A S D Motorhouse Limited Filleted accounts for Companies House (small and micro)
A S D Motorhouse Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02404877
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For the year ended |
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Abridged Financial Statements |
Year ended 31 July 2017
Contents |
Pages |
Abridged statement of financial position |
1 to 2 |
Notes to the abridged financial statements |
3 to 6 |
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Cash at bank and in hand |
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-------- |
------- |
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Creditors: amounts falling due within one year |
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-------- |
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Net current liabilities |
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------- |
------- |
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Total assets less current liabilities |
(
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(
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------- |
------- |
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Net liabilities |
(
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(
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------- |
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Abridged Statement of Financial Position (continued) |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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------- |
------- |
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Shareholders deficit |
(
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(
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------- |
------- |
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In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
.
These abridged financial statements were approved by the
board of directors
and authorised for issue on
27 July 2018
, and are signed on behalf of the board by:
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Director |
Company registration number:
02404877
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Notes to the Abridged Financial Statements |
Year ended 31 July 2017
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 277 Wolverhampton Road East, Fighting Cocks, Wolverhampton, WV4 6BD.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company. (c) Disclosures in respect of financial instruments have not been presented. (d) Disclosures in respect of share-based payments have not been presented. (e) No disclosure has been given for the aggregate remuneration of key management personnel.
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures, fittings and equipment |
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Impairment of fixed assets
Stocks
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2016:
1
).
5.
Tangible assets
£ |
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Cost |
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At 1 August 2016 and 31 July 2017 |
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------- |
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Depreciation |
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At 1 August 2016 |
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Charge for the year |
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------- |
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At 31 July 2017 |
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------- |
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Carrying amount |
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At 31 July 2017 |
505 |
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At 31 July 2016 |
753 |
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6.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2017 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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------- |
------- |
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2016 |
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Balance brought forward |
Advances/ (credits) to the directors |
Balance outstanding |
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£ |
£ |
£ |
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(
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(
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