International Car Sales Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06572905 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

International Car Sales Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Mc Keon

SECRETARY:

REGISTERED OFFICE:

Blue House Farm Office

Brentwood Road

West Horndon

Essex

CM13 3LX

REGISTERED NUMBER:

06572905 (England and Wales)

ACCOUNTANTS:

The Randall's Partnsership Ltd

Chartered Accountants

Blue House Farm Office

Brentwood Road

West Horndon

Essex

CM13 3LX

CURRENT ASSETS

Stocks

2,307

Debtors

23,443

Cash at bank

1,170

26,920

CREDITORS

Amounts falling due within one year

29,036

NET CURRENT LIABILITIES

(2,116

)

(2,116

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,116

)

(2,116

)

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

(2,216

)

(2,216

)

SHAREHOLDERS' FUNDS

(2,116

)

(2,116

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 20 January 2017 and were signed by:

A Mc Keon - 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).

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation

computations in periods different from those in which they are included in the company's

accounts. Deferred tax is provided in full on timing differences which result in an obligation

to to pay more (or less) tax at a future, at the tax average rates that are expected to apply

when the timing differences reverse, based on current tax rates and laws.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

1

Ordinary

£100

100