Accounts filed on 31-07-2014

Accounts filed on 31-07-2014

MOTO WORKS LTD - Company Information

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2013-08-012014-07-3108149929falsetruehttp://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2013-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2014-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2013-07-31http://www.companieshouse.gov.uk/cd:Director12013-08-012014-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2014-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2013-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2013-08-012014-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-08-012014-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2013-08-012014-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2013-08-012014-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12013-07-31http://www.companieshouse.gov.uk/2012-08-012013-07-31http://www.companieshouse.gov.uk/2013-08-012014-07-31http://www.companieshouse.gov.uk/2013-07-31http://www.companieshouse.gov.uk/2014-07-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2013-08-012014-07-31http://www.companieshouse.gov.uk/2013-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08149929
Moto Works
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2014
Prepared By:
Professional Renaissance Limited
Certified Public Accountants
First Floor
69 High Street
Rayleigh
Essex
SS6 7EJ

Moto Works
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/07/2014
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts4
The company's registered number is 08149929

Moto Works
Registered Number: 08149929
BALANCE SHEET AT 31/07/2014
20142013
Notes££
FIXED ASSETS
Tangible assets23,5845,517
CURRENT ASSETS
Stock750600
Debtors (amounts falling due within one year)39221,036
Cash at bank and in hand281,214
1,7002,850
CREDITORS: Amounts falling due within one year1,6947,288
NET CURRENT ASSETS / (LIABILITIES)6(4,438)
TOTAL ASSETS LESS CURRENT LIABILITIES3,5901,079
CAPITAL AND RESERVES
Called up share capital411
Profit and loss account3,5891,078
SHAREHOLDERS' FUNDS3,5901,079

Moto Works
Registered Number: 08149929
For the year ending 31/07/2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 24/06/2015 and signed on their behalf by
Lee Towner
Director

Moto Works
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2014
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesstraight line 33.3%
Plant and Machinerystraight line 20%
Commercial Vehiclesstraight line 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Moto Works
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercial
PropertiesMachineryVehiclesTotal
££££
Cost
At 01/08/20132,4002,5502,5007,450
At 31/07/20142,4002,5502,5007,450
Depreciation
At 01/08/20137985106251,933
For the year7985106251,933
At 31/07/20141,5961,0201,2503,866
Net Book Amounts
At 31/07/20148041,5301,2503,584
At 31/07/20131,6022,0401,8755,517
3. DEBTORS 20142013
££
Amounts falling due within one year:
Trade debtors322436
Other debtors600600
9221,036

Moto Works
4. SHARE CAPITAL 20142013
££
Allotted, issued and fully paid:
55 Class 1 shares of £0.01 each11
11