| AUTO CARE EXPRESS LIMITED |
| Registered number: |
02810891 |
| Abbreviated Balance Sheet |
| as at 31 January 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
113,300 |
|
|
106,209 |
|
| Current assets |
| Stocks |
|
|
7,645 |
|
|
7,895 |
| Debtors |
|
|
3,898 |
|
|
3,948 |
|
|
|
11,543 |
|
|
11,843 |
|
| Creditors: amounts falling due within one year |
|
|
(179,767) |
|
|
(179,569) |
|
| Net current liabilities |
|
|
|
(168,224) |
|
|
(167,726) |
|
| Net liabilities |
|
|
|
(54,924) |
|
|
(61,517) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
5,000 |
|
|
5,000 |
| Profit and loss account |
|
|
|
(59,924) |
|
|
(66,517) |
|
| Shareholders' funds |
|
|
|
(54,924) |
|
|
(61,517) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
| Mr C P De Lord |
| Director |
| Approved by the board on 25 February 2016 |
|
| AUTO CARE EXPRESS LIMITED |
| Notes to the Abbreviated Accounts |
| for the year ended 31 January 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. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
Fixtures,fittings and office equipment |
15% reducing balance |
|
Plant and machinery |
15% reducing balance |
|
Motor vehicles |
15% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 February 2014 |
498,903 |
|
Additions |
33,629 |
|
Disposals |
(15,709) |
|
At 31 January 2015 |
516,823 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2014 |
392,694 |
|
Charge for the year |
19,993 |
|
On disposals |
(9,164) |
|
At 31 January 2015 |
403,523 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2015 |
113,300 |
|
At 31 January 2014 |
106,209 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
5,000 |
|
5,000 |
|
5,000 |
|
|
|
|
|
|
|
|
|
