Abbreviated Company Accounts - BEST MOTORS SERVICE CENTRE LTD

BEST MOTORS SERVICE CENTRE LTD - Company Information

Registered Number 06227821

BEST MOTORS SERVICE CENTRE LTD

Abbreviated Accounts

31 May 2016

BEST MOTORS SERVICE CENTRE LTD Registered Number 06227821

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	20,542	22,862
		20,542	22,862
Current assets
Stocks		24,000	32,000
Debtors		1,573	3,762
Cash at bank and in hand		45,635	36,823
		71,208	72,585
Creditors: amounts falling due within one year		(54,637)	(64,677)
Net current assets (liabilities)		16,571	7,908
Total assets less current liabilities		37,113	30,770
Creditors: amounts falling due after more than one year		-	0
Total net assets (liabilities)		37,113	30,770
Capital and reserves
Called up share capital		100	100
Profit and loss account		37,013	30,670
Shareholders' funds		37,113	30,770

For the year ending 31 May 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 20 December 2016

And signed on their behalf by:
Mr Ali Bezgingol, Director

BEST MOTORS SERVICE CENTRE LTD Registered Number 06227821

Notes to the Abbreviated Accounts for the period ended 31 May 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
Represents firm's day to day sales, based on invoices made, and was exclusive of VAT, as a motor
service garage.

Tangible assets depreciation policy
To write off cost of each asset less its estimated residual value over it's expected useful life by 15% pa
on a reducing line method

Valuation information and policy
All the information are provided by the director.

2Tangible fixed assets

	£
Cost
At 1 June 2015	52,252
Additions	1,305
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	53,557
Depreciation
At 1 June 2015	29,390
Charge for the year	3,625
On disposals	-
At 31 May 2016	33,015
Net book values
At 31 May 2016	20,542
At 31 May 2015	22,862