Abbreviated Company Accounts - NDR MOTORS LIMITED

Abbreviated Company Accounts - NDR MOTORS LIMITED

NDR MOTORS LIMITED - Company Information

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Registered Number 07179577

NDR MOTORS LIMITED

Abbreviated Accounts

31 March 2014

NDR MOTORS LIMITED Registered Number 07179577

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 61,090 64,945
Tangible assets 3 10,070 11,848
71,160 76,793
Current assets
Stocks 3,500 3,500
Debtors 22,758 42,650
Cash at bank and in hand 57,530 50,682
83,788 96,832
Creditors: amounts falling due within one year (154,036) (166,468)
Net current assets (liabilities) (70,248) (69,636)
Total assets less current liabilities 912 7,157
Total net assets (liabilities) 912 7,157
Capital and reserves
Called up share capital 100 100
Profit and loss account 812 7,057
Shareholders' funds 912 7,157
  • For the year ending 31 March 2014 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 11 September 2014

And signed on their behalf by:
Nishit Shah, Director

NDR MOTORS LIMITED Registered Number 07179577

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value,
over the useful economic life of that asset as follows:
Plant and machinery 15% on a reducing balance basis
Fixtures, fittings & equipment 15% on a reducing balance basis

2Intangible fixed assets
£
Cost
At 1 April 2013 76,577
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 76,577
Amortisation
At 1 April 2013 11,632
Charge for the year 3,855
On disposals -
At 31 March 2014 15,487
Net book values
At 31 March 2014 61,090
At 31 March 2013 64,945
3Tangible fixed assets
£
Cost
At 1 April 2013 18,318
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 18,318
Depreciation
At 1 April 2013 6,470
Charge for the year 1,778
On disposals -
At 31 March 2014 8,248
Net book values
At 31 March 2014 10,070
At 31 March 2013 11,848