Ejector Trailer Rentals and Leasing Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04223836

Abbreviated Accounts

for the Year Ended 31 December 2013

for

Ejector Trailer Rentals and Leasing

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J T Cox

SECRETARY:

Mrs M Davis

REGISTERED OFFICE:

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

REGISTERED NUMBER:

04223836

ACCOUNTANTS:

Cox & Co

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

24,459

28,775

24,459

28,775

CURRENT ASSETS

Debtors

7,659

6,900

Cash at bank

32,949

46,333

40,608

53,233

CREDITORS

Amounts falling due within one year

(49,770

)

(62,481

)

NET CURRENT LIABILITIES

(9,162

)

(9,248

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,297

19,527

PROVISIONS FOR LIABILITIES

(4,892

)

(5,467

)

NET ASSETS

10,405

14,060

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

10,404

14,059

SHAREHOLDERS' FUNDS

10,405

14,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 26 September 2014 and were signed by:

J T Cox - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of two years.

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

-

20% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

117,864

AMORTISATION

At 1 January 2013

and 31 December 2013

117,864

NET BOOK VALUE

At 31 December 2013

-

At 31 December 2012

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 January 2013

and 31 December 2013

253,773

DEPRECIATION

At 1 January 2013

224,998

Charge for year

4,316

At 31 December 2013

229,314

NET BOOK VALUE

At 31 December 2013

24,459

At 31 December 2012

28,775

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 December 2013 the company owed the directors £43,411 (2012 - £55,583).