Abbreviated Company Accounts - 101SCOOTERS LIMITED

Abbreviated Company Accounts - 101SCOOTERS LIMITED


Registered Number 08715754

101SCOOTERS LIMITED

Abbreviated Accounts

31 October 2015

101SCOOTERS LIMITED Registered Number 08715754

Abbreviated Balance Sheet as at 31 October 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 450 600
450 600
Current assets
Cash at bank and in hand 322 15
322 15
Creditors: amounts falling due within one year (15,420) (7,213)
Net current assets (liabilities) (15,098) (7,198)
Total assets less current liabilities (14,648) (6,598)
Total net assets (liabilities) (14,648) (6,598)
Capital and reserves
Called up share capital 3 100 100
Profit and loss account (14,748) (6,698)
Shareholders' funds (14,648) (6,598)
  • For the year ending 31 October 2015 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 19 July 2016

And signed on their behalf by:
Mr D Oldershaw, Director

101SCOOTERS LIMITED Registered Number 08715754

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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, net of value added tax and discounts, 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.

Office Equipment 20% straight line

Other accounting policies
Transactions with the directors
Included in creditors due within a year is an amount of £15,420 (2015 - £7.213) owed to the director.

2Tangible fixed assets
£
Cost
At 1 November 2014 750
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2015 750
Depreciation
At 1 November 2014 150
Charge for the year 150
On disposals -
At 31 October 2015 300
Net book values
At 31 October 2015 450
At 31 October 2014 600
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
100Ordinary shares of £1 each 100 100