Tyre Reifen Engineering&Development Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07508490 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

TYRE REIFEN ENGINEERING AND DEVELOPMENT

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

R Collier

Mrs E J Collier

SECRETARY:

Mrs E J Collier

REGISTERED OFFICE:

The White House

Warrington Road

Northwich

Cheshire

CW8 4QU

REGISTERED NUMBER:

07508490 (England and Wales)

ACCOUNTANTS:

Accountancy Services (Cheshire) Limited

205a Nantwich Road

Crewe

Cheshire

CW2 6DD

FIXED ASSETS

Tangible assets

2

97,659

121,695

CURRENT ASSETS

Debtors

5,069

-

Cash at bank

23,866

32,581

28,935

32,581

CREDITORS

Amounts falling due within one year

1,173

63,504

NET CURRENT ASSETS/(LIABILITIES)

27,762

(30,923

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

125,421

90,772

ACCRUALS AND DEFERRED INCOME

41,948

-

NET ASSETS

83,473

90,772

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

83,373

90,672

SHAREHOLDERS' FUNDS

83,473

90,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the
company as at the end of each financial year and of its profit or loss for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with
the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14 December 2016 and were
signed on its behalf by:

R Collier - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

15% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight

line basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

188,269

Additions

7,165

At 31 March 2016

195,434

DEPRECIATION

At 1 April 2015

66,574

Charge for year

31,201

At 31 March 2016

97,775

NET BOOK VALUE

At 31 March 2016

97,659

At 31 March 2015

121,695

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100