Paul Lyons Automotive Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06913896 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

FOR

PAUL LYONS AUTOMOTIVE LIMITED

Page

Balance Sheet

1

CURRENT ASSETS

26,432

14,897

CREDITORS

Amounts falling due within one year

(23,982

)

(13,543

)

NET CURRENT ASSETS

2,450

1,354

TOTAL ASSETS LESS CURRENT LIABILITIES

2,450

1,354

CAPITAL AND RESERVES

2,450

1,354

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Paul Lyons Automotive Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address are as below:

Registered number:

06913896

Registered office:

14-15 Harelands Courtyard Offices

Moor Road

Melsonby

Richmond

North Yorkshire

DL10 5NY

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2018 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2019 and

31 May 2018:

2019

2018

£

£

Mr P W Lyons

Balance outstanding at start of year

13,899

(7,518

)

Amounts advanced

69,866

59,723

Amounts repaid

(76,799

)

(38,306

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,966

13,899

All advances to the directors are repayable on demand and interest is charged at the official rate

published by HM Revenue and Customs. The maximum amount the directors loan account was

overdrawn during the year was £43,597 (2018 - £20,743).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director on 31 March 2020 and were signed by:

Mr P W Lyons - Director