Company Registration No. 06247600 (England and Wales)
K K Mobile Tyre Service Limited
Unaudited accounts
for the year ended 31 March 2018
K K Mobile Tyre Service Limited
Unaudited accounts
Contents
K K Mobile Tyre Service Limited
Company Information
for the year ended 31 March 2018
Directors
Emma Unwin
Kevin Unwin
Company Number
06247600 (England and Wales)
Registered Office
19 Whist Avenue
Wickford
Essex
SS11 8LN
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
K K Mobile Tyre Service Limited
Statement of financial position
as at 31 March 2018
Tangible assets
21,460
8,284
Cash at bank and in hand
10,300
13,102
Creditors: amounts falling due within one year
(27,820)
(18,024)
Net current liabilities
(16,403)
(4,093)
Called up share capital
2
2
Profit and loss account
5,055
4,189
Shareholders' funds
5,057
4,191
For the year ending 31 March 2018 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 27 September 2018.
Emma Unwin
Director
Company Registration No. 06247600
K K Mobile Tyre Service Limited
Notes to the Accounts
for the year ended 31 March 2018
K K Mobile Tyre Service Limited is a private company, limited by shares, registered in England and Wales, registration number 06247600. The registered office is 19 Whist Avenue, Wickford, Essex, SS11 8LN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
over 5 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
K K Mobile Tyre Service Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
25,607
14,545
Taxes and social security
1,393
2,779
7
Average number of employees
During the year the average number of employees was 2 (2017: 1).
