Prestige Car Care Shop Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09087854 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Prestige Car Care Shop Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Cheetham

REGISTERED OFFICE:

Royal Mews

St. Georges Place

Chetenham

Gloucestershire

GL50 3PQ

REGISTERED NUMBER:

09087854 (England and Wales)

ACCOUNTANTS:

Crossley and Co.

Royal Mews

St.Georges Place

Cheltenham

Gloucestershire

GL50 3PQ

CURRENT ASSETS

Stocks

13,500

13,974

Debtors

11,744

-

Cash at bank and in hand

5,350

3,772

30,594

17,746

CREDITORS

Amounts falling due within one year

27,193

16,936

NET CURRENT ASSETS

3,401

810

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,401

810

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

3,301

710

SHAREHOLDERS' FUNDS

3,401

810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 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 17 September 2016 and were signed by:

J Cheetham - 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.

Stocks

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

moving items.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

100

Ordinary A

1

100