Eskay Tyres Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04301029 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

ESKAY TYRES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs G K Kandhari

J S Kandhari

S S Kandhari

SECRETARY:

J S Kandhari

REGISTERED OFFICE:

Stirling House

9 Burroughs Gardens

Hendon

London

NW4 4AT

REGISTERED NUMBER:

04301029 (England and Wales)

ACCOUNTANTS:

KMA Associates

Chartered Certified Accountants

Stirling House

9 Burroughs Gardens

Hendon

London

NW4 4AU

BANKERS:

Barclays Bank Plc

9 Portman Square

London

W1A 3AL

CURRENT ASSETS

Debtors

13,918

-

Cash at bank

255

8,708

TOTAL ASSETS LESS CURRENT
LIABILITIES

14,173

8,708

CREDITORS

Amounts falling due after more than one
year

38,703

32,500

NET LIABILITIES

(24,530

)

(23,792

)

CAPITAL AND RESERVES

Called up share capital

2

1,000

Profit and loss account

(25,530

)

(24,792

)

SHAREHOLDERS' FUNDS

(24,530

)

(23,792

)

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 23 December 2016 and were signed on its behalf
by:

S S Kandhari - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Going concern

The accounts are prepared on a going concern basis.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1,000

Ordinary

£1.00

1,000