Auto Vivendi Limited - Limited company - abbreviated - 11.6
Auto Vivendi Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2014 |
| FOR |
| AUTO VIVENDI LIMITED |
| PREVIOUSLY KNOWN AS |
| E25 SHC LIMITED |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Report of the Accountants | 8 |
| AUTO VIVENDI LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JULY 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| ABBREVIATED BALANCE SHEET |
| 31 JULY 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Capital redemption reserve |
| Profit and loss account | ( |
) |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 JULY 2014 |
| The financial statements were approved and authorised for issue by the Board of Directors on and were signed on its behalf by: |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on the going concern basis which assumes that the |
| company will continue in business for the foreseeable future, |
| The post year end performance of the company gives clear indication that the directors consider it |
| appropriate to prepare the financial statements on a going concern basis. The financial statements do |
| not contain any adjustment which would result if the going concern basis was not considered |
| appropriate. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover comprises revenue recognised by the company in respect of goods and services supplied, |
| exclusive of Value Added Tax and trade discounts. |
| Turnover represents the proportionate value of the clients' membership fees in relation to the life of the |
| membership. |
| Goodwill |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Deferred tax |
| Full provision is made for deferred tax assets and liabilities arising from all timing differences between |
| the recognition of gains and losses in the financial statements and recognition in the tax computation. |
| A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will |
| be suitable taxable profits from which the future reversal of the underlying timing differences can be |
| deducted. |
| Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time |
| the timing differences are expected to reverse. |
| Deferred tax assets and liabilities are not discounted. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed |
| assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their |
| useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases |
| are those where substantially all of the benefits and risks of ownership are assumed by the company. |
| Obligations under such agreements are included in creditors net of the finance charge allocated to |
| future periods. The finance element of the rental payment is charged to the Profit and Loss account so |
| as to produce a constant periodic rate of charge on the net obligation outstanding in each period. |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 1. | ACCOUNTING POLICIES - continued |
| Deferred income |
| Deferred income represents the proportionate value of the clients' membership fees in relation to the |
| life of the membership, net of value added tax. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2013 |
| Additions |
| At 31 July 2014 |
| AMORTISATION |
| At 1 August 2013 |
| Amortisation for year |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2013 |
| Additions |
| Disposals | ( |
) |
| At 31 July 2014 |
| DEPRECIATION |
| At 1 August 2013 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 4. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2013 | 80,000 |
| Additions | 2 |
| At 31 July 2014 | 80,002 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| The company's investments at the Balance Sheet date in the share capital of companies include the |
| following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | (288,300 | ) | (288,300 | ) |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | (14,057 | ) |
| Loss for the year | (5,805 | ) |
| During the year the Company acquired the entire share capital of VMAX 200 Limited. |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ |
| Aggregate capital and reserves | (97,229 | ) |
| Loss for the year | (2,335 | ) |
| During the year the Company acquired the entire share capital of ClubGT Cars Limited. |
| AUTO VIVENDI LIMITED (REGISTERED NUMBER: 07079963) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JULY 2014 |
| 5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| The aggregate total of debtors falling due after more than one year is £ |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £0.01 |
| On 31 December 2013 the Company undertook a share buyback of 7,476 Ordinary shares of £0.01 |
| each. |
| On 19 February 2014 959 Ordinary shares of £0.01 each were allotted as fully paid at a premium of |
| £52.1276 per share. |
| On 29 May 2014 1,065 Ordinary shares of £0.01 each were allotted as fully paid at a premium of |
| £46.9384 per share. |
| On 6 June 2014 the Company undertook a share buyback of 3,939 Ordinary shares of £0.01 each. |
| AUTO VIVENDI LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| AUTO VIVENDI LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages two to seven) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2014 set out on pages three to twelve 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. |
| Chartered Certified Accountants |
| 30 April 2015 |