Abbreviated Company Accounts - VEHICLE IMPROVEMENT PRODUCTS LIMITED

Abbreviated Company Accounts - VEHICLE IMPROVEMENT PRODUCTS LIMITED

VEHICLE IMPROVEMENT PRODUCTS LIMITED - Company Information

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Registered Number 07499467

VEHICLE IMPROVEMENT PRODUCTS LIMITED

Abbreviated Accounts

31 January 2014

VEHICLE IMPROVEMENT PRODUCTS LIMITED Registered Number 07499467

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,455 985
1,455 985
Current assets
Stocks 1,698 2,470
Cash at bank and in hand 2,303 159
4,001 2,629
Creditors: amounts falling due within one year (22,461) (11,982)
Net current assets (liabilities) (18,460) (9,353)
Total assets less current liabilities (17,005) (8,368)
Total net assets (liabilities) (17,005) (8,368)
Capital and reserves
Called up share capital 1 1
Profit and loss account (17,006) (8,369)
Shareholders' funds (17,005) (8,368)
  • For the year ending 31 January 2014 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 October 2014

And signed on their behalf by:
N Ireland, Director

VEHICLE IMPROVEMENT PRODUCTS LIMITED Registered Number 07499467

Notes to the Abbreviated Accounts for the period ended 31 January 2014

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.

2Tangible fixed assets
£
Cost
At 1 February 2013 1,400
Additions 1,034
Disposals -
Revaluations -
Transfers -
At 31 January 2014 2,434
Depreciation
At 1 February 2013 415
Charge for the year 564
On disposals -
At 31 January 2014 979
Net book values
At 31 January 2014 1,455
At 31 January 2013 985