Abbreviated Company Accounts - A.R.E VEHICLE REPAIRS LTD.

A.R.E VEHICLE REPAIRS LTD. - Company Information

SC306157 A.R.E VEHICLE REPAIRS LTD. 2015-08-31 false 2014-09-01 2015-08-31 true SC306157 2014-09-01 2015-08-31 SC306157 2015-08-31 SC306157 2014-08-31 SC306157 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 SC306157 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number SC306157

A.R.E VEHICLE REPAIRS LTD.

Abbreviated Accounts

31 August 2015

A.R.E VEHICLE REPAIRS LTD. Registered Number SC306157

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,443	4,807
		4,443	4,807
Current assets
Stocks		550	525
Debtors	3	22,158	38,926
Cash at bank and in hand		5,259	2,703
		27,967	42,154
Creditors: amounts falling due within one year	4	(25,011)	(46,471)
Net current assets (liabilities)		2,956	(4,317)
Total assets less current liabilities		7,399	490
Total net assets (liabilities)		7,399	490
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		7,398	489
Shareholders' funds		7,399	490

For the year ending 31 August 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 31 May 2016

And signed on their behalf by:
Andrew Edwardson, Director

A.R.E VEHICLE REPAIRS LTD. Registered Number SC306157

Notes to the Abbreviated Accounts for the period ended 31 August 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 net invoiced sale of goods, excluding vat

Tangible assets depreciation policy
Depreciation is provided at the following rates
Motor Vehicles 25% on reducing balance
Plant and Equipment 20% on reducing balance
Fixtures and Fittings 20% on reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	15,042
Additions	827
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	15,869
Depreciation
At 1 September 2014	10,235
Charge for the year	1,191
On disposals	-
At 31 August 2015	11,426
Net book values
At 31 August 2015	4,443
At 31 August 2014	4,807

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	22,158	38,926

4Creditors

	2015 £	2014 £
Secured Debts	25,011	46,471

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1