Abbreviated Company Accounts - SD MOTORS LIMITED

07974295 SD MOTORS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 07974295 2014-04-01 2015-03-31 07974295 2015-03-31 07974295 2014-03-31 07974295 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 07974295 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 07974295

SD MOTORS LIMITED

Abbreviated Accounts

31 March 2015

SD MOTORS LIMITED Registered Number 07974295

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	11,736	8,497
		11,736	8,497
Current assets
Stocks		2,020	1,480
Debtors		13,125	-
Cash at bank and in hand		10,879	3,156
		26,024	4,636
Creditors: amounts falling due within one year		(15,302)	(10,481)
Net current assets (liabilities)		10,722	(5,845)
Total assets less current liabilities		22,458	2,652
Creditors: amounts falling due after more than one year		(22,250)	-
Total net assets (liabilities)		208	2,652
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		108	2,552
Shareholders' funds		208	2,652

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 24 December 2015

And signed on their behalf by:
MS D SAKALAWALLI ACHARIGE, Director

SD MOTORS LIMITED Registered Number 07974295

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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 20% straight line

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

2Tangible fixed assets

	£
Cost
At 1 April 2014	14,163
Additions	7,590
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	21,753
Depreciation
At 1 April 2014	5,666
Charge for the year	4,351
On disposals	-
At 31 March 2015	10,017
Net book values
At 31 March 2015	11,736
At 31 March 2014	8,497

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

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100