Abbreviated Company Accounts - WINDMILL AUTOS LIMITED

WINDMILL AUTOS LIMITED - Company Information

08439914 WINDMILL AUTOS LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 08439914 2015-07-01 2016-06-30 08439914 2016-06-30 08439914 2015-06-30 08439914 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 08439914 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 08439914

WINDMILL AUTOS LIMITED

Abbreviated Accounts

30 June 2016

WINDMILL AUTOS LIMITED Registered Number 08439914

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	47,801	50,317
		47,801	50,317
Current assets
Stocks		576,085	221,097
Debtors		3,550	-
Cash at bank and in hand		71,392	3,109
		651,027	224,206
Creditors: amounts falling due within one year		(635,801)	(234,085)
Net current assets (liabilities)		15,226	(9,879)
Total assets less current liabilities		63,027	40,438
Total net assets (liabilities)		63,027	40,438
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		63,025	40,436
Shareholders' funds		63,027	40,438

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 29 March 2017

And signed on their behalf by:
A Ahmed, Director

WINDMILL AUTOS LIMITED Registered Number 08439914

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 January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery 5% Reducing Balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2015	55,345
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	55,345
Depreciation
At 1 July 2015	5,028
Charge for the year	2,516
On disposals	-
At 30 June 2016	7,544
Net book values
At 30 June 2016	47,801
At 30 June 2015	50,317

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2