Abbreviated Company Accounts - SPARES CENTRE LTD

Abbreviated Company Accounts - SPARES CENTRE LTD

SPARES CENTRE LTD - Company Information

Print Friendly Version

Registered Number 05260330

SPARES CENTRE LTD

Abbreviated Accounts

31 March 2015

SPARES CENTRE LTD Registered Number 05260330

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 14,134 6,157
14,134 6,157
Current assets
Stocks 42,320 42,320
Debtors 181,380 217,976
Cash at bank and in hand 34,164 33,506
257,864 293,802
Creditors: amounts falling due within one year (146,121) (176,489)
Net current assets (liabilities) 111,743 117,313
Total assets less current liabilities 125,877 123,470
Total net assets (liabilities) 125,877 123,470
Capital and reserves
Called up share capital 100 100
Profit and loss account 125,777 123,370
Shareholders' funds 125,877 123,470
  • For the year ending 31 March 2015 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 27 July 2015

And signed on their behalf by:
Mr T Maclean, Director

SPARES CENTRE LTD Registered Number 05260330

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

2Tangible fixed assets
£
Cost
At 1 April 2014 25,383
Additions 11,780
Disposals -
Revaluations -
Transfers -
At 31 March 2015 37,163
Depreciation
At 1 April 2014 19,226
Charge for the year 3,803
On disposals -
At 31 March 2015 23,029
Net book values
At 31 March 2015 14,134
At 31 March 2014 6,157