Sussex Auto Services Limited - Limited company - abbreviated - 11.9
Sussex Auto Services Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts for the Year Ended 31 August 2015 |
| for |
| Sussex Auto Services Limited |
| Trading as |
| Auto Gearbox Specialists |
| Sussex Auto Services Limited (Registered number: 03898305) |
| Trading as Auto Gearbox Specialists |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 August 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Sussex Auto Services Limited |
| Trading as Auto Gearbox Specialists |
| Company Information |
| for the Year Ended 31 August 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Tax Advisor & International Accountant |
| Sussex Auto Services Limited (Registered number: 03898305) |
| Trading as Auto Gearbox Specialists |
| Abbreviated Balance Sheet |
| 31 August 2015 |
| 31.8.15 | 31.8.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Sussex Auto Services Limited (Registered number: 03898305) |
| Trading as Auto Gearbox Specialists |
| Abbreviated Balance Sheet - continued |
| 31 August 2015 |
| The financial statements were approved by the director on |
| Sussex Auto Services Limited (Registered number: 03898305) |
| Trading as Auto Gearbox Specialists |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 August 2015 |
| 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. |
| Intangible assets |
| Acquired goodwill is amortised over 20 years - Straight Line |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2014 |
| and 31 August 2015 |
| AMORTISATION |
| At 1 September 2014 |
| Amortisation for year |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| Sussex Auto Services Limited (Registered number: 03898305) |
| Trading as Auto Gearbox Specialists |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 August 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 September 2014 |
| Additions |
| Disposals | ( |
) |
| At 31 August 2015 |
| DEPRECIATION |
| At 1 September 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 August 2015 |
| NET BOOK VALUE |
| At 31 August 2015 |
| At 31 August 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.8.15 | 31.8.14 |
| value: | £ | £ |
| Ordinary class A | £1 |
| Ordinary class B | £1 |
| 403 | 403 |
| 5. | ULTIMATE CONTROLLING PARTY |
| The company is owned by its director who has 100% of the issued voting share capital |