Abbreviated Company Accounts - G.R. AUTO SERVICES LIMITED

G.R. AUTO SERVICES LIMITED - Company Information

03935779 G.R. AUTO SERVICES LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 03935779 2014-07-01 2015-06-30 03935779 2015-06-30 03935779 2014-06-30 03935779 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 03935779 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 03935779

G.R. AUTO SERVICES LIMITED

Abbreviated Accounts

30 June 2015

G.R. AUTO SERVICES LIMITED Registered Number 03935779

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	14,164	12,887
		14,164	12,887
Current assets
Stocks		2,360	2,470
Debtors		70,172	57,560
Cash at bank and in hand		1,104	510
		73,636	60,540
Creditors: amounts falling due within one year		(180,593)	(165,944)
Net current assets (liabilities)		(106,957)	(105,404)
Total assets less current liabilities		(92,793)	(92,517)
Creditors: amounts falling due after more than one year		(2,373)	(3,872)
Total net assets (liabilities)		(95,166)	(96,389)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(95,266)	(96,489)
Shareholders' funds		(95,166)	(96,389)

For the year ending 30 June 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 18 January 2016

And signed on their behalf by:
Mr G A J Rushent, Director

G.R. AUTO SERVICES LIMITED Registered Number 03935779

Notes to the Abbreviated Accounts for the period ended 30 June 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 amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold improvements 15% reducing balance
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 July 2014	70,302
Additions	4,873
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	75,175
Depreciation
At 1 July 2014	57,415
Charge for the year	3,596
On disposals	-
At 30 June 2015	61,011
Net book values
At 30 June 2015	14,164
At 30 June 2014	12,887

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

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