N K Motors (Fast Fit) Limited - Limited company - abbreviated - 11.0.0
N K Motors (Fast Fit) Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 December 2013 |
| for |
| N K Motors (Fast Fit) Limited |
| N K Motors (Fast Fit) Limited (Registered number: 02937427) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 4 |
| N K Motors (Fast Fit) Limited |
| Company Information |
| for the Year Ended 31 December 2013 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| N K Motors (Fast Fit) Limited (Registered number: 02937427) |
| Abbreviated Balance Sheet |
| 31 December 2013 |
| 2013 | 2012 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the Board of Directors on its behalf by: |
| N K Motors (Fast Fit) Limited (Registered number: 02937427) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 December 2013 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company meets its day to day working capital requirements through an overdraft facility which is |
| repayable on demand and a loan from a related business. |
| The directors consider that the company will continue to operate within the facilities currently agreed. |
| On this basis, the directors consider it appropriate to prepare the financial statements on the going |
| concern basis. The financial statements do not include any adjustments that would result from a |
| withdrawal of the overdraft facility by the company's bankers or the loan from the related business. |
| 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 April 2008). |
| Turnover |
| Turnover represents rents received for the year, excluding Value Added Tax. |
| Tangible fixed assets |
| Buildings | - |
| Plant and machinery | - |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 January 2013 |
| and 31 December 2013 |
| DEPRECIATION |
| At 1 January 2013 |
| Charge for year |
| At 31 December 2013 |
| NET BOOK VALUE |
| At 31 December 2013 |
| At 31 December 2012 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2013 | 2012 |
| value: | £ | £ |
| Ordinary | £1 |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| N K Motors (Fast Fit) Limited |
| 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 three) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of N K Motors (Fast Fit) Limited for the year ended 31 December 2013 which |
| comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's |
| accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we |
| are subject to its ethical and other professional requirements which are detailed at |
| icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of N K Motors (Fast Fit) Limited, as a body, in accordance |
| with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial |
| statements of N K Motors (Fast Fit) Limited and state those matters that we have agreed to state to the Board |
| of Directors of N K Motors (Fast Fit) Limited, as a body, in this report in accordance with AAF 2/10 as detailed |
| at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to |
| anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that N K Motors (Fast Fit) Limited has kept adequate accounting records and to |
| prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position |
| and loss of N K Motors (Fast Fit) Limited. You consider that N K Motors (Fast Fit) Limited is exempt from the |
| statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of N K Motors (Fast |
| Fit) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or |
| information and explanations you have given to us and we do not, therefore, express any opinion on the |
| statutory financial statements. |
| Chartered Accountants |
| 29 September 2014 |