Abbreviated Company Accounts - MCGREGOR TRUCK & TRAILER RENTAL LTD

Abbreviated Company Accounts - MCGREGOR TRUCK & TRAILER RENTAL LTD

MCGREGOR TRUCK & TRAILER RENTAL LTD - Company Information

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Registered Number 06540062

MCGREGOR TRUCK & TRAILER RENTAL LTD

Abbreviated Accounts

31 May 2015

MCGREGOR TRUCK & TRAILER RENTAL LTD Registered Number 06540062

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 1,885 2,514
1,885 2,514
Current assets
Debtors 14,548 64,838
Cash at bank and in hand 10,026 526
24,574 65,364
Creditors: amounts falling due within one year (17,251) (54,404)
Net current assets (liabilities) 7,323 10,960
Total assets less current liabilities 9,208 13,474
Total net assets (liabilities) 9,208 13,474
Capital and reserves
Called up share capital 2 2
Profit and loss account 9,206 13,472
Shareholders' funds 9,208 13,474
  • 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 31 March 2016

And signed on their behalf by:
Keith Law, Director

MCGREGOR TRUCK & TRAILER RENTAL LTD Registered Number 06540062

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 the value, net of discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Plant and Machinery 25% reducing balance
Motor Vehicles 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2014 10,450
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 10,450
Depreciation
At 1 June 2014 7,936
Charge for the year 629
On disposals -
At 31 May 2015 8,565
Net book values
At 31 May 2015 1,885
At 31 May 2014 2,514