Micro-entity Accounts - OAKWELL AUTO ELECTRICAL LIMITED

OAKWELL AUTO ELECTRICAL LIMITED - Company Information

01732284 OAKWELL AUTO ELECTRICAL LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 01732284 2014-12-01 2015-11-30 01732284 2015-11-30 01732284 2014-11-30 01732284 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 01732284 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 01732284 uk-gaap-cd-bus:AllEntityOfficers 2014-12-01 2015-11-30 iso4217:GBP shares

Registered Number 01732284

OAKWELL AUTO ELECTRICAL LIMITED

Micro-entity Accounts

30 November 2015

OAKWELL AUTO ELECTRICAL LIMITED Registered Number 01732284

Micro-entity Balance Sheet as at 30 November 2015

	2015	2014
	£	£
Fixed Assets	169,864	177,453
Current Assets	123,650	103,529
Creditors: amounts falling due within one year	(90,241)	(63,183)
Net current assets (liabilities)	33,409	40,346
Total assets less current liabilities	203,273	217,799
Total net assets (liabilities)	203,273	217,799
Capital and reserves	203,273	217,799

For the year ending 30 November 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 4 March 2016

And signed on their behalf by:
Mr B Welsh, Director
Mr P Oakley, Director

OAKWELL AUTO ELECTRICAL LIMITED Registered Number 01732284

Notes to the Micro-entity Accounts for the period ended 30 November 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 value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance
Fixtures and fittings 10% reducing balance
Computer equipment 33% straight line
Land and buildings No depreciation
Motor vehicles 25% straight line