Abbreviated Company Accounts - EURO SCOOTERS LIMITED

NW4 MOTORCYCLES LTD - Company Information

03204793 EURO SCOOTERS LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 03204793 2014-06-01 2015-05-31 03204793 2015-05-31 03204793 2014-05-31 03204793 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 03204793 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 03204793

EURO SCOOTERS LIMITED

Abbreviated Accounts

31 May 2015

EURO SCOOTERS LIMITED Registered Number 03204793

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	5,000	5,000
Tangible assets	3	2,068	2,406
		7,068	7,406
Current assets
Stocks		43,000	41,500
Debtors		37,076	35,668
Cash at bank and in hand		169	978
		80,245	78,146
Creditors: amounts falling due within one year		(40,778)	(39,975)
Net current assets (liabilities)		39,467	38,171
Total assets less current liabilities		46,535	45,577
Total net assets (liabilities)		46,535	45,577
Capital and reserves
Called up share capital	4	14,500	14,500
Profit and loss account		32,035	31,077
Shareholders' funds		46,535	45,577

For the year ending 31 May 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 29 February 2016

And signed on their behalf by:
S Mahdi, Director

EURO SCOOTERS LIMITED Registered Number 03204793

Notes to the Abbreviated Accounts for the period ended 31 May 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property
Plant and machinery etc - 25% on cost

2Intangible fixed assets

	£
Cost
At 1 June 2014	5,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	5,000
Amortisation
At 1 June 2014	-
Charge for the year	-
On disposals	-
At 31 May 2015	-
Net book values
At 31 May 2015	5,000
At 31 May 2014	5,000

3Tangible fixed assets

	£
Cost
At 1 June 2014	36,992
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	36,992
Depreciation
At 1 June 2014	34,586
Charge for the year	338
On disposals	-
At 31 May 2015	34,924
Net book values
At 31 May 2015	2,068
At 31 May 2014	2,406

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
14,500 Ordinary shares of £1 each	14,500	14,500