EMOTORPARTS_LIMITED - Accounts

EMOTORPARTS LIMITED - Company Information

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Company Registration No. 08352488 (England and Wales)

EMOTORPARTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2015

EMOTORPARTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

EMOTORPARTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

661,856

Current assets

Debtors

333,371

360,699

Cash at bank and in hand

428

100

333,799

360,799

Creditors: amounts falling due within one year

(289,227)

Net current assets

44,572

360,799

Total assets less current liabilities

706,428

360,799

Creditors: amounts falling due after more than one year

(725,457)

(360,739)

(19,029)

Capital and reserves

Called up share capital

20,000

Profit and loss account

(39,029)

(19,940)

Shareholders' funds

(19,029)

For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 24 May 2016

Mr R Chandarana

Director

Company Registration No. 08352488

EMOTORPARTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Assets under construction

No depreciation.

Fixed assets

Tangible assets

Cost

At 1 September 2014

Additions

661,856

At 31 August 2015

661,856

Debtors

Debtors include an amount of £238,600 (2014 - £352,600) which is due after more than one year.

Share capital

2015

2014

Allotted, called up and fully paid

20,000 Ordinary shares of £1 each

20,000

Ultimate parent company

The ultimate parent company is Bracondale Holdings Limited, a company registered in England and Wales.