F.M.P. MOTOR FACTORS LIMITED

F.M.P. MOTOR FACTORS LIMITED

F.M.P. MOTOR FACTORS LIMITED - Company Information

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F.M.P. MOTOR FACTORS LIMITED

Company Registration Number:
05179124 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

F.M.P. MOTOR FACTORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

F.M.P. MOTOR FACTORS LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
2017


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 96,026 80,636
Investments: 4 3,200 116,937
Total fixed assets: 99,226 197,573
Current assets
Stocks: 1,190,892 914,605
Debtors:   1,125,210 872,112
Cash at bank and in hand: 57,989 69,895
Total current assets: 2,374,091 1,856,612
Creditors: amounts falling due within one year:   (1,859,197) (1,768,398)
Net current assets (liabilities): 514,894 88,214
Total assets less current liabilities: 614,120 285,787
Creditors: amounts falling due after more than one year:   (47,399) (19,799)
Provision for liabilities: (18,245) (16,127)
Total net assets (liabilities): 548,476 249,861
Capital and reserves
Called up share capital: 10 10
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 548,466 249,851
Shareholders funds: 548,476 249,861

The notes form part of these financial statements

F.M.P. MOTOR FACTORS LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 July 2019
and signed on behalf of the board by:

Name: Colin Thomas
Status: Director

The notes form part of these financial statements

F.M.P. MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

F.M.P. MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Employees

2018 2017
Average number of employees during the period 73 56

F.M.P. MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Tangible Assets

Total
Cost £
At 01 January 2018 255,986
Additions 64,392
Disposals (71,398)
Revaluations 0
Transfers 0
At 31 December 2018 248,980
Depreciation
At 01 January 2018 175,350
Charge for year 31,036
On disposals (53,432)
Other adjustments 0
At 31 December 2018 152,954
Net book value
At 31 December 2018 96,026
At 31 December 2017 80,636

F.M.P. MOTOR FACTORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Fixed investments

Investment and Shares 2018 - £3200 2017 - £116937