Linace Car & Commercials Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06813123 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

LINACE CAR & COMMERCIALS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K A Herson

REGISTERED OFFICE:

79 Wingletye Lane

Hornchurch

Essex

RM11 3AT

BUSINESS ADDRESS:

5 Woodfield Road

Hadleigh

Benfleet

Essex

SS7 2EQ

REGISTERED NUMBER:

06813123 (England and Wales)

ACCOUNTANTS:

S J WALKER & CO

Chartered Certified Accountants

79 Wingletye Lane

Hornchurch

Essex

RM11 3AT

CURRENT ASSETS

Stocks

65,214

56,604

Debtors

18,901

6,437

Cash at bank

2,096

2,322

86,211

65,363

CREDITORS

Amounts falling due within one year

35,287

29,302

NET CURRENT ASSETS

50,924

36,061

TOTAL ASSETS LESS CURRENT
LIABILITIES

50,924

36,061

CAPITAL AND RESERVES

Called up share capital

2

10

Profit and loss account

50,914

36,051

SHAREHOLDERS' FUNDS

50,924

36,061

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 October 2015 and were signed by:

K A Herson - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

10

Ordinary

£1

10

Linace Car & Commercials Ltd - Limited company - abbreviated - 11.6

Linace Car & Commercials Ltd - Limited company - abbreviated - 11.6