Abbreviated Company Accounts - DIRECT AUTOS SERVICING LIMITED

Abbreviated Company Accounts - DIRECT AUTOS SERVICING LIMITED

DIRECT AUTOS SERVICING LIMITED - Company Information

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Registered Number 05945296

DIRECT AUTOS SERVICING LIMITED

Abbreviated Accounts

31 October 2013

DIRECT AUTOS SERVICING LIMITED Registered Number 05945296

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 7,226 4,968
7,226 4,968
Current assets
Stocks 10,250 9,500
Debtors 9,109 2,513
Cash at bank and in hand 6,866 8,225
26,225 20,238
Creditors: amounts falling due within one year (33,304) (17,466)
Net current assets (liabilities) (7,079) 2,772
Total assets less current liabilities 147 7,740
Total net assets (liabilities) 147 7,740
Capital and reserves
Called up share capital 1 1
Profit and loss account 146 7,739
Shareholders' funds 147 7,740
  • For the year ending 31 October 2013 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 30 July 2014

And signed on their behalf by:
P beard, Director

DIRECT AUTOS SERVICING LIMITED Registered Number 05945296

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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.

Tangible assets depreciation policy
Plant & machinery - 25% reducing balance
Fixtures & fittings - 25% reducing balance
Motor vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2012 10,399
Additions 4,000
Disposals -
Revaluations -
Transfers -
At 31 October 2013 14,399
Depreciation
At 1 November 2012 5,431
Charge for the year 1,742
On disposals -
At 31 October 2013 7,173
Net book values
At 31 October 2013 7,226
At 31 October 2012 4,968