Abbreviated Company Accounts - FIRST CLASS CARS (FCC) LTD

FIRST CLASS CARS (FCC) LTD - Company Information

05289287 FIRST CLASS CARS (FCC) LTD 2016-01-31 false 2015-02-01 2016-01-31 true 05289287 2015-02-01 2016-01-31 05289287 2016-01-31 05289287 2015-01-31 05289287 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 05289287 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 05289287

FIRST CLASS CARS (FCC) LTD

Abbreviated Accounts

31 January 2016

FIRST CLASS CARS (FCC) LTD Registered Number 05289287

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	7,816	5,860
		7,816	5,860
Current assets
Stocks		325,510	312,345
Debtors		-	35,940
Cash at bank and in hand		125,938	50,518
		451,448	398,803
Creditors: amounts falling due within one year		(327,073)	(310,207)
Net current assets (liabilities)		124,375	88,596
Total assets less current liabilities		132,191	94,456
Total net assets (liabilities)		132,191	94,456
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		132,190	94,455
Shareholders' funds		132,191	94,456

For the year ending 31 January 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 25 May 2016

And signed on their behalf by:
Mr D Gundry, Director

FIRST CLASS CARS (FCC) LTD Registered Number 05289287

Notes to the Abbreviated Accounts for the period ended 31 January 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
The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the period.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.

Fixtures and fittings 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 February 2015	18,561
Additions	3,335
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	21,896
Depreciation
At 1 February 2015	12,701
Charge for the year	1,379
On disposals	-
At 31 January 2016	14,080
Net book values
At 31 January 2016	7,816
At 31 January 2015	5,860

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

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