Micro-entity Accounts - PREMIER MOTORS LTD

Micro-entity Accounts - PREMIER MOTORS LTD

PREMIER MOTORS LTD - Company Information

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Registered Number 07595701

PREMIER MOTORS LTD

Micro-entity Accounts

31 March 2017

PREMIER MOTORS LTD Registered Number 07595701

Micro-entity Balance Sheet as at 31 March 2017

Notes 2017 2016
£ £
Fixed assets
Tangible assets 1 5,400 4,962
5,400 4,962
Current assets
Stocks 268,494 267,757
Debtors 4,284 -
Cash at bank and in hand 17,112 105,521
289,890 373,278
Creditors: amounts falling due within one year (91,318) (221,926)
Net current assets (liabilities) 198,572 151,352
Total assets less current liabilities 203,972 156,314
Total net assets (liabilities) 203,972 156,314
Capital and reserves
Called up share capital 100 100
Profit and loss account 203,872 156,214
Shareholders' funds 203,972 156,314
  • For the year ending 31 March 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:
Adil Arshad, Director

PREMIER MOTORS LTD Registered Number 07595701

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

1Tangible fixed assets
£
Cost
At 1 April 2016 7,011
Additions 1,788
Disposals -
Revaluations -
Transfers -
At 31 March 2017 8,799
Depreciation
At 1 April 2016 2,049
Charge for the year 1,350
On disposals -
At 31 March 2017 3,399
Net book values
At 31 March 2017 5,400
At 31 March 2016 4,962