Abbreviated Company Accounts - SD MOTORS LIMITED

07974295 SD MOTORS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 07974295 2015-04-01 2016-03-31 07974295 2016-03-31 07974295 2015-03-31 07974295 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 07974295 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 07974295

SD MOTORS LIMITED

Abbreviated Accounts

31 March 2016

SD MOTORS LIMITED Registered Number 07974295

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	7,385	11,736
		7,385	11,736
Current assets
Stocks		2,740	2,020
Debtors		21,650	13,125
Cash at bank and in hand		2,049	10,879
		26,439	26,024
Creditors: amounts falling due within one year		(8,186)	(15,302)
Net current assets (liabilities)		18,253	10,722
Total assets less current liabilities		25,638	22,458
Creditors: amounts falling due after more than one year		(25,416)	(22,250)
Total net assets (liabilities)		222	208
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		122	108
Shareholders' funds		222	208

For the year ending 31 March 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 15 August 2016

And signed on their behalf by:
Ms D Sakalawalli Acharige, Director

SD MOTORS LIMITED Registered Number 07974295

Notes to the Abbreviated Accounts for the period ended 31 March 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
Motor vehicles 25% straight line

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 April 2015	21,753
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	21,753
Depreciation
At 1 April 2015	10,017
Charge for the year	4,351
On disposals	-
At 31 March 2016	14,368
Net book values
At 31 March 2016	7,385
At 31 March 2015	11,736

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

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100