Ewart Parsons Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 00280871 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

EWART PARSONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R C Irvine

D Lawn

T Dunningham

SECRETARY:

D Lawn

REGISTERED OFFICE:

Parsons Business Centre

Brenda Road

Hartlepool

Cleveland

TS25 2BJ

REGISTERED NUMBER:

00280871 (England and Wales)

ACCOUNTANTS:

King Hope

Chartered Accountants

31-33 Victoria Road

Darlington

Co. Durham

DL1 5SB

SOLICITORS:

Tilly Bailey & Irvine

12 Evolution

Wynyard Park

Wynyard

Stockton on Tees

TS22 5TB

CURRENT ASSETS

Debtors

2

1,353,152

1,327,917

CREDITORS

Amounts falling due within one year

6,056

19,569

NET CURRENT ASSETS

1,347,096

1,308,348

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,347,096

1,308,348

CAPITAL AND RESERVES

Called up share capital

3

1,145,291

Profit and loss account

201,805

163,057

SHAREHOLDERS' FUNDS

1,347,096

1,308,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 19 December 2016 and were signed on its behalf
by:

R C Irvine - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents the recovery of value added tax from demonstrator vehicles purchased in previous years.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 1,327,917 (2015 - £ 1,327,917 )

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1,145,291

Ordinary

£1

1,145,291

4.	ULTIMATE PARENT COMPANY

Sulleys Investments Limited (incorporated in Jersey ) is regarded by the directors as being the company's

ultimate parent company.