Abbreviated Company Accounts - SOUTH LAKES MOBILITY LIMITED

Abbreviated Company Accounts - SOUTH LAKES MOBILITY LIMITED

SOUTH LAKES MOBILITY LIMITED - Company Information

Print Friendly Version

Registered Number 08587820

SOUTH LAKES MOBILITY LIMITED

Abbreviated Accounts

30 June 2016

SOUTH LAKES MOBILITY LIMITED Registered Number 08587820

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 12,337 5,286
12,337 5,286
Current assets
Stocks 15,000 15,000
Debtors 2,846 -
Cash at bank and in hand - 6,328
17,846 21,328
Creditors: amounts falling due within one year (25,858) (25,507)
Net current assets (liabilities) (8,012) (4,179)
Total assets less current liabilities 4,325 1,107
Total net assets (liabilities) 4,325 1,107
Capital and reserves
Called up share capital 160 160
Profit and loss account 4,165 947
Shareholders' funds 4,325 1,107
  • For the year ending 30 June 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 13 February 2017

And signed on their behalf by:
D J Gibson, Director
T M Gibson, Director

SOUTH LAKES MOBILITY LIMITED Registered Number 08587820

Notes to the Abbreviated Accounts for the period ended 30 June 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

2Tangible fixed assets
£
Cost
At 1 July 2015 7,344
Additions 13,400
Disposals (5,233)
Revaluations -
Transfers -
At 30 June 2016 15,511
Depreciation
At 1 July 2015 2,058
Charge for the year 2,019
On disposals (903)
At 30 June 2016 3,174
Net book values
At 30 June 2016 12,337
At 30 June 2015 5,286