Rent-A-Van Sales (Redditch) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 00955576 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

Rent-A-Van Sales (Redditch) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A R Boss

R M Boss

SECRETARY:

Mrs J P D Boss

REGISTERED OFFICE:

The Animal Hospital

Bradley Cottage

Banks Green, Upper Bentley

Redditch

Worcestershire

B97 5SU

REGISTERED NUMBER:

00955576 (England and Wales)

ACCOUNTANTS:

Brotherton & Co

Abbeydale House

166 Easemore Road

Riverside

Redditch

Worcestershire

B98 8HE

FIXED ASSETS

Tangible assets

2

175,159

175,589

CURRENT ASSETS

Stocks

80,461

70,662

Debtors

21,424

22,872

101,885

93,534

CREDITORS

Amounts falling due within one year

178,205

147,838

NET CURRENT LIABILITIES

(76,320

)

(54,304

)

TOTAL ASSETS LESS CURRENT LIABILITIES

98,839

121,285

CREDITORS

Amounts falling due after more than one year

55,328

64,913

NET ASSETS

43,511

56,372

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

43,411

56,272

SHAREHOLDERS' FUNDS

43,511

56,372

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 23 March 2016 and were signed on its behalf by:

A R Boss - 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 the cost less estimated residual value of each asset over its estimated useful life.

Land and buildings

-

Zero - consisting mainly of land

Plant and machinery etc

-

15% on reducing balance

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 July 2014

and 30 June 2015

181,831

DEPRECIATION

At 1 July 2014

6,242

Charge for year

430

At 30 June 2015

6,672

NET BOOK VALUE

At 30 June 2015

175,159

At 30 June 2014

175,589

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

ordinary

1

100

100