Abbreviated Company Accounts - THE BLOCKLEY TYRE COMPANY LIMITED

Abbreviated Company Accounts - THE BLOCKLEY TYRE COMPANY LIMITED

THE BLOCKLEY TYRE COMPANY LIMITED - Company Information

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Registered Number 04379099

THE BLOCKLEY TYRE COMPANY LIMITED

Abbreviated Accounts

31 March 2014

THE BLOCKLEY TYRE COMPANY LIMITED Registered Number 04379099

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 30,639 21,965
30,639 21,965
Current assets
Stocks 721,447 643,014
Debtors 87,743 83,861
Cash at bank and in hand - 45,930
809,190 772,805
Creditors: amounts falling due within one year (721,445) (686,205)
Net current assets (liabilities) 87,745 86,600
Total assets less current liabilities 118,384 108,565
Total net assets (liabilities) 118,384 108,565
Capital and reserves
Called up share capital 1 1
Profit and loss account 118,383 108,564
Shareholders' funds 118,384 108,565
  • For the year ending 31 March 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 18 July 2014

And signed on their behalf by:
J. Majzub, Director

THE BLOCKLEY TYRE COMPANY LIMITED Registered Number 04379099

Notes to the Abbreviated Accounts for the period ended 31 March 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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Plant and machinery 20% straight line

2Tangible fixed assets
£
Cost
At 1 April 2013 314,988
Additions 18,887
Disposals -
Revaluations -
Transfers -
At 31 March 2014 333,875
Depreciation
At 1 April 2013 293,023
Charge for the year 10,213
On disposals -
At 31 March 2014 303,236
Net book values
At 31 March 2014 30,639
At 31 March 2013 21,965