Abbreviated Company Accounts - TONYREFAIL MOTORS LIMITED

TONYREFAIL MOTORS LIMITED - Company Information

Registered Number 00560761

TONYREFAIL MOTORS LIMITED

Abbreviated Accounts

30 November 2013

TONYREFAIL MOTORS LIMITED Registered Number 00560761

Abbreviated Balance Sheet as at 30 November 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	1	1
		1	1
Current assets
Debtors		12,457	12,457
Cash at bank and in hand		62,652	63,874
		75,109	76,331
Creditors: amounts falling due within one year		(42,690)	(12,690)
Net current assets (liabilities)		32,419	63,641
Total assets less current liabilities		32,420	63,642
Total net assets (liabilities)		32,420	63,642
Capital and reserves
Called up share capital		2,000	2,000
Other reserves		3,000	3,000
Profit and loss account		27,420	58,642
Shareholders' funds		32,420	63,642

For the year ending 30 November 2013 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 8 August 2014

And signed on their behalf by:
Mrs A Griffiths, Director

TONYREFAIL MOTORS LIMITED Registered Number 00560761

Notes to the Abbreviated Accounts for the period ended 30 November 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 25% straight line
Motor Vehicles - written down to £1

2Intangible fixed assets

	£
Cost
At 1 December 2012	27,606
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2013	27,606
Amortisation
At 1 December 2012	27,605
Charge for the year	-
On disposals	-
At 30 November 2013	27,605
Net book values
At 30 November 2013	1
At 30 November 2012	1