Cotswold Car Valeting Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05416035 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Cotswold Car Valeting Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

G Lorimer

REGISTERED OFFICE:

35 Galileo Gardens

Cheltenham

Gloucestershire

GL51 0GA

REGISTERED NUMBER:

05416035 (England and Wales)

ACCOUNTANT:

Mr Kevin Moorhouse FCA

6 Royston Avenue

Manchester

M16 8AL

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

11,030

17,167

11,030

17,167

CURRENT ASSETS

Stocks

2,000

1,275

Debtors

6,515

6,515

Cash at bank and in hand

100

1,912

8,615

9,702

CREDITORS

Amounts falling due within one year

19,443

14,023

NET CURRENT LIABILITIES

(10,828

)

(4,321

)

TOTAL ASSETS LESS CURRENT LIABILITIES

202

12,846

CREDITORS

Amounts falling due after more than one year

11,500

11,500

NET (LIABILITIES)/ASSETS

(11,298

)

1,346

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(11,299

)

1,345

SHAREHOLDERS' FUNDS

(11,298

)

1,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18 January 2017 and were signed by:

G Lorimer - 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 April 2008).

Turnover

Turnover represents net invoiced supplies of services, excluding value added tax.

Intangible fixed assets

Intangible fixed assets are valued at cost less accumulated amortisation.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

77,736

AMORTISATION

At 1 May 2015

and 30 April 2016

77,736

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

72,192

Additions

1,218

Disposals

(5,000

)

At 30 April 2016

68,410

DEPRECIATION

At 1 May 2015

55,025

Charge for year

6,355

Eliminated on disposal

(4,000

)

At 30 April 2016

57,380

NET BOOK VALUE

At 30 April 2016

11,030

At 30 April 2015

17,167

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

£

1

Ordinary

1

1

1