Track & Tyre Machinery Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 09064026 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 30 MAY 2014 TO 31 MAY 2015

FOR

TRACK & TYRE MACHINERY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTORS:

J R King

R S Dhillon

REGISTERED OFFICE:

Unit 5, Cutless Farm Business Centre

Edstone

Henley-in-Arden

Warwickshire

B95 6DJ

REGISTERED NUMBER:

09064026 (England and Wales)

ACCOUNTANTS:

Cooper Adams Ltd

12 Payton Street

Stratford upon Avon

Warwickshire

CV37 6UA

FIXED ASSETS

Tangible assets

2

942

CURRENT ASSETS

Debtors

20

Cash at bank

1,735

1,755

CREDITORS

Amounts falling due within one year

2,132

NET CURRENT LIABILITIES

(377

)

TOTAL ASSETS LESS CURRENT LIABILITIES

565

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

465

SHAREHOLDERS' FUNDS

565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 February 2016 and were signed on its behalf by:

J R King - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The company is showing net current liabilities as at 31 May 2015. The directors have confirmed that they

will continue to support the company financially, to allow it to continue its operations. On this basis, the

directors consider it appropriate to prepare the financial statements on a going concern basis.

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,177

At 31 May 2015

1,177

DEPRECIATION

Charge for period

235

At 31 May 2015

235

NET BOOK VALUE

At 31 May 2015

942

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Track & Tyre Machinery Limited for the period ended 31 May 2015 which comprise the

Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Track & Tyre Machinery Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Track & Tyre Machinery Limited and state those matters that we have agreed to state to the Board of Directors of Track & Tyre Machinery Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Track & Tyre Machinery Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Track & Tyre Machinery Limited. You consider that Track & Tyre Machinery Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Track & Tyre

Machinery Limited. For this reason, we have not verified the accuracy or completeness of the accounting

records or information and explanations you have given to us and we do not, therefore, express any opinion on

the statutory financial statements.

Cooper Adams Ltd

12 Payton Street

Stratford upon Avon

Warwickshire

CV37 6UA

26 February 2016