Micro-entity Accounts - FIRST CLASS CARS (FCC) LTD

FIRST CLASS CARS (FCC) LTD - Company Information

05289287 FIRST CLASS CARS (FCC) LTD 2017-01-31 false 2016-02-01 2017-01-31 true 05289287 2016-02-01 2017-01-31 05289287 2017-01-31 05289287 2016-01-31 05289287 uk-gaap-cd-bus:Director1 2016-02-01 2017-01-31 05289287 uk-gaap-cd-bus:Director2 2016-02-01 2017-01-31 05289287 uk-gaap-cd-bus:AllEntityOfficers 2016-02-01 2017-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-01 2017-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2017-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 iso4217:GBP shares

Registered Number 05289287

FIRST CLASS CARS (FCC) LTD

Micro-entity Accounts

31 January 2017

FIRST CLASS CARS (FCC) LTD Registered Number 05289287

Micro-entity Balance Sheet as at 31 January 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	257,207	7,816
		257,207	7,816
Current assets
Stocks		479,138	325,510
Cash at bank and in hand		40,078	125,938
		519,216	451,448
Creditors: amounts falling due within one year		(553,274)	(327,073)
Net current assets (liabilities)		(34,058)	124,375
Total assets less current liabilities		223,149	132,191
Total net assets (liabilities)		223,149	132,191
Capital and reserves
Called up share capital	2	1	1
Profit and loss account		223,148	132,190
Shareholders' funds		223,149	132,191

For the year ending 31 January 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 October 2017

And signed on their behalf by:
Mr D Gundry, Director

FIRST CLASS CARS (FCC) LTD Registered Number 05289287

Notes to the Micro-entity Accounts for the period ended 31 January 2017

1Tangible fixed assets

	£
Cost
At 1 February 2016	21,896
Additions	251,793
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2017	273,689
Depreciation
At 1 February 2016	14,080
Charge for the year	2,402
On disposals	-
At 31 January 2017	16,482
Net book values
At 31 January 2017	257,207
At 31 January 2016	7,816

2Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
1 Ordinary shares of £1 each	1	1

3Accounting 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 company's turnover represents the value, excluding value added tax, of goods and services supplied to
customers during the period.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.

Fixtures and fittings 25% reducing balance