Malvern Motor Services Limited - Limited company - abbreviated - 11.6
Malvern Motor Services Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 30 June 2014 |
| for |
| Malvern Motor Services Limited |
| Malvern Motor Services Limited (Registered number: 04012017) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Malvern Motor Services Limited |
| Company Information |
| for the Year Ended 30 June 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Malvern Motor Services Limited (Registered number: 04012017) |
| Abbreviated Balance Sheet |
| 30 June 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Malvern Motor Services Limited (Registered number: 04012017) |
| Abbreviated Balance Sheet - continued |
| 30 June 2014 |
| The financial statements were approved by the director on |
| Malvern Motor Services Limited (Registered number: 04012017) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 June 2014 |
| 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 April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis |
| over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the |
| company's pension scheme are charged to the profit and loss account in the period to which they |
| relate. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| and 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| Malvern Motor Services Limited (Registered number: 04012017) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 June 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2013 |
| Additions |
| At 30 June 2014 |
| DEPRECIATION |
| At 1 July 2013 |
| Charge for year |
| At 30 June 2014 |
| NET BOOK VALUE |
| At 30 June 2014 |
| At 30 June 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | 1 |
| 5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| Dividends to Directors |
| The following director was paid dividends during the year as outlined in the table below: |
| 2014 | 2013 |
| £ | £ |
| R. Hart | 20,000 | 30,669 |
| 20,000 | 30,669 |
| The property is rented at an annual cost of £17,000 (2013 £17,000) from Mr R Hart who is the |
| director of Malvern Motor Services Ltd. There are no amounts owing to Mr R Hart at the year end. |
| During the year £5,139 was paid into a pension on behalf of the companies director. |
| At the year end, the Director Mr R Hart owed the company, a balance of £2,400 in respect of a loan |
| account with the company (2013 - £6,208 owed to the Director). This is included in other debtors in |
| the financial statements. |