CHASE_ACCIDENT_REPAIRS_LI - Accounts
CHASE_ACCIDENT_REPAIRS_LI - Accounts
Company Registration No. 04364070 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(36,655 )
(31,583 )
Net current liabilities
(7,441 )
(4,967 )
Total assets less current liabilities
Provisions for liabilities
(1,396 )
(718 )
320
562
Capital and reserves
Called up share capital
3
Profit and loss account
Shareholders' funds
Director's responsibilities:
-
-
Approved by the Board for issue on 27 May 2015
Director
Company Registration No. 04364070
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Turnover
1.3
Tangible fixed assets and depreciation
Plant and machinery
Fixtures, fittings & equipment
Motor vehicles
1.4
Stock
Stock is valued at the lower of cost and net realisable value.
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.6
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost
At 1 April 2014
45,293
Additions
4,978
Disposals
(5,993)
At 31 March 2015
44,278
Depreciation
At 1 April 2014
39,047
On disposals
(5,437)
Charge for the year
1,511
At 31 March 2015
35,121
Net book value
At 31 March 2015
9,157
At 31 March 2014
6,247
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid