Accounts filed on 31-01-2016

Accounts filed on 31-01-2016

MOTO WORKS LTD - Company Information

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081499292014-08-012016-01-31falsetruehttp://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2014-07-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2016-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2014-07-31http://www.companieshouse.gov.uk/cd:Director12014-08-012016-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-07-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2016-01-31http://www.companieshouse.gov.uk/pt:LandBuildingspt:ShortLeaseholdProperties2014-08-012016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-08-012016-01-31http://www.companieshouse.gov.uk/pt:PlantMachinery2014-08-012016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-01-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-08-012016-01-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-07-31http://www.companieshouse.gov.uk/2014-02-012014-07-31http://www.companieshouse.gov.uk/2014-08-012016-01-31http://www.companieshouse.gov.uk/2014-07-31http://www.companieshouse.gov.uk/2016-01-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2014-08-012016-01-31http://www.companieshouse.gov.uk/2014-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08149929
Moto Works Limited
ABBREVIATED ACCOUNTS
FOR THE 549 DAY PERIOD ENDED 31/01/2016
Prepared By:
Professional Renaissance Ltd
Certified Public Accountants
First Floor
69 High Street
Rayleigh
Essex
SS6 7EJ

Moto Works Limited
ABBREVIATED ACCOUNTS
FOR THE 549 DAY PERIOD ENDED 31/01/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 08149929

Moto Works Limited
Registered Number: 08149929
BALANCE SHEET AT 31/01/2016
20162015
Notes££
FIXED ASSETS
Tangible assets25,8523,584
CURRENT ASSETS
Stock1,000750
Debtors (amounts falling due within one year)3922922
Cash at bank and in hand3,13628
5,0581,700
CREDITORS: Amounts falling due within one year14,6701,694
NET CURRENT (LIABILITIES) / ASSETS(9,612)6
TOTAL ASSETS LESS CURRENT LIABILITIES(3,760)3,590
CAPITAL AND RESERVES
Called up share capital411
Profit and loss account(3,761)3,589
SHAREHOLDERS' FUNDS(3,760)3,590
For the year ending 31/01/2016 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 21/06/2016 and signed on their behalf by
Lee Towner
Director

Moto Works Limited
NOTES TO THE ACCOUNTS
FOR THE 549 DAY PERIOD ENDED 31/01/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesstraight line 33.3%
Plant and Machinerystraight line 20%
Commercial Vehiclesstraight line 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Moto Works Limited
2. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercial
PropertiesMachineryVehiclesTotal
££££
Cost
At 01/08/20142,4002,5502,5007,450
Additions--4,0004,000
At 31/01/20162,4002,5506,50011,450
Depreciation
At 01/08/20141,5961,0201,2503,866
For the 549 day period2765269301,732
At 31/01/20161,8721,5462,1805,598
Net Book Amounts
At 31/01/20165281,0044,3205,852
At 31/07/20148041,5301,2503,584
3. DEBTORS 20162015
££
Amounts falling due within one year:
Trade debtors322322
Other debtors600600
922922
4. SHARE CAPITAL 20162015
££
Allotted, issued and fully paid:
55 Class 1 shares of £0.01 each11
11