A.D.S. AUTOMOTIVE DIAGNOSTIC SOLUTIONS L - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03887717 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 December 2013

for

A.D.S. AUTOMOTIVE DIAGNOSTIC

SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

F Massey

D F Massey

REGISTERED OFFICE:

G5 PTMC

Marsh Lane

Preston

PR1 8UQ

REGISTERED NUMBER:

03887717 (England and Wales)

ACCOUNTANTS:

Danbro Business Limited

Unit 15, Thompson Road

Whitehills Business Park

Blackpool

Lancashire

FY4 5PN

FIXED ASSETS

Intangible assets

2

16,650

16,650

Tangible assets

3

34,993

45,528

51,643

62,178

CURRENT ASSETS

Stocks

2,000

2,500

Debtors

1,306

9,923

Cash in hand

40

-

3,346

12,423

CREDITORS

Amounts falling due within one year

54,494

76,577

NET CURRENT LIABILITIES

(51,148

)

(64,154

)

TOTAL ASSETS LESS CURRENT LIABILITIES

495

(1,976

)

CAPITAL AND RESERVES

Called up share capital

4

3

3

Profit and loss account

492

(1,979

)

SHAREHOLDERS' FUNDS

495

(1,976

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 17 September 2014 and were signed on its behalf by:

F Massey - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of nil years.

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, 25% on reducing balance, 20% on reducing balance and 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

18,500

AMORTISATION

At 1 January 2013

and 31 December 2013

1,850

NET BOOK VALUE

At 31 December 2013

16,650

At 31 December 2012

16,650

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

95,551

Additions

1,128

At 31 December 2013

96,679

DEPRECIATION

At 1 January 2013

50,023

Charge for year

11,663

At 31 December 2013

61,686

NET BOOK VALUE

At 31 December 2013

34,993

At 31 December 2012

45,528

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

3

Ordinary

1

3

3

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 five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended

31 December 2013 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Danbro Business Limited

Unit 15, Thompson Road

Whitehills Business Park

Blackpool

Lancashire

FY4 5PN

Date: .............................................