Clock Garage Tyres Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09305151 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2016

FOR

CLOCK GARAGE TYRES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

T Livesey

REGISTERED OFFICE:

Clock Garage

Maple Street

Blackburn

Lancashire

BB1 6LP

REGISTERED NUMBER:

09305151 (England and Wales)

ACCOUNTANTS:

Ainsworths Limited

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

CURRENT ASSETS

Stocks

6,500

9,300

Debtors

825

2,951

Cash at bank and in hand

209

1,727

7,534

13,978

CREDITORS

Amounts falling due within one year

1,844

5,878

NET CURRENT ASSETS

5,690

8,100

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,690

8,100

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

5,689

8,099

SHAREHOLDERS' FUNDS

5,690

8,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24th May 2017 and were signed by:

T Livesey - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Ordinary

£1

1