Abbreviated Company Accounts - JUST VEHICLE RENTAL LIMITED

Abbreviated Company Accounts - JUST VEHICLE RENTAL LIMITED

JUST VEHICLE RENTAL LIMITED - Company Information

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Registered Number 08710542

JUST VEHICLE RENTAL LIMITED

Abbreviated Accounts

31 July 2016

JUST VEHICLE RENTAL LIMITED Registered Number 08710542

Abbreviated Balance Sheet as at 31 July 2016

Notes 31/07/2016 30/09/2015
£ £
Fixed assets
Tangible assets 2 541,187 296,428
541,187 296,428
Current assets
Debtors 150,132 32,376
Cash at bank and in hand 72,554 19,475
222,686 51,851
Creditors: amounts falling due within one year 3 (326,811) (197,166)
Net current assets (liabilities) (104,125) (145,315)
Total assets less current liabilities 437,062 151,113
Creditors: amounts falling due after more than one year 3 (363,444) (154,167)
Total net assets (liabilities) 73,618 (3,054)
Capital and reserves
Called up share capital 1 1
Profit and loss account 73,617 (3,055)
Shareholders' funds 73,618 (3,054)
  • For the year ending 31 July 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 3 October 2016

And signed on their behalf by:
Terry Matthews, Director

JUST VEHICLE RENTAL LIMITED Registered Number 08710542

Notes to the Abbreviated Accounts for the period ended 31 July 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
Represents sales excluding VAT

Tangible assets depreciation policy
15 -33 % on Fixtures fittings and equipment
20-25% Motor vehicle Reducing balance basis

2Tangible fixed assets
£
Cost
At 1 October 2015 334,153
Additions 475,639
Disposals (98,903)
Revaluations -
Transfers -
At 31 July 2016 710,889
Depreciation
At 1 October 2015 37,725
Charge for the year 147,620
On disposals (15,643)
At 31 July 2016 169,702
Net book values
At 31 July 2016 541,187
At 30 September 2015 296,428
3Creditors
31/07/2016
£		 30/09/2015
£
Secured Debts 326,811 197,166