Ranmoor Motor Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05741378 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Ranmoor Motor Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

I M Wyles

SECRETARY:

M Wyles

REGISTERED OFFICE:

6 Old Fulwood Road

Sheffield

South Yorkshire

S10 3TG

REGISTERED NUMBER:

05741378 (England and Wales)

ACCOUNTANTS:

Parkinson (UK) Limited

2nd Floor, The Portergate

Ecclesall Road

Sheffield

South Yorkshire

S11 8NX

FIXED ASSETS

Intangible assets

2

20,382

22,080

Tangible assets

3

13,136

15,415

33,518

37,495

CURRENT ASSETS

Stocks

1,500

1,000

Debtors

74,051

68,189

Cash at bank and in hand

14,027

11,500

89,578

80,689

CREDITORS

Amounts falling due within one year

45,589

72,589

NET CURRENT ASSETS

43,989

8,100

TOTAL ASSETS LESS CURRENT LIABILITIES

77,507

45,595

CREDITORS

Amounts falling due after more than one year

8,110

12,164

NET ASSETS

69,397

33,431

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

69,396

33,430

SHAREHOLDERS' FUNDS

69,397

33,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 10 December 2014 and were signed by:

I M Wyles - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

33,966

AMORTISATION

At 1 April 2013

11,886

Amortisation for year

1,698

At 31 March 2014

13,584

NET BOOK VALUE

At 31 March 2014

20,382

At 31 March 2013

22,080

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

27,016

Additions

198

At 31 March 2014

27,214

DEPRECIATION

At 1 April 2013

11,601

Charge for year

2,477

At 31 March 2014

14,078

NET BOOK VALUE

At 31 March 2014

13,136

At 31 March 2013

15,415

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary

£1

1

1