Abbreviated Company Accounts - ONE STOP MOBILE REPAIRS LTD

Abbreviated Company Accounts - ONE STOP MOBILE REPAIRS LTD

ONE STOP MOBILE REPAIRS LTD - Company Information

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Registered Number 07566392

ONE STOP MOBILE REPAIRS LTD

Abbreviated Accounts

31 March 2015

ONE STOP MOBILE REPAIRS LTD Registered Number 07566392

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Called up share capital not paid 1 1
Fixed assets
Tangible assets 2 2,096 5,389
2,096 5,389
Current assets
Debtors 667 664
Cash at bank and in hand 69,805 42,435
70,472 43,099
Creditors: amounts falling due within one year (35,100) (4,123)
Net current assets (liabilities) 35,372 38,976
Total assets less current liabilities 37,469 44,366
Total net assets (liabilities) 37,469 44,366
Capital and reserves
Called up share capital 1 1
Profit and loss account 37,468 44,365
Shareholders' funds 37,469 44,366
  • 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 16 November 2015

And signed on their behalf by:
Paul Lobo Morell, Director

ONE STOP MOBILE REPAIRS LTD Registered Number 07566392

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 compromises the invoiced value of goods and services supplied by the company, net of Value added tax and trade discounts.

Tangible assets depreciation policy
Tangible assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected usefull lives on the following basis.

Plant and Machinery 25% Straight line
Motor Vehicles 20% Straight line

2Tangible fixed assets
£
Cost
At 1 April 2014 14,143
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 14,143
Depreciation
At 1 April 2014 8,754
Charge for the year 3,293
On disposals -
At 31 March 2015 12,047
Net book values
At 31 March 2015 2,096
At 31 March 2014 5,389