Abbreviated Company Accounts - WEYBRIDGE CARS SURREY LIMITED

Abbreviated Company Accounts - WEYBRIDGE CARS SURREY LIMITED

WEYBRIDGE CARS SURREY LIMITED - Company Information

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Registered Number 07958139

WEYBRIDGE CARS SURREY LIMITED

Abbreviated Accounts

29 February 2016

WEYBRIDGE CARS SURREY LIMITED Registered Number 07958139

Abbreviated Balance Sheet as at 29 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 66 83
66 83
Current assets
Debtors 2,704 3,587
Cash at bank and in hand 2,359 12
5,063 3,599
Creditors: amounts falling due within one year (4,821) (3,641)
Net current assets (liabilities) 242 (42)
Total assets less current liabilities 308 41
Total net assets (liabilities) 308 41
Capital and reserves
Called up share capital 1 1
Profit and loss account 307 40
Shareholders' funds 308 41
  • For the year ending 29 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 23 November 2016

And signed on their behalf by:
Zaid Hussain, Director

WEYBRIDGE CARS SURREY LIMITED Registered Number 07958139

Notes to the Abbreviated Accounts for the period ended 29 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.

Turnover policy
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.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 20% straight line

2Tangible fixed assets
£
Cost
At 1 March 2015 130
Additions -
Disposals -
Revaluations -
Transfers -
At 29 February 2016 130
Depreciation
At 1 March 2015 47
Charge for the year 17
On disposals -
At 29 February 2016 64
Net book values
At 29 February 2016 66
At 28 February 2015 83