Abbreviated Company Accounts - AUTO-PARTS (SOUTH WALES) LIMITED

AUTO-PARTS (SOUTH WALES) LIMITED - Company Information

00829529 AUTO-PARTS (SOUTH WALES) LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 00829529 2013-01-01 2013-12-31 00829529 2013-12-31 00829529 2012-12-31 00829529 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 00829529 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 00829529

AUTO-PARTS (SOUTH WALES) LIMITED

Abbreviated Accounts

31 December 2013

AUTO-PARTS (SOUTH WALES) LIMITED Registered Number 00829529

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	407,612	418,170
		407,612	418,170
Current assets
Stocks		373,387	343,208
Debtors		382,340	367,120
Cash at bank and in hand		56,096	96,151
		811,823	806,479
Creditors: amounts falling due within one year		(473,670)	(419,294)
Net current assets (liabilities)		338,153	387,185
Total assets less current liabilities		745,765	805,355
Creditors: amounts falling due after more than one year		(124,368)	(118,866)
Provisions for liabilities		(13,404)	(13,404)
Total net assets (liabilities)		607,993	673,085
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		607,893	672,985
Shareholders' funds		607,993	673,085

For the year ending 31 December 2013 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 18 November 2014

And signed on their behalf by:
D P Edwards, Director

AUTO-PARTS (SOUTH WALES) LIMITED Registered Number 00829529

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 April 2008.

Turnover policy
The turnover shown in the Profit and Loss Account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset.

2Tangible fixed assets

	£
Cost
At 1 January 2013	659,490
Additions	30,109
Disposals	(12,242)
Revaluations	-
Transfers	-
At 31 December 2013	677,357
Depreciation
At 1 January 2013	241,320
Charge for the year	36,983
On disposals	(8,558)
At 31 December 2013	269,745
Net book values
At 31 December 2013	407,612
At 31 December 2012	418,170

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100