C C Tuning Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06415214 (England and Wales)

Abbreviated Accounts

for the Year Ended 31 October 2014

for

C C Tuning Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C M Wells

Mrs L Wells

SECRETARY:

Mrs L Wells

REGISTERED OFFICE:

Unit 9

Greenline Business Park

Wellington Street

Burton on Trent

Staffordshire

DE14 2DS

REGISTERED NUMBER:

06415214 (England and Wales)

ACCOUNTANTS:

NP & Associates Limited

2 Besthorpe Close

Oakwood

Derby

DE21 4RQ

FIXED ASSETS

Tangible assets

2

40,397

32,076

CURRENT ASSETS

Debtors

3,352

2,852

Cash at bank and in hand

749

4,075

4,101

6,927

CREDITORS

Amounts falling due within one year

3

21,773

14,113

NET CURRENT LIABILITIES

(17,672

)

(7,186

)

TOTAL ASSETS LESS CURRENT LIABILITIES

22,725

24,890

PROVISIONS FOR LIABILITIES

8,079

6,415

NET ASSETS

14,646

18,475

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

14,546

18,375

SHAREHOLDERS' FUNDS

14,646

18,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 28 July 2015 and were signed on its behalf by:

C M Wells - 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 is represented by the sale of services provided during the year less VAT at the appropriate rate

applicable under the VAT Flat Rate Scheme.

Tangible fixed assets

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

Equipment and tools

-

20% on reducing balance

Computer and office equipment

-

33% 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 November 2013

70,571

Additions

27,840

Disposals

(25,396

)

At 31 October 2014

73,015

DEPRECIATION

At 1 November 2013

38,495

Charge for year

10,434

Eliminated on disposal

(16,311

)

At 31 October 2014

32,618

NET BOOK VALUE

At 31 October 2014

40,397

At 31 October 2013

32,076

3.

CREDITORS

Creditors include an amount of £ 0 (2013 - £ 2,210 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

60

A Ordinary

£1

60

60

40

B Ordinary

£1

40

40

100

100