Abbreviated Company Accounts - INDIAN MOTORCYCLES LIMITED

Abbreviated Company Accounts - INDIAN MOTORCYCLES LIMITED

INDIAN MOTORCYCLES LIMITED - Company Information

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Registered Number SC161760

INDIAN MOTORCYCLES LIMITED

Abbreviated Accounts

30 April 2014

INDIAN MOTORCYCLES LIMITED Registered Number SC161760

Abbreviated Balance Sheet as at 30 April 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 227,783 227,783
Tangible assets 3 760 1,013
228,543 228,796
Current assets
Debtors 1,059 1,053
Cash at bank and in hand 4,239 7,776
5,298 8,829
Creditors: amounts falling due within one year (548,844) (537,411)
Net current assets (liabilities) (543,546) (528,582)
Total assets less current liabilities (315,003) (299,786)
Total net assets (liabilities) (315,003) (299,786)
Capital and reserves
Called up share capital 100 100
Profit and loss account (315,103) (299,886)
Shareholders' funds (315,003) (299,786)
  • For the year ending 30 April 2014 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 3 February 2015

And signed on their behalf by:
Alan Forbes, Director

INDIAN MOTORCYCLES LIMITED Registered Number SC161760

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Intangible fixed assets
£
Cost
At 1 May 2013 227,783
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2014 227,783
Amortisation
At 1 May 2013 -
Charge for the year -
On disposals -
At 30 April 2014 -
Net book values
At 30 April 2014 227,783
At 30 April 2013 227,783
3Tangible fixed assets
£
Cost
At 1 May 2013 14,054
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2014 14,054
Depreciation
At 1 May 2013 13,041
Charge for the year 253
On disposals -
At 30 April 2014 13,294
Net book values
At 30 April 2014 760
At 30 April 2013 1,013