Abbreviated Company Accounts - ELEGANT WHEEL COMPANY LIMITED

Abbreviated Company Accounts - ELEGANT WHEEL COMPANY LIMITED

ELEGANT WHEEL COMPANY LIMITED - Company Information

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Registered Number 04736507

ELEGANT WHEEL COMPANY LIMITED

Abbreviated Accounts

30 April 2016

ELEGANT WHEEL COMPANY LIMITED Registered Number 04736507

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 86,647 91,207
86,647 91,207
Current assets
Cash at bank and in hand 12,351 23
12,351 23
Creditors: amounts falling due within one year (69,499) (94,603)
Net current assets (liabilities) (57,148) (94,580)
Total assets less current liabilities 29,499 (3,373)
Total net assets (liabilities) 29,499 (3,373)
Capital and reserves
Called up share capital 100 100
Profit and loss account 29,399 (3,473)
Shareholders' funds 29,499 (3,373)
  • For the year ending 30 April 2016 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 14 October 2016

And signed on their behalf by:
Keith Emmett, Director

ELEGANT WHEEL COMPANY LIMITED Registered Number 04736507

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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.

2Tangible fixed assets
£
Cost
At 1 May 2015 166,470
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 166,470
Depreciation
At 1 May 2015 75,263
Charge for the year 4,560
On disposals -
At 30 April 2016 79,823
Net book values
At 30 April 2016 86,647
At 30 April 2015 91,207