Abbreviated Company Accounts - TRIPLE S CLUTCH & BRAKE SERVICES LIMITED

TRIPLE S CLUTCH & BRAKE SERVICES LIMITED - Company Information

02823697 TRIPLE S CLUTCH & BRAKE SERVICES LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 02823697 2015-11-01 2016-10-31 02823697 2016-10-31 02823697 2015-10-31 02823697 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 02823697 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 02823697

TRIPLE S CLUTCH & BRAKE SERVICES LIMITED

Abbreviated Accounts

31 October 2016

TRIPLE S CLUTCH & BRAKE SERVICES LIMITED Registered Number 02823697

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,247	1,019
		1,247	1,019
Current assets
Stocks		40,711	39,705
Debtors		27,241	9,345
Cash at bank and in hand		29,032	49,436
		96,984	98,486
Creditors: amounts falling due within one year		(36,185)	(34,485)
Net current assets (liabilities)		60,799	64,001
Total assets less current liabilities		62,046	65,020
Total net assets (liabilities)		62,046	65,020
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		62,044	65,018
Shareholders' funds		62,046	65,020

For the year ending 31 October 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 17 July 2017

And signed on their behalf by:
Adrian Dennis Smith, Director

TRIPLE S CLUTCH & BRAKE SERVICES LIMITED Registered Number 02823697

Notes to the Abbreviated Accounts for the period ended 31 October 2016

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery - 10% straight line
Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 November 2015	8,127
Additions	458
Disposals	(469)
Revaluations	-
Transfers	-
At 31 October 2016	8,116
Depreciation
At 1 November 2015	7,108
Charge for the year	230
On disposals	(469)
At 31 October 2016	6,869
Net book values
At 31 October 2016	1,247
At 31 October 2015	1,019

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

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2