Green Executive Cars Limited - Abbreviated accounts

Green Executive Cars Limited - Abbreviated accounts


Registered number
06152371
Green Executive Cars Limited
Abbreviated Accounts
31 March 2015
Green Executive Cars Limited
Registered number: 06152371
Abbreviated Balance Sheet
as at 31 March 2015
Notes 2015 2014
£ £
Current assets
Debtors 508 2
Cash at bank and in hand 9,579 12,318
10,087 12,320
Creditors: amounts falling due within one year (9,452) (12,105)
Net current assets 635 215
Net assets 635 215
Capital and reserves
Called up share capital 2 2 2
Profit and loss account 633 213
Shareholders' funds 635 215
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.
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.
Syed W Ali
Director
Approved by the board on 31 December 2015
Green Executive Cars Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 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 April 2008).
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.
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.
Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2 Share capital Nominal 2015 2015 2014
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 2 2 2
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