Abbreviated Company Accounts - R'S AUTOS (MOT) LIMITED

R'S AUTOS (MOT) LIMITED - Company Information

05114614 R'S AUTOS (MOT) LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 05114614 2013-05-01 2014-04-30 05114614 2014-04-30 05114614 2013-04-30 05114614 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 05114614 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-30 iso4217:GBP shares

Registered Number 05114614

R'S AUTOS (MOT) LIMITED

Abbreviated Accounts

30 April 2014

R'S AUTOS (MOT) LIMITED Registered Number 05114614

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	552	736
		552	736
Current assets
Debtors		20,280	34,788
Cash at bank and in hand		18,098	14,318
		38,378	49,106
Creditors: amounts falling due within one year		(7,501)	(9,733)
Net current assets (liabilities)		30,877	39,373
Total assets less current liabilities		31,429	40,109
Total net assets (liabilities)		31,429	40,109
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		31,329	40,009
Shareholders' funds		31,429	40,109

For the year ending 30 April 2014 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 20 October 2014

And signed on their behalf by:
R I HIBBLE, Director

R'S AUTOS (MOT) LIMITED Registered Number 05114614

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property - 15% Straight line
Plant & Machinery - 25% Reducing balance
Fixtures & Fittings - 15% Straight line
Equipment - 25% Straight line

Valuation information and policy
All fixed assets are initially recorded at cost.

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 May 2013	7,403
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	7,403
Depreciation
At 1 May 2013	6,667
Charge for the year	184
On disposals	-
At 30 April 2014	6,851
Net book values
At 30 April 2014	552
At 30 April 2013	736

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
70 A Ordinary shares of £1 each	70	70
30 B Ordinary shares of £1 each	30	30

A and B shares carry equal rights in relation to voting, participating in dividends and participating in the distribution of capital in the winding up of the company.