Abbreviated Company Accounts - Y & R TRANSPORT SERVICES LIMITED

Y & R TRANSPORT SERVICES LIMITED - Company Information

Registered Number 07066128

Y & R TRANSPORT SERVICES LIMITED

Abbreviated Accounts

30 November 2014

Y & R TRANSPORT SERVICES LIMITED Registered Number 07066128

Abbreviated Balance Sheet as at 30 November 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	745	993
		745	993
Current assets
Debtors		-	8,574
Cash at bank and in hand		4,432	2,203
		4,432	10,777
Creditors: amounts falling due within one year		(5,091)	(7,641)
Net current assets (liabilities)		(659)	3,136
Total assets less current liabilities		86	4,129
Total net assets (liabilities)		86	4,129
Capital and reserves
Called up share capital		100	100
Profit and loss account		(14)	4,029
Shareholders' funds		86	4,129

For the year ending 30 November 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 22 February 2015

And signed on their behalf by:
Mr R A Baker, Director

Y & R TRANSPORT SERVICES LIMITED Registered Number 07066128

Notes to the Abbreviated Accounts for the period ended 30 November 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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment-25% net book value

2Tangible fixed assets

	£
Cost
At 1 December 2013	2,044
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2014	2,044
Depreciation
At 1 December 2013	1,051
Charge for the year	248
On disposals	-
At 30 November 2014	1,299
Net book values
At 30 November 2014	745
At 30 November 2013	993

All fixed assets are initially recorded at cost.