Sussex Vehicles Finance Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04729355 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

SUSSEX VEHICLES FINANCE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs H Glazebrook

R G Glazebrook

SECRETARY:

R G Glazebrook

REGISTERED OFFICE:

Carlton House

28/29 Carlton Terrace

Portslade

East Sussex

BN41 1UR

REGISTERED NUMBER:

04729355 (England and Wales)

ACCOUNTANTS:

Haines & Co

Chartered Accountants

Carlton House

28/29 Carlton Terrace

Portslade

East Sussex

BN41 1UR

FIXED ASSETS

Tangible assets

2

125

167

CURRENT ASSETS

Debtors

6,657

3,427

Cash at bank

2,644

7,797

9,301

11,224

CREDITORS

Amounts falling due within one year

8,961

10,008

NET CURRENT ASSETS

340

1,216

TOTAL ASSETS LESS CURRENT
LIABILITIES

465

1,383

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

365

1,283

SHAREHOLDERS' FUNDS

465

1,383

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 15 December 2016 and were signed on its behalf by:

Mrs H Glazebrook - 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

1,883

DEPRECIATION

At 1 April 2015

1,716

Charge for year

42

At 31 March 2016

1,758

NET BOOK VALUE

At 31 March 2016

125

At 31 March 2015

167

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100