Car Transporter Technical Services Limited - Period Ending 2016-09-30

Registration number: 04147913

Car Transporter Technical Services Limited

Unaudited Abbreviated Accounts

for the Year Ended 30 September 2016
 

CSH Consulting
Chartered Certified Accountant
PO Box 7784
Kettering
Northants
NN16 6NU

Car Transporter Technical Services Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Car Transporter Technical Services Limited
(Registration number: 04147913)
Abbreviated Balance Sheet at 30 September 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					505,454			519,205
Current assets
Debtors		3			20,210			74,600
Cash at bank and in hand					64,668			93,525
					84,878			168,125
Creditors: Amounts falling due within one year					(67,085)			(81,490)
Net current assets					17,793			86,635
Total assets less current liabilities					523,247			605,840
Creditors: Amounts falling due after more than one year					(109,255)			(194,275)
Provisions for liabilities					(1,342)			(1,208)
Net assets					412,650			410,357
Capital and reserves
Called up share capital		4			100			100
Profit and loss account					412,550			410,257
Shareholders' funds					412,650			410,357

For the year ending 30 September 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 February 2017 and signed on its behalf by:

.........................................
Mrs Ann Elizabeth Murphy
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Car Transporter Technical Services Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Freehold property	2% Straight line
Plant and machinery	25% Reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Page 2

Car Transporter Technical Services Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 October 2015		755,000			755,000
Additions		8,950			8,950
Disposals		(33,954)			(33,954)
At 30 September 2016		729,996			729,996
Depreciation
At 1 October 2015		235,795			235,795
Charge for the year		16,659			16,659
Eliminated on disposals		(27,912)			(27,912)
At 30 September 2016		224,542			224,542
Net book value
At 30 September 2016		505,454			505,454
At 30 September 2015		519,205			519,205

3

Debtors

Debtors includes £nil (2015 - £25,311) receivable after more than one year.

 

4	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3