Main Street
Garforth
Leeds
West Yorkshire
LS25 1AA

 

Privilege Executive Cars Limited

Director's Report for the Year Ended 31 December 2018

The director presents his report and the financial statements for the year ended 31 December 2018.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Director of the company

The director who held office during the year was as follows:

Mr P A WATSON

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 7 February 2019 and signed on its behalf by:

.........................................
Mr P A WATSON
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Privilege Executive Cars Limited
for the Year Ended 31 December 2018

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Privilege Executive Cars Limited for the year ended 31 December 2018 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Privilege Executive Cars Limited, 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 Privilege Executive Cars Limited and state those matters that we have agreed to state to the Board of Directors of Privilege Executive Cars Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Privilege Executive Cars Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Privilege Executive Cars Limited 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 Privilege Executive Cars Limited. You consider that Privilege Executive Cars Limited 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 Privilege Executive Cars Limited. 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.

......................................

Concorde Company Solutions Limited
Accountants
20A Main Street
Garforth
Leeds
West Yorkshire
LS25 1AA

7 February 2019

 

Privilege Executive Cars Limited

(Registration number: 08539407)
Balance Sheet as at 31 December 2018

Note

2018
£

2017
£

Fixed assets

 

220,513

97,139

Current assets

 

94,193

92,944

Creditors: Amounts falling due within one year

 

(167,602)

(215,434)

Net current liabilities

 

(73,409)

(122,490)

Total assets less current liabilities

 

147,104

(25,351)

Creditors: Amounts falling due after more than one year

 

(194,458)

(14,182)

Accruals and deferred income

 

(1,800)

(2,200)

   

(49,154)

(41,733)

Capital and reserves

 

(49,154)

(41,733)

 

Privilege Executive Cars Limited

(Registration number: 08539407)
Balance Sheet as at 31 December 2018

Notes to the Financial Statements for the Year Ended 31 December 2018

1

General information

The company is a private company limited by share capital incorporated in England.

The address of its registered office is:
15 Morwick Grove
Scholes
Leeds
West Yorkshire
LS15 4DS
England

The principal place of business is:
Suite 1.4 Morwick Hall
Mortec Business Park
York Road
Leeds
West Yorkshire
LS15 4TA

These financial statements were authorised for issue by the director on 7 February 2019.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

 

Privilege Executive Cars Limited

(Registration number: 08539407)
Balance Sheet as at 31 December 2018

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 December 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 7 February 2019
 

.........................................

Mr P A WATSON

Director