A B Truck & Industrial Parts Limited - Limited company - abbreviated

REGISTERED NUMBER: 07025491

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

A B TRUCK & INDUSTRIAL PARTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A G Bates

SECRETARY:

Mr A G Bates

REGISTERED OFFICE:

341 Penn Road

Wolverhampton

West Midlands

WV4 5QF

REGISTERED NUMBER:

07025491

ACCOUNTANTS:

Poole Waterfield Limited

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

FIXED ASSETS

Tangible assets

2

494

988

CURRENT ASSETS

Stocks

2,500

Debtors

804

2,561

Cash at bank

10,673

14,283

13,977

19,344

CREDITORS

Amounts falling due within one year

9,445

13,515

NET CURRENT ASSETS

4,532

5,829

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,026

6,817

PROVISIONS FOR LIABILITIES

99

198

NET ASSETS

4,927

6,619

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

4,925

6,617

SHAREHOLDERS' FUNDS

4,927

6,619

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 3 March 2016 and were signed by:

Mr A G Bates - Director

1.	ACCOUNTING POLICIES

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 goods, 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 etc

-

25% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

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

At 1 October 2014

and 30 September 2015

5,088

DEPRECIATION

At 1 October 2014

4,100

Charge for year

494

At 30 September 2015

4,594

NET BOOK VALUE

At 30 September 2015

494

At 30 September 2014

988

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

2

Ordinary

£1

2

A B Truck & Industrial Parts Limited - Limited company - abbreviated - 11.9

A B Truck & Industrial Parts Limited - Limited company - abbreviated - 11.9