Company Registration No. 09287290 (England and Wales)
The Car Surgery (Littlehampton) Limited
Unaudited accounts
for the year ended 31 March 2017
The Car Surgery (Littlehampton) Limited
Unaudited accounts
Contents
The Car Surgery (Littlehampton) Limited
Company Information
for the year ended 31 March 2017
Company Number
09287290 (England and Wales)
Registered Office
9 NORTH STREET
WICK
LITTLEHAMPTON
WEST SUSSEX
BN17 6JJ
Accountants
Claire Leitch Accounting Services Limited
24 The Heights
Findon Valley
Worthing
West Sussex
BN14 0AJ
The Car Surgery (Littlehampton) Limited
Statement of financial position
as at 31 March 2017
Intangible assets
40,000
40,000
Tangible assets
36,136
28,110
Cash at bank and in hand
38,299
40,137
Creditors: amounts falling due within one year
(30,278)
(22,667)
Net current assets
764
24,130
Total assets less current liabilities
76,900
92,240
Creditors: amounts falling due after more than one year
16,352
(28,767)
Profit and loss account
93,253
63,474
Shareholders' funds
93,252
63,473
For the year ending 31 March 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 November 2017.
Mr Duncan Slack
Director
Company Registration No. 09287290
The Car Surgery (Littlehampton) Limited
Notes to the Accounts
for the year ended 31 March 2017
The Car Surgery (Littlehampton) Limited is a private company, limited by shares, registered in England and Wales, registration number 09287290. The registered office is 9 NORTH STREET, WICK, LITTLEHAMPTON, WEST SUSSEX, BN17 6JJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 26 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
The Car Surgery (Littlehampton) Limited
Notes to the Accounts
for the year ended 31 March 2017
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2016
8,217
23,141
1,222
1,700
34,280
Additions
7,375
3,100
-
637
11,112
At 31 March 2017
15,592
26,241
1,222
2,337
45,392
At 1 April 2016
1,479
4,165
220
306
6,170
Charge for the year
2,540
-
180
366
3,086
At 31 March 2017
4,019
4,165
400
672
9,256
At 31 March 2017
11,573
22,076
822
1,665
36,136
At 31 March 2016
6,738
18,976
1,002
1,394
28,110
Trade debtors
(7,257)
6,660
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
10,858
10,453
Taxes and social security
15,648
11,814
Loans from directors
3,372
-
The Car Surgery (Littlehampton) Limited
Notes to the Accounts
for the year ended 31 March 2017
8
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
7,122
9,945
Other creditors
(23,474)
18,822
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
