SANDBACH_TRUCK_AND_VAN_LI - Accounts

SANDBACH TRUCK AND VAN LIMITED - Company Information

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Company Registration No. 09690393 (England and Wales)

SANDBACH TRUCK AND VAN LIMITED

ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED ENDED 31 JULY 2016

SANDBACH TRUCK AND VAN LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

SANDBACH TRUCK AND VAN LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

4,415

Current assets

Debtors

26,167

Cash at bank and in hand

1,922

28,089

Creditors: amounts falling due within one year

(75,074)

Net current liabilities

(46,985)

Total assets less current liabilities

(42,570)

Capital and reserves

Called up share capital

100

Profit and loss account

(42,670)

Shareholders' funds

(42,570)

For the financial Period Ended ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Period Ended in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 13 April 2017

Mr G Mullaney

Mr W D Lloyd

Director

Company Registration No. 09690393

SANDBACH TRUCK AND VAN LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED ENDED 31 JULY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% per annum on cost

Fixtures, fittings & equipment

25% per annum on cost

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.

Fixed assets

Tangible assets

Cost

At 16 July 2015

Additions

5,886

At 31 July 2016

5,886

Depreciation

At 16 July 2015

Charge for the period

1,471

At 31 July 2016

1,471

Net book value

At 31 July 2016

4,415

Share capital

2016

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

During the period 100 ordinary shares of £1 each were allotted and fully paid at par for cash consideration to provide initial working capital.