Cora Car Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05622922 (England and Wales)

Abbreviated Accounts for the Year Ended 30 November 2013

for

Cora Car Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr D Smith

REGISTERED OFFICE:

1 Waterloo Road

Waterloo

Liverpool

Merseyside

L22 1RE

REGISTERED NUMBER:

05622922 (England and Wales)

ACCOUNTANTS:

Verinder & Associates

Chartered Certified Accountants

and Chartered Accountants

1-3 Crosby Road South

Waterloo

Liverpool

Merseyside

L22 1RG

FIXED ASSETS

Tangible assets

2

64,187

3,836

CURRENT ASSETS

Debtors

-

1,402

Cash at bank and in hand

4,848

8,009

4,848

9,411

CREDITORS

Amounts falling due within one year

56,423

6,880

NET CURRENT (LIABILITIES)/ASSETS

(51,575

)

2,531

TOTAL ASSETS LESS CURRENT LIABILITIES

12,612

6,367

ACCRUALS AND DEFERRED INCOME

720

720

NET ASSETS

11,892

5,647

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

11,692

5,447

SHAREHOLDERS' FUNDS

11,892

5,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 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 26 August 2014 and were signed by:

Mr D Smith - 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, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

11,381

Additions

61,376

At 30 November 2013

72,757

DEPRECIATION

At 1 December 2012

7,545

Charge for year

1,025

At 30 November 2013

8,570

NET BOOK VALUE

At 30 November 2013

64,187

At 30 November 2012

3,836

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

200

Ordinary

£1

200

200