| ORMSKIRK COACHES AND TAXIS LTD |
| Registered number: |
08104281 |
| Abbreviated Balance Sheet |
| as at 30 June 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
59,048 |
|
|
59,048 |
| Tangible assets |
3 |
|
|
35,218 |
|
|
43,804 |
|
|
|
|
94,266 |
|
|
102,852 |
|
| Current assets |
| Debtors |
|
|
35,662 |
|
|
48,280 |
| Cash at bank and in hand |
|
|
33,762 |
|
|
12,423 |
|
|
|
69,424 |
|
|
60,703 |
|
| Creditors: amounts falling due within one year |
|
|
(32,182) |
|
|
(36,260) |
|
| Net current assets |
|
|
|
37,242 |
|
|
24,443 |
|
| Total assets less current liabilities |
|
|
|
131,508 |
|
|
127,295 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(38,404) |
|
|
(28,984) |
|
|
|
| Net assets |
|
|
|
93,104 |
|
|
98,311 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
90,932 |
|
|
90,932 |
| Profit and loss account |
|
|
|
2,172 |
|
|
7,379 |
|
| Shareholders' funds |
|
|
|
93,104 |
|
|
98,311 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Mr M Anderson |
| Director |
| Approved by the board on 13 October 2015 |
|
| ORMSKIRK COACHES AND TAXIS LTD |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
15% reducing balance |
|
Motor vehicles |
25% reducing balance |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2014 |
59,048 |
|
At 30 June 2015 |
59,048 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 30 June 2015 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2015 |
59,048 |
|
At 30 June 2014 |
59,048 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2014 |
53,232 |
|
Disposals |
(6,975) |
|
At 30 June 2015 |
46,257 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2014 |
9,428 |
|
Charge for the year |
4,661 |
|
On disposals |
(3,050) |
|
At 30 June 2015 |
11,039 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2015 |
35,218 |
|
At 30 June 2014 |
43,804 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£909.32 each |
|
100 |
|
90,932 |
|
90,932 |
|
|
|
|
|
|
|
|
|
