S Peacock Autobody Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06807014 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

S Peacock Autobody Services Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S. G. Peacock

SECRETARY:

D.A. Taylor

REGISTERED OFFICE:

33 Coworth Road

Ascot

Berkshire

SL5 0NX

REGISTERED NUMBER:

06807014 (England and Wales)

ACCOUNTANTS:

Ingwe Services Limited

Pentax House

South Hill Avenue

South Harrow

Middlesex

HA2 0DU

FIXED ASSETS

Tangible assets

4

6,045

6,712

CURRENT ASSETS

Debtors

2,355

-

Cash at bank

1,470

3,866

3,825

3,866

CREDITORS

Amounts falling due within one year

6,511

7,110

NET CURRENT LIABILITIES

(2,686

)

(3,244

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,359

3,468

PROVISIONS FOR LIABILITIES

1,149

1,275

NET ASSETS

2,210

2,193

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

2,200

2,183

SHAREHOLDERS' FUNDS

2,210

2,193

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20 December 2018 and were signed by:

S. G. Peacock - Director

1.	STATUTORY INFORMATION

S Peacock Autobody Services Limited is a private company, limited by shares , registered in England and Wales.

The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

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

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

and 31 March 2018

9,733

DEPRECIATION

At 1 April 2017

3,021

Charge for year

667

At 31 March 2018

3,688

NET BOOK VALUE

At 31 March 2018

6,045

At 31 March 2017

6,712

5.	RELATED PARTY DISCLOSURES

The company was controlled throughout the period by the director.