Acorn Trailer and Caravan Hire Limited - Accounts to registrar - small 17.2
Acorn Trailer and Caravan Hire Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2016 |
| FOR |
| ACORN TRAILER AND CARAVAN HIRE LIMITED |
| ACORN TRAILER AND CARAVAN HIRE LIMITED (REGISTERED NUMBER: 07072176) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the year ended 31 DECEMBER 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ACORN TRAILER AND CARAVAN HIRE LIMITED |
| COMPANY INFORMATION |
| for the year ended 31 DECEMBER 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 1 High Street |
| Thatcham |
| Berks |
| RG19 3JG |
| ACORN TRAILER AND CARAVAN HIRE LIMITED (REGISTERED NUMBER: 07072176) |
| BALANCE SHEET |
| 31 DECEMBER 2016 |
| 31.12.16 | 31.12.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| ACORN TRAILER AND CARAVAN HIRE LIMITED (REGISTERED NUMBER: 07072176) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the year ended 31 DECEMBER 2016 |
| 1. | STATUTORY INFORMATION |
| Acorn Trailer and Caravan Hire Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Caravans | - |
| Motor vehicles | - |
| Office equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| ACORN TRAILER AND CARAVAN HIRE LIMITED (REGISTERED NUMBER: 07072176) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 DECEMBER 2016 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 January 2016 |
| and 31 December 2016 |
| AMORTISATION |
| At 1 January 2016 |
| Charge for year |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Office |
| machinery | Caravans | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2016 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Trade debtors |
| Other debtors |
| ACORN TRAILER AND CARAVAN HIRE LIMITED (REGISTERED NUMBER: 07072176) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the year ended 31 DECEMBER 2016 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.16 | 31.12.15 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Other creditors |
| 8. | CONTINGENT LIABILITIES |
| There were no contingent liabilities at 31st December 2016. |
| 9. | ULTIMATE CONTROLLING PARTY |
| Mr S West, a director, controls the company by virtue of a controlling interest of 100% of the issued ordinary |
| share capital. |
| 10. | BALANCE SHEET POSITION |
| The balance sheet shows an overall deficit of £133,965.The Directors are satisfied that the Company can meet its |
| liabilities as they fall due.The directors are the main creditors, the balance due to the directors from the company |
| at the Balance Sheet date was £139,515. |