Abbreviated Company Accounts - FOXTEN AUTOS LIMITED

Abbreviated Company Accounts - FOXTEN AUTOS LIMITED


Registered Number 02859465

FOXTEN AUTOS LIMITED

Abbreviated Accounts

31 March 2014

FOXTEN AUTOS LIMITED Registered Number 02859465

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Called up share capital not paid 100 100
Fixed assets
Intangible assets - -
Tangible assets - -
Investments - -
- -
Current assets
Stocks 16,324 -
Debtors - -
Investments - -
Cash at bank and in hand 649 -
16,973 -
Prepayments and accrued income - -
Creditors: amounts falling due within one year (20,000) 0
Net current assets (liabilities) (3,027) 0
Total assets less current liabilities (2,927) 100
Creditors: amounts falling due after more than one year 0 0
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (2,927) 100
Capital and reserves
Called up share capital 2 100 100
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (3,027) 0
Shareholders' funds (2,927) 100
  • For the year ending 31 March 2014 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2014

And signed on their behalf by:
Christopher Ellis, Director

FOXTEN AUTOS LIMITED Registered Number 02859465

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100

100 Ordinary Shares with a nominal value of £1 called up.

3Transactions with directors

Name of director receiving advance or credit: Christopher Ellis
Description of the transaction: Loan
Balance at 1 April 2013: £ 0
Advances or credits made: £ 20,000
Advances or credits repaid: £ 0
Balance at 31 March 2014: £ 20,000

Christopher Ellis loaned £20,000 to Foxten Autos Limited as start up capital. The full loan was still outstanding at the companies financial year end.