Motorcare (Powys) Limited - Limited company - abbreviated - 11.6

Motorcare (Powys) Limited - Limited company - abbreviated - 11.6

MOTORCARE (POWYS) LIMITED - Company Information

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DRAFT
REGISTERED NUMBER: 05042518 (England and Wales)








ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2014

FOR

MOTORCARE (POWYS) LIMITED

MOTORCARE (POWYS) LIMITED (REGISTERED NUMBER: 05042518)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 April 2014

DRAFT









Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

MOTORCARE (POWYS) LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2014







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DIRECTORS: A Roberts
Mrs A J Roberts





SECRETARY: Mrs A J Roberts





REGISTERED OFFICE: 46 Hamilton Square
Birkenhead
Merseyside
CH41 5AR





REGISTERED NUMBER: 05042518 (England and Wales)





ACCOUNTANTS: McLintocks Limited
Chartered Accountants
46 Hamilton Square
Birkenhead
Merseyside
CH41 5AR
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MOTORCARE (POWYS) LIMITED (REGISTERED NUMBER: 05042518)

ABBREVIATED BALANCE SHEET
30 April 2014

2014 2013
Notes £    £    £    £   
DRAFT
FIXED ASSETS
Intangible assets 2 1 1
Tangible assets 3 9,674 12,726
9,675 12,727

CURRENT ASSETS
Stocks 34,325 34,160
Debtors 24,776 20,834
Cash at bank and in hand 2,252 2,174
61,353 57,168
CREDITORS
Amounts falling due within one year 35,185 37,459
NET CURRENT ASSETS 26,168 19,709
TOTAL ASSETS LESS CURRENT
LIABILITIES
35,843
32,436

PROVISIONS FOR LIABILITIES 988 1,391
NET ASSETS 34,855 31,045

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 34,755 30,945
SHAREHOLDERS' FUNDS 34,855 31,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

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MOTORCARE (POWYS) LIMITED (REGISTERED NUMBER: 05042518)

ABBREVIATED BALANCE SHEET - continued
30 April 2014

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The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 20 January 2015 and were
signed on its behalf by:





A Roberts - Director


The notes form part of these abbreviated accounts

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MOTORCARE (POWYS) LIMITED (REGISTERED NUMBER: 05042518)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 April 2014

DRAFT

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents the value of goods supplied and work done during the year, exclusive of
value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of five years.

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 and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight
line basis over the period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2013
and 30 April 2014 29,500
AMORTISATION
At 1 May 2013
and 30 April 2014 29,499
NET BOOK VALUE

At 30 April 2014 1
At 30 April 2013 1

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MOTORCARE (POWYS) LIMITED (REGISTERED NUMBER: 05042518)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 30 April 2014

DRAFT

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2013 86,440
Additions 2,060
At 30 April 2014 88,500
DEPRECIATION
At 1 May 2013 73,714
Charge for year 5,112
At 30 April 2014 78,826
NET BOOK VALUE
At 30 April 2014 9,674
At 30 April 2013 12,726

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
100 Ordinary £1 100 100

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