Abbreviated Company Accounts - KEEP IT CHEAP - CAR RENTALS LIMITED

KEEP IT CHEAP - CAR RENTALS LIMITED - Company Information

06865200 KEEP IT CHEAP - CAR RENTALS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 06865200 2014-04-01 2015-03-31 06865200 2015-03-31 06865200 2014-03-31 06865200 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06865200 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06865200

KEEP IT CHEAP - CAR RENTALS LIMITED

Abbreviated Accounts

31 March 2015

KEEP IT CHEAP - CAR RENTALS LIMITED Registered Number 06865200

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,746	4,729
		4,746	4,729
Current assets
Stocks		7,000	7,000
Debtors		3,168	1,654
Cash at bank and in hand		2,025	1,638
		12,193	10,292
Creditors: amounts falling due within one year		(10,539)	(9,545)
Net current assets (liabilities)		1,654	747
Total assets less current liabilities		6,400	5,476
Creditors: amounts falling due after more than one year		(11,193)	(1,500)
Total net assets (liabilities)		(4,793)	3,976
Capital and reserves
Called up share capital	3	15,000	15,000
Profit and loss account		(19,793)	(11,024)
Shareholders' funds		(4,793)	3,976

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 23 December 2015

And signed on their behalf by:
Tatyana Bland, Director

KEEP IT CHEAP - CAR RENTALS LIMITED Registered Number 06865200

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.

Turnover policy
Turnover are sales net of Value added Tax

Tangible assets depreciation policy
Plant and machinery is depreciated on the reducing balance at the rate of 25% per annum

2Tangible fixed assets

	£
Cost
At 1 April 2014	9,351
Additions	1,600
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	10,951
Depreciation
At 1 April 2014	4,622
Charge for the year	1,583
On disposals	-
At 31 March 2015	6,205
Net book values
At 31 March 2015	4,746
At 31 March 2014	4,729

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
15,000 Ordinary shares of £1 each	15,000	15,000