Abbreviated Company Accounts - MORANTS MOTORS LIMITED

Abbreviated Company Accounts - MORANTS MOTORS LIMITED

MORANTS MOTORS LIMITED - Company Information

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Registered Number 03929743

MORANTS MOTORS LIMITED

Abbreviated Accounts

28 February 2016

MORANTS MOTORS LIMITED Registered Number 03929743

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 8,717 11,623
8,717 11,623
Current assets
Cash at bank and in hand 70,919 114,451
70,919 114,451
Creditors: amounts falling due within one year (10,252) (14,963)
Net current assets (liabilities) 60,667 99,488
Total assets less current liabilities 69,384 111,111
Total net assets (liabilities) 69,384 111,111
Capital and reserves
Called up share capital 2 2
Profit and loss account 69,382 111,109
Shareholders' funds 69,384 111,111
  • For the year ending 28 February 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 22 November 2016

And signed on their behalf by:
M DRUCE-SMITH, Director

MORANTS MOTORS LIMITED Registered Number 03929743

Notes to the Abbreviated Accounts for the period ended 28 February 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.

2Tangible fixed assets
£
Cost
At 1 March 2015 182,659
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 182,659
Depreciation
At 1 March 2015 171,036
Charge for the year 2,906
On disposals -
At 28 February 2016 173,942
Net book values
At 28 February 2016 8,717
At 28 February 2015 11,623