Abbreviated Company Accounts - INTAMOTORCYCLE SERVICES LIMITED

Abbreviated Company Accounts - INTAMOTORCYCLE SERVICES LIMITED

INTAMOTORCYCLE SERVICES LIMITED - Company Information

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Registered Number 03201002

INTAMOTORCYCLE SERVICES LIMITED

Abbreviated Accounts

31 October 2016

INTAMOTORCYCLE SERVICES LIMITED Registered Number 03201002

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 5,045 8,727
5,045 8,727
Current assets
Stocks 182,475 167,475
Debtors 19,355 -
Cash at bank and in hand 13,362 -
215,192 167,475
Creditors: amounts falling due within one year (116,231) (93,345)
Net current assets (liabilities) 98,961 74,130
Total assets less current liabilities 104,006 82,857
Creditors: amounts falling due after more than one year (102,129) (84,278)
Total net assets (liabilities) 1,877 (1,421)
Capital and reserves
Called up share capital 2 2
Profit and loss account 1,875 (1,423)
Shareholders' funds 1,877 (1,421)
  • 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 31 July 2017

And signed on their behalf by:
Austin Holmes, Director

INTAMOTORCYCLE SERVICES LIMITED Registered Number 03201002

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.

2Tangible fixed assets
£
Cost
At 1 November 2015 48,671
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 48,671
Depreciation
At 1 November 2015 39,944
Charge for the year 3,682
On disposals -
At 31 October 2016 43,626
Net book values
At 31 October 2016 5,045
At 31 October 2015 8,727