Noble Motor Company Limited - Limited company - abbreviated - 11.9

NOBLE MOTOR COMPANY LIMITED

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J.G. Noble

SECRETARY:

C M Noble

REGISTERED OFFICE:

41 Croftdown Road

Harborne

Birmingham

West Midlands

B17 8RE

REGISTERED NUMBER:

04685447

ACCOUNTANTS:

Haslehursts Limited

88 Hill Village Road

Sutton Coldfield

West Midlands

B75 5BE

FIXED ASSETS

Intangible assets

2

12,000

13,500

Tangible assets

3

80

160

12,080

13,660

CURRENT ASSETS

Stocks

20,375

36,150

CREDITORS

Amounts falling due within one year

4

(22,613

)

(33,288

)

NET CURRENT (LIABILITIES)/ASSETS

(2,238

)

2,862

TOTAL ASSETS LESS CURRENT LIABILITIES

9,842

16,522

CAPITAL AND RESERVES

Called up share capital

5

1

1

Profit and loss account

9,841

16,521

SHAREHOLDERS' FUNDS

9,842

16,522

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 10 December 2015 and were signed by:

J.G. Noble - 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, excluding value added tax.

Goodwill

Acquired goodwill is written off in equal instalments over its estimated useful economic life.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stock is valued at the lower of cost and net realisable value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

30,000

AMORTISATION

At 1 April 2014

16,500

Amortisation for year

1,500

At 31 March 2015

18,000

NET BOOK VALUE

At 31 March 2015

12,000

At 31 March 2014

13,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

1,288

DEPRECIATION

At 1 April 2014

1,128

Charge for year

80

At 31 March 2015

1,208

NET BOOK VALUE

At 31 March 2015

80

At 31 March 2014

160

4.

CREDITORS

Creditors include an amount of £ 7,352 (2014 - £ 17,822 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1