| Plaza Autos Care Limited |
| Registered number: |
06490282 |
| Abbreviated Balance Sheet |
| as at 31 October 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
22,597 |
|
|
68,547 |
|
| Current assets |
| Stocks |
|
|
127,000 |
|
|
111,000 |
| Debtors |
|
|
24,368 |
|
|
28,344 |
| Cash at bank and in hand |
|
|
7,650 |
|
|
10,342 |
|
|
|
159,018 |
|
|
149,686 |
|
| Creditors: amounts falling due within one year |
|
|
(31,251) |
|
|
(33,791) |
|
| Net current assets |
|
|
|
127,767 |
|
|
115,895 |
|
| Total assets less current liabilities |
|
|
|
150,364 |
|
|
184,442 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(107,572) |
|
|
(150,953) |
|
|
|
| Net assets |
|
|
|
42,792 |
|
|
33,489 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
42,692 |
|
|
33,389 |
|
| Shareholders' funds |
|
|
|
42,792 |
|
|
33,489 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr. M A Noor |
| Director |
| Approved by the board on 31 July 2015 |
|
| Plaza Autos Care Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 October 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, from repair & maintenance of motor vehicles. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% Reducing balance |
|
Fixtures, Fittings & Equipments |
25% Reducing balance |
|
Motor Vehicles |
25% Reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 November 2013 |
78,764 |
|
Additions |
17,856 |
|
Disposals |
(61,908) |
|
At 31 October 2014 |
34,712 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2013 |
10,217 |
|
At 31 October 2014 |
12,115 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2014 |
22,597 |
|
At 31 October 2013 |
68,547 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
|
|
2014 |
|
2013 |
| value |
|
|
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Director's Loan Account |
2014 |
|
2013 |
| £ |
£ |
|
|
Director's Loan Account |
24,226 |
|
33,652 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Shareholdings |
2014 |
|
2013 |
|
|
|
|
|
|
No of Shares |
No of Shares |
|
|
Mr M A Noor |
51 |
|
51 |
|
Mrs R N Ashraf |
49 |
|
49 |
|
|
|
|
|
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
| 8 |
Related Parties (Creditors) |
2014 |
|
2013 |
| £ |
£ |
|
|
Plaza Chauffeur Cars Ltd |
38,237 |
|
|
Diamond Cabs (London) Ltd |
27,859 |
|
|
Continental Car Hire Limited |
17,250 |
|
|
|
|
|
|
83,346 |
|
- |
|
|
|
|
|
|
|
|
|
| 9 |
Related Parties (Debtors) |
2014 |
|
2013 |
|
|
£ |
£ |
|
|
Continental Car Hire Limited |
- |
|
20,488 |
|
Diamond Cabs (London) Ltd |
- |
|
30,313 |
|
Plaza Chauffeur Cars Ltd |
- |
|
66,500 |
|
|
|
|
|
|
|
- |
|
117,301 |
|
|
|
|
|
|
|
|
|
