Smith & Hunter Prime Car Care Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08111869 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 July 2013 to 30 September 2014

for

Smith & Hunter Prime Car Care Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr Imad Rashid Bibi

SECRETARY:

REGISTERED OFFICE:

170 Church Road

Mitcham

Surrey

CR4 3BW

BUSINESS ADDRESS:

841 A Coronation Road

Park Royal

London

NW10 7QJ

REGISTERED NUMBER:

08111869 (England and Wales)

ACCOUNTANTS:

Danmirr Consultants

Business Advisors

170 Church Road

Mitcham

Surrey

CR4 3BW

FIXED ASSETS

Intangible assets

2

42,500

-

Tangible assets

3

25,616

-

68,116

-

CURRENT ASSETS

Stocks

31,810

-

Debtors

4

37,226

-

Cash at bank and in hand

15,168

1

84,204

1

CREDITORS

Amounts falling due within one year

(24,965

)

-

NET CURRENT ASSETS

59,239

1

TOTAL ASSETS LESS CURRENT LIABILITIES

127,355

1

CREDITORS

Amounts falling due after more than one year

(283,749

)

-

NET (LIABILITIES)/ASSETS

(156,394

)

1

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

(156,395

)

-

SHAREHOLDERS' FUNDS

(156,394

)

1

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2014 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 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 director on 30 June 2015 and were signed by:

Mr Imad Rashid Bibi - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due

allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

42,500

At 30 September 2014

42,500

NET BOOK VALUE

At 30 September 2014

42,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,806

At 30 September 2014

25,806

DEPRECIATION

Charge for period

190

At 30 September 2014

190

NET BOOK VALUE

At 30 September 2014

25,616

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 21,779

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.6.13

value:

£

£

1

Ordinary Shares

1

1

1

6.	GROUP STRUCTURE

Smith & Hunter Prime Car Care Ltd is a wholly owned subsidiary of Smith & Hunter Ltd(company

no:00348253).