Auto File Service Limited - Period Ending 2017-06-30

Registration number: 09588919

Auto File Service Limited

Unaudited Financial Statements

for the Year Ended 30 June 2017

Alextra Group Ltd
Chartered Certified Accountants
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

Auto File Service Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 3

Auto File Service Limited

(Registration number: 09588919)
Balance Sheet as at 30 June 2017

	Note	2017 £	2016 £
Current assets
Debtors	3	65,881	7,485
Cash at bank and in hand		2,222	3,631
		68,103	11,116
Creditors: Amounts falling due within one year	4	(46,867)	(10,871)
Net assets		21,236	245
Capital and reserves
Profit and loss account		21,236	245
Total equity		21,236	245

For the financial year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 14 December 2017 and signed on its behalf by:
 

Mr J Copeland

Director

Mr M Ball

Director

The notes on pages 2 to 3 form an integral part of these financial statements.

Page 1

Auto File Service Limited

Notes to the Financial Statements for the Year Ended 30 June 2017

1	General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

The principal place of business is:
Unit 6
Atech Court
Crewe Gates Industrial Estate
Crewe
Cheshire
CW1 6FF

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

3

Debtors

	2017 £	2016 £
Trade debtors	2,845	-
Other debtors	63,036	7,485
Total current trade and other debtors	65,881	7,485

Page 2

Auto File Service Limited

Notes to the Financial Statements for the Year Ended 30 June 2017

4

Creditors

	Note	2017 £	2016 £
Due within one year
Trade creditors		361	149
Taxation and social security		-	746
Other creditors		46,506	9,976
		46,867	10,871

5	Related party transactions

Transactions with directors

Other transactions with directors

At the year ended 30 June 2017, the directors Mr M Ball and Mr J Copeland owed the company £31,267 (2016 - £3,792) each. These amounts are included within other debtors.The loans made were interest free and repayable on demand.

6	Transition to FRS 102

This is the first year that the company has presented its financial statements under Financial Reporting Standard 102 (FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland.

The date of transition was 1 July 2016, and there were no changes required to the company’s accounting policies.

There is no difference between the financial position or financial performance as a result of the transition.

Page 3