Abbreviated Company Accounts - SWIFT CAR HIRE LTD

SWIFT CAR HIRE LTD - Company Information

03708913 SWIFT CAR HIRE LTD 2016-03-31 false 2015-04-01 2016-03-31 true 03708913 2015-04-01 2016-03-31 03708913 2016-03-31 03708913 2015-03-31 03708913 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 03708913 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 03708913

SWIFT CAR HIRE LTD

Abbreviated Accounts

31 March 2016

SWIFT CAR HIRE LTD Registered Number 03708913

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,909	3,553
		2,909	3,553
Current assets
Debtors		30,917	58,617
Cash at bank and in hand		18,307	20,792
		49,224	79,409
Creditors: amounts falling due within one year		(317)	(12,749)
Net current assets (liabilities)		48,907	66,660
Total assets less current liabilities		51,816	70,213
Total net assets (liabilities)		51,816	70,213
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		51,815	70,212
Shareholders' funds		51,816	70,213

For the year ending 31 March 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 23 August 2016

And signed on their behalf by:
J HOWARD, Director

SWIFT CAR HIRE LTD Registered Number 03708913

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 equipment 15% on net book value
Motor vehicles 25% on net book value

2Tangible fixed assets

	£
Cost
At 1 April 2015	18,200
Additions	-
Disposals	(5,000)
Revaluations	-
Transfers	-
At 31 March 2016	13,200
Depreciation
At 1 April 2015	14,647
Charge for the year	644
On disposals	(5,000)
At 31 March 2016	10,291
Net book values
At 31 March 2016	2,909
At 31 March 2015	3,553

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1