Abbreviated Company Accounts - AUTO TRADE DIRECT LIMITED

Abbreviated Company Accounts - AUTO TRADE DIRECT LIMITED

AUTO TRADE DIRECT LIMITED - Company Information

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Registered Number 06799777

AUTO TRADE DIRECT LIMITED

Abbreviated Accounts

31 January 2015

AUTO TRADE DIRECT LIMITED Registered Number 06799777

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 7,427 9,284
7,427 9,284
Current assets
Stocks 110,170 115,665
Debtors 12,796 16,762
122,966 132,427
Creditors: amounts falling due within one year (8,684) (30,236)
Net current assets (liabilities) 114,282 102,191
Total assets less current liabilities 121,709 111,475
Total net assets (liabilities) 121,709 111,475
Capital and reserves
Called up share capital 1 1
Profit and loss account 121,708 111,474
Shareholders' funds 121,709 111,475
  • For the year ending 31 January 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 15 September 2015

And signed on their behalf by:
Mr Usman Azam, Director

AUTO TRADE DIRECT LIMITED Registered Number 06799777

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Turnover policy
This represent the annual sales of the company in respect of sales of used cars and is shown net of value added tax

2Tangible fixed assets
£
Cost
At 1 February 2014 15,800
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2015 15,800
Depreciation
At 1 February 2014 6,516
Charge for the year 1,857
On disposals -
At 31 January 2015 8,373
Net book values
At 31 January 2015 7,427
At 31 January 2014 9,284