Accounts filed on 30-11-2016


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 30/11/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07479360


Registered Number: 07479360

BALANCE SHEET AT 30/11/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		3,967		5,447

CURRENT ASSETS
Stock		211,041		261,225
Debtors (amounts falling due within one year)		38,539		17,506
Cash at bank and in hand		10,927		37,549
		260,507		316,280
CREDITORS: Amounts falling due within one year		244,056		300,419
NET CURRENT ASSETS			16,451		15,861
TOTAL ASSETS LESS CURRENT LIABILITIES			20,418		21,308


CREDITORS: Amounts falling due after more than one year	3		7,988		12,171

NET ASSETS			12,430		9,137

CAPITAL AND RESERVES

Called up share capital	4		100		100
Profit and loss account			12,330		9,037
SHAREHOLDERS' FUNDS			12,430		9,137

For the year ending 30/11/2016 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 29/06/2017 and signed on their behalf by




Joel Matyas
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Commercial Vehicles		reducing balance 33%
Equipment		reducing balance 33%




1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.




1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1f. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Bank loans and overdrafts	7,988	12,171
	7,988	12,171




4. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100