AMESPLAN_LIMITED - Accounts
AMESPLAN_LIMITED - Accounts
Company Registration No. 08427781 (England and Wales)
(FORMERLY DDP AUTO LIMITED)
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
(FORMERLY DDP AUTO LIMITED)
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
(FORMERLY DDP AUTO LIMITED)
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(319,592 )
(362,263 )
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
3
(142,968 )
(151,800 )
351,684
157,714
Capital and reserves
Called up share capital
4
Revaluation reserve
-
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 27 January 2017
Director
Company Registration No. 08427781
(FORMERLY DDP AUTO LIMITED)
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
1.4
Tangible fixed assets and depreciation
Land and buildings Leasehold
Fixtures, fittings & equipment
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
(FORMERLY DDP AUTO LIMITED)
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2016
- 3 -
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 May 2015
290,953
Additions
5,130
Revaluation
118,841
At 30 April 2016
414,924
Depreciation
At 1 May 2015
950
Charge for the year
724
At 30 April 2016
1,674
Net book value
At 30 April 2016
413,250
At 30 April 2015
290,003
3
Creditors: amounts falling due after more than one year
2016
2015
£
£
Analysis of loans repayable in more than five years
The aggregate amount of creditors for which security has been given amounted to £149,489 (2015 - £158,321).
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid
5
Control
No party controls the company.