Immingham Tankwash Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04286329 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Immingham Tankwash Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S E Giles

D J Giles

SECRETARY:

D J Giles

REGISTERED OFFICE:

Middleplatt Road

Immingham

North Lincolnshire

DN40 1AH

REGISTERED NUMBER:

04286329 (England and Wales)

ACCOUNTANTS:

Pelham

16 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

FIXED ASSETS

Tangible assets

2

12,204

14,246

CURRENT ASSETS

Debtors

80,543

76,863

Cash at bank and in hand

6,303

5,168

86,846

82,031

CREDITORS

Amounts falling due within one year

71,500

114,248

NET CURRENT ASSETS/(LIABILITIES)

15,346

(32,217

)

TOTAL ASSETS LESS CURRENT LIABILITIES

27,550

(17,971

)

PROVISIONS FOR LIABILITIES

1,598

1,822

NET ASSETS/(LIABILITIES)

25,952

(19,793

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

25,852

(19,893

)

SHAREHOLDERS' FUNDS

25,952

(19,793

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 17 June 2015 and were signed on its behalf by:

S E Giles - Director

1.	ACCOUNTING POLICIES

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 represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on cost

Plant and machinery

-

15% on reducing balance and 10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

15% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

137,440

Additions

399

At 30 September 2014

137,839

DEPRECIATION

At 1 October 2013

123,194

Charge for year

2,441

At 30 September 2014

125,635

NET BOOK VALUE

At 30 September 2014

12,204

At 30 September 2013

14,246

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

100

Ordinary

£1

100

100