A C F (TRUCK PARTS) LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07331163 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

A C F (TRUCK PARTS) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

5

DIRECTORS:

R Bradford

Mrs K J Bradford

REGISTERED OFFICE:

23 Mountside

Stanmore

Middlesex

HA7 2DS

REGISTERED NUMBER:

07331163 (England and Wales)

ACCOUNTANTS:

KIAN & CO.

Chartered Accountants

23 Mountside

Stanmore

Middlesex

HA7 2DS

FIXED ASSETS

Tangible assets

2

5,466

-

CURRENT ASSETS

Stocks

39,642

-

Debtors

111,624

100

Cash at bank

13,214

-

164,480

100

CREDITORS

Amounts falling due within one year

142,635

-

NET CURRENT ASSETS

21,845

100

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,311

100

PROVISIONS FOR LIABILITIES

984

-

NET ASSETS

26,327

100

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

26,227

-

SHAREHOLDERS' FUNDS

26,327

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 August 2016 and were signed on its behalf
by:

R Bradford - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service

contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs

to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable

value is less than cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

8,200

At 31 December 2015

8,200

DEPRECIATION

Charge for year

2,734

At 31 December 2015

2,734

NET BOOK VALUE

At 31 December 2015

5,466

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

50

Ordinary 'A'

£1

50

Ordinary 'B'

£1

50

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

KIAN & CO.

Chartered Accountants

23 Mountside

Stanmore

Middlesex

HA7 2DS

31 August 2016