Abbreviated Company Accounts - EURO SCOOTERS LIMITED

NW4 MOTORCYCLES LTD - Company Information

03204793 EURO SCOOTERS LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 03204793 2015-06-01 2016-05-31 03204793 2016-05-31 03204793 2015-05-31 03204793 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 03204793 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 03204793

EURO SCOOTERS LIMITED

Abbreviated Accounts

31 May 2016

EURO SCOOTERS LIMITED Registered Number 03204793

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	5,000	5,000
Tangible assets	3	1,758	2,068
		6,758	7,068
Current assets
Stocks		40,500	43,000
Debtors		35,622	37,076
Cash at bank and in hand		202	169
		76,324	80,245
Creditors: amounts falling due within one year		(36,041)	(40,778)
Net current assets (liabilities)		40,283	39,467
Total assets less current liabilities		47,041	46,535
Total net assets (liabilities)		47,041	46,535
Capital and reserves
Called up share capital	4	14,500	14,500
Profit and loss account		32,541	32,035
Shareholders' funds		47,041	46,535

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 31 May 2016

And signed on their behalf by:
S Mahdi, Director

EURO SCOOTERS LIMITED Registered Number 03204793

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

2Intangible fixed assets

	£
Cost
At 1 June 2015	5,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	5,000
Amortisation
At 1 June 2015	-
Charge for the year	-
On disposals	-
At 31 May 2016	-
Net book values
At 31 May 2016	5,000
At 31 May 2015	5,000

3Tangible fixed assets

	£
Cost
At 1 June 2015	36,992
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	36,992
Depreciation
At 1 June 2015	34,924
Charge for the year	310
On disposals	-
At 31 May 2016	35,234
Net book values
At 31 May 2016	1,758
At 31 May 2015	2,068

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
14,500 Ordinary shares of £1 each	14,500	14,500