JUBILEE (GARAGES ) LIMITED

JUBILEE (GARAGES ) LIMITED

JUBILEE (GARAGES ) LIMITED - Company Information

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JUBILEE (GARAGES ) LIMITED

Company Registration Number:
07002787 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2017

Period of accounts

Start date: 29 February 2016

End date: 28 February 2017

JUBILEE (GARAGES ) LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2017

Balance sheet
Notes

JUBILEE (GARAGES ) LIMITED

Balance sheet

As at 28 February 2017


Notes
2017
2016


£
£
Fixed assets
Intangible assets: 2 20,000 20,000
Tangible assets: 3 412,080 424,222
Total fixed assets: 432,080 444,222
Current assets
Stocks: 57,071 71,863
Debtors: 94,927 122,094
Cash at bank and in hand: 144,659 30,564
Investments:   0 0
Total current assets: 296,657 224,521
Creditors: amounts falling due within one year:   (263,902) (238,576)
Net current assets (liabilities): 32,755 (14,055)
Total assets less current liabilities: 464,835 430,167
Creditors: amounts falling due after more than one year:   (240,562) (267,742)
Provision for liabilities: 0 0
Total net assets (liabilities): 224,273 162,425
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 223,273 161,425
Shareholders funds: 224,273 162,425

The notes form part of these financial statements

JUBILEE (GARAGES ) LIMITED

Balance sheet statements

For the year ending 28 February 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 October 2017
and signed on behalf of the board by:

Name: Asif Patel
Status: Director

The notes form part of these financial statements

JUBILEE (GARAGES ) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

JUBILEE (GARAGES ) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2017

2. Intangible Assets

Total
Cost £
At 29 February 2016 20,000
At 28 February 2017 20,000
Net book value
At 28 February 2017 20,000
At 28 February 2016 20,000

JUBILEE (GARAGES ) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2017


3. Tangible Assets

Total
Cost £
At 29 February 2016 552,323
At 28 February 2017 552,323
Depreciation
At 29 February 2016 128,101
Charge for year 12,142
At 28 February 2017 140,243
Net book value
At 28 February 2017 412,080
At 28 February 2016 424,222