OLIVERS GARAGE LTD Accounts filed on 31-07-2015

OLIVERS GARAGE LTD - Company Information

false true true true 2014-08-01 2015-07-31 2015-07-31 true 07738635 2014-08-01 2015-07-31 07738635 2013-08-01 2014-07-31 07738635 2015-07-31 07738635 2014-07-31 07738635 2014-07-31 07738635 2013-07-31 07738635 uk-bus:Director1 2014-08-01 2015-07-31 07738635 uk-bus:Director1 2014-08-01 07738635 uk-bus:Director1 2015-07-31 07738635 uk-bus:Director2 2014-08-01 2015-07-31 07738635 uk-bus:Director2 2014-08-01 07738635 uk-bus:Director2 2015-07-31 07738635 uk-bus:CompanySecretary 2014-08-01 2015-07-31 07738635 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-08-01 2015-07-31 07738635 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-08-01 2014-07-31 07738635 uk-gaap:LeasedTangibleFixedAssets 2014-08-01 2015-07-31 07738635 uk-gaap:LeasedTangibleFixedAssets 2013-08-01 2014-07-31 07738635 uk-gaap:NetGoodwill 2014-08-01 2015-07-31 07738635 uk-gaap:NetGoodwill 2013-08-01 2014-07-31 07738635 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-08-01 2015-07-31 07738635 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-08-01 2014-07-31 07738635 uk-bus:AllEntityOfficers 2014-08-01 2015-07-31 07738635 uk-bus:AllEntityOfficers 2013-08-01 2014-07-31 07738635 uk-bus:AllOrdinaryShares 2014-08-01 2015-07-31 07738635 uk-bus:AllOrdinaryShares 2015-07-31 07738635 uk-bus:AllOrdinaryShares 2013-08-01 2014-07-31 07738635 uk-bus:AllOrdinaryShares 2014-07-31 07738635 uk-bus:AllPreferenceShares 2014-08-01 2015-07-31 07738635 uk-bus:AllPreferenceShares 2015-07-31 07738635 uk-bus:AllPreferenceShares 2013-08-01 2014-07-31 07738635 uk-bus:AllPreferenceShares 2014-07-31 07738635 uk-gaap:NetGoodwill 2015-07-31 07738635 uk-gaap:NetGoodwill 2014-07-31 07738635 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-07-31 07738635 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-07-31 07738635 uk-gaap:LandBuildings 2015-07-31 07738635 uk-gaap:LandBuildings 2014-08-01 2015-07-31 07738635 uk-gaap:LandBuildings 2014-07-31 07738635 uk-gaap:PlantMachinery 2015-07-31 07738635 uk-gaap:PlantMachinery 2014-08-01 2015-07-31 07738635 uk-gaap:PlantMachinery 2014-07-31 07738635 uk-gaap:FixturesFittings 2015-07-31 07738635 uk-gaap:FixturesFittings 2014-08-01 2015-07-31 07738635 uk-gaap:FixturesFittings 2014-07-31 07738635 uk-gaap:MotorVehicles 2015-07-31 07738635 uk-gaap:MotorVehicles 2014-08-01 2015-07-31 07738635 uk-gaap:MotorVehicles 2014-07-31 07738635 uk-gaap:OfficeEquipment 2015-07-31 07738635 uk-gaap:OfficeEquipment 2014-08-01 2015-07-31 07738635 uk-gaap:OfficeEquipment 2014-07-31 07738635 uk-bus:RegisteredOffice 2014-08-01 2015-07-31 07738635 uk-gaap:WithinOneYear 2015-07-31 07738635 uk-gaap:WithinOneYear 2014-07-31 07738635 uk-gaap:AfterOneYear 2015-07-31 07738635 uk-gaap:AfterOneYear 2014-07-31 07738635 uk-gaap:BetweenOneFiveYears 2015-07-31 07738635 uk-gaap:BetweenOneFiveYears 2014-07-31 07738635 uk-gaap:MoreThanFiveYears 2015-07-31 07738635 uk-gaap:MoreThanFiveYears 2014-07-31 iso4217:GBP xbrli:pure xbrli:shares

OLIVERS GARAGE LTD

Company Registration Number:
07738635 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st August 2014

End date: 31st July 2015

SUBMITTED

Company Information
for the Period Ended 31st July 2015

Director:		MR J HOPKINS
		MR S BREAKSPEAR






Registered office:		78 Main Road
		Long Hanborough

		Witney
		Oxfordshire
		OX29 8JY




Company Registration Number:		07738635 (England and Wales)

Abbreviated Balance sheet
As at 31st July 2015

	Notes	2015 £	2014 £
Fixed assets
Tangible assets:	3	24,945	26,162
Total fixed assets:		24,945	26,162
Current assets
Stocks:		2,819	1,168
Debtors:		453	0
Cash at bank and in hand:		14,499	13,178
Total current assets:		17,771	14,346
Creditors
Creditors: amounts falling due within one year	5	20,611	17,776
Net current assets (liabilities):		( 2,840 )	( 3,430 )
Total assets less current liabilities:		22,105	22,732
Creditors: amounts falling due after more than one year:	6	11,040	16,440
Total net assets (liabilities):		11,065	6,292

The notes form part of these financial statements

Abbreviated Balance sheet
As at 31st July 2015
continued

	Notes	2015 £	2014 £
Capital and reserves
Called up share capital:	7	100	100
Profit and Loss account:		10,965	6,192
Total shareholders funds:		11,065	6,292

For the year ending 31 July 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 18 September 2015

SIGNED ON BEHALF OF THE BOARD BY:

Name: MR J HOPKINS
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 31st July 2015

1. Accounting policies

Basis of measurement and preparation of accounts

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 policy

The turnover shown in the profit and loss account represents work done during the period, exclusive of Value Added Tax.

Tangible fixed assets depreciation policy

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: Motor vehicles - 25% reducing balance Equipment - 20% reducing balance

Valuation information and policy

Stocks are valued at the lower of cost and net realisale value, after making due allowance for obosolete and slow moving items.

Notes to the Abbreviated Accounts
for the Period Ended 31st July 2015

3. Tangible assets

	Total
Cost	£
At 01st August 2014:	29,930
Additions:	561
At 31st July 2015:	30,491
Depreciation
At 01st August 2014:	3,768
Charge for year:	1,778
At 31st July 2015:	5,546
Net book value
At 31st July 2015:	24,945
At 31st July 2014:	26,162

Notes to the Abbreviated Accounts
for the Period Ended 31st July 2015

5. Creditors: amounts falling due within one year

	2015 £	2014 £
Trade creditors:	114	769
Taxation and social security:	19,684	16,194
Accruals and deferred income:	813	813
Total:	20,611	17,776

Notes to the Abbreviated Accounts
for the Period Ended 31st July 2015

6. Creditors: amounts falling due after more than one year

	2015 £	2014 £
Other creditors:	11,040	16,440
Total:	11,040	16,440

Notes to the Abbreviated Accounts
for the Period Ended 31st July 2015

7. Called up share capital

Allotted, called up and paid

Previous period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	100	1.00 1.00	100
Total share capital:			100

Current period			2015
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	100	1.00 1.00	100
Total share capital:			100

OLIVERS GARAGE LTD Accounts filed on 31-07-2015