Abbreviated Company Accounts - THE UK TYRESHOP LIMITED

THE UK TYRESHOP LIMITED - Company Information

05736317 THE UK TYRESHOP LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05736317 2013-04-01 2014-03-31 05736317 2014-03-31 05736317 2013-03-31 05736317 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05736317 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05736317

THE UK TYRESHOP LIMITED

Abbreviated Accounts

31 March 2014

THE UK TYRESHOP LIMITED Registered Number 05736317

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	383	360
		383	360
Current assets
Stocks		4,851	5,233
Debtors		1,965	3,190
Cash at bank and in hand		2,138	1,842
		8,954	10,265
Creditors: amounts falling due within one year		(3,372)	(5,525)
Net current assets (liabilities)		5,582	4,740
Total assets less current liabilities		5,965	5,100
Total net assets (liabilities)		5,965	5,100
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		5,964	5,099
Shareholders' funds		5,965	5,100

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 29 December 2014

And signed on their behalf by:
Mark Moreton, Director

THE UK TYRESHOP LIMITED Registered Number 05736317

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.

Turnover policy
Turnover represents the value of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	5,312
Additions	150
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	5,462
Depreciation
At 1 April 2013	4,952
Charge for the year	127
On disposals	-
At 31 March 2014	5,079
Net book values
At 31 March 2014	383
At 31 March 2013	360

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1