| www.CarzoneNI.co.uk Limited |
| Registered number: |
NI606271 |
| Abbreviated Balance Sheet |
| as at 31 August 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
47,083 |
|
|
- |
| Tangible assets |
3 |
|
|
33,267 |
|
|
- |
|
|
|
|
80,350 |
|
|
- |
|
| Current assets |
| Stocks |
|
|
221,980 |
|
|
- |
| Debtors |
|
|
18,430 |
|
|
- |
| Cash at bank and in hand |
|
|
102 |
|
|
100 |
|
|
|
240,512 |
|
|
100 |
|
| Creditors: amounts falling due within one year |
|
|
(209,059) |
|
|
- |
|
| Net current assets |
|
|
|
31,453 |
|
|
100 |
|
| Total assets less current liabilities |
|
|
|
111,803 |
|
|
100 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(105,170) |
|
|
- |
|
|
|
| Net assets |
|
|
|
6,633 |
|
|
100 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
200 |
|
|
100 |
| Profit and loss account |
|
|
|
6,433 |
|
|
- |
|
| Shareholders' funds |
|
|
|
6,633 |
|
|
100 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Gerard McNamee |
| Director |
| Approved by the board on 17 November 2016 |
|
| www.CarzoneNI.co.uk Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 31 August 2016 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Motor vehicles |
25% reducing balance |
|
Property improvements |
10% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
Additions |
50,000 |
|
At 31 August 2016 |
50,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the period |
2,917 |
|
At 31 August 2016 |
2,917 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2016 |
47,083 |
|
|
|
|
|
|
|
|
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years. |
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
36,489 |
|
At 31 August 2016 |
36,489 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
3,222 |
|
At 31 August 2016 |
3,222 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2016 |
33,267 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
200 |
|
200 |
|
100 |
|
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
|
|
|
|
|
|
