Abbreviated Company Accounts - THE BLOCKLEY TYRE COMPANY LIMITED

Abbreviated Company Accounts - THE BLOCKLEY TYRE COMPANY LIMITED

THE BLOCKLEY TYRE COMPANY LIMITED - Company Information

Print Friendly Version

Registered Number 04379099

THE BLOCKLEY TYRE COMPANY LIMITED

Abbreviated Accounts

31 March 2015

THE BLOCKLEY TYRE COMPANY LIMITED Registered Number 04379099

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 92,071 30,639
92,071 30,639
Current assets
Stocks 618,159 721,447
Debtors 146,842 87,743
Cash at bank and in hand 60,596 -
825,597 809,190
Creditors: amounts falling due within one year (732,417) (721,445)
Net current assets (liabilities) 93,180 87,745
Total assets less current liabilities 185,251 118,384
Total net assets (liabilities) 185,251 118,384
Capital and reserves
Called up share capital 1 1
Profit and loss account 185,250 118,383
Shareholders' funds 185,251 118,384
  • 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 19 October 2015

And signed on their behalf by:
J. Majzub, Director

THE BLOCKLEY TYRE COMPANY LIMITED Registered Number 04379099

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Plant and machinery 20% straight line
Motor vehicles 25% straight line

2Tangible fixed assets
£
Cost
At 1 April 2014 333,875
Additions 71,645
Disposals -
Revaluations -
Transfers -
At 31 March 2015 405,520
Depreciation
At 1 April 2014 303,236
Charge for the year 10,213
On disposals -
At 31 March 2015 313,449
Net book values
At 31 March 2015 92,071
At 31 March 2014 30,639