Abbreviated Company Accounts - LEMAC AUTOS LTD

08601218 LEMAC AUTOS LTD 2015-07-31 false 2014-08-01 2015-07-31 true 08601218 2014-08-01 2015-07-31 08601218 2015-07-31 08601218 2014-07-31 08601218 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 08601218 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 08601218

LEMAC AUTOS LTD

Abbreviated Accounts

31 July 2015

LEMAC AUTOS LTD Registered Number 08601218

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	20,353	17,563
		20,353	17,563
Current assets
Debtors		29,088	27,287
Cash at bank and in hand		4,392	8,012
		33,480	35,299
Creditors: amounts falling due within one year		(27,330)	(20,786)
Net current assets (liabilities)		6,150	14,513
Total assets less current liabilities		26,503	32,076
Creditors: amounts falling due after more than one year		(26,000)	(26,000)
Total net assets (liabilities)		503	6,076
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		403	5,976
Shareholders' funds		503	6,076

For the year ending 31 July 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 7 March 2016

And signed on their behalf by:
L S Mcall, Director

LEMAC AUTOS LTD Registered Number 08601218

Notes to the Abbreviated Accounts for the period ended 31 July 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 net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2014	23,600
Additions	10,500
Disposals	(1,000)
Revaluations	-
Transfers	-
At 31 July 2015	33,100
Depreciation
At 1 August 2014	6,037
Charge for the year	6,960
On disposals	(250)
At 31 July 2015	12,747
Net book values
At 31 July 2015	20,353
At 31 July 2014	17,563

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100