Herts and Essex Motor Company Ltd - Accounts to registrar (filleted) - small 18.2
Herts and Essex Motor Company Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 31 May 2018 |
| for |
| Herts and Essex Motor Company Ltd |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Contents of the Financial Statements |
| for the Year Ended 31 May 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 7 |
| Herts and Essex Motor Company Ltd |
| Company Information |
| for the Year Ended 31 May 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 9-13 Holbrook Lane |
| Coventry |
| CV6 4AD |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Statement of Financial Position |
| 31 May 2018 |
| 31.5.18 | 31.5.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Inventories | 5 |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Statement of Financial Position - continued |
| 31 May 2018 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director on |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Notes to the Financial Statements |
| for the Year Ended 31 May 2018 |
| 1. | STATUTORY INFORMATION |
| Herts and Essex Motor Company Ltd is a |
| and Wales. The company's registered number and registered office address can be found on the |
| Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Inventories are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 May 2018 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 June 2017 |
| Additions |
| At 31 May 2018 |
| DEPRECIATION |
| At 1 June 2017 |
| Charge for year |
| At 31 May 2018 |
| NET BOOK VALUE |
| At 31 May 2018 |
| At 31 May 2017 |
| 5. | INVENTORIES |
| 31.5.18 | 31.5.17 |
| £ | £ |
| Stocks |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.18 | 31.5.17 |
| £ | £ |
| Trade debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.5.18 | 31.5.17 |
| £ | £ |
| Trade creditors |
| Wages Payable | 3,268 | - |
| Corporation Tax |
| Social security and other taxes |
| Value Added Tax | 4,499 | 30,765 |
| Directors' current accounts | 13,880 | 13,881 |
| Herts and Essex Motor Company Ltd (Registered number: 09592705) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 May 2018 |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.5.18 | 31.5.17 |
| £ | £ |
| Loan Account | 816,916 | 816,916 |
| Close Bros Ltd | 88,888 | - |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.5.18 | 31.5.17 |
| value: | £ | £ |
| Ordinary Shares | 1 | 1 | 1 |
| 10. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 June 2017 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 May 2018 |
| Herts and Essex Motor Company Ltd |
| Report of the Accountants to the Director of |
| Herts and Essex Motor Company Ltd |
| The following reproduces the text of the report prepared for the director in respect of the company's |
| annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
| only required to file a Statement of Financial Position. Readers are cautioned that the Income |
| Statement and certain other primary statements and the Report of the Director are not required to be |
| filed with the Registrar of Companies. |
| As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 May 2018 set out on pages nil to nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Bridge House |
| 9-13 Holbrook Lane |
| Coventry |
| CV6 4AD |
| Date: ............................................. |