Motor Salvage (Redditch) Limited - Accounts to registrar (filleted) - small 17.3
Motor Salvage (Redditch) Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST JANUARY 2017 |
FOR |
MOTOR SALVAGE (REDDITCH) LIMITED |
MOTOR SALVAGE (REDDITCH) LIMITED (BY SHARES) (REGISTERED NUMBER: 01235519) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 31st January 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
MOTOR SALVAGE (REDDITCH) LIMITED (BY SHARES) |
COMPANY INFORMATION |
for the Year Ended 31st January 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: | Vinings Limited |
Chartered Certified Accountants |
Grafton House |
Bulls Head Yard |
Alcester |
Warwickshire |
B49 5BX |
MOTOR SALVAGE (REDDITCH) LIMITED (BY SHARES) (REGISTERED NUMBER: 01235519) |
BALANCE SHEET |
31st January 2017 |
31.1.17 | 31.1.16 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31st January 2017 and |
31st January 2016: |
31.1.17 | 31.1.16 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of year |
Amounts advanced represents the highest balance on the loan account in the year. |
The above loan was provided interest free, with no fixed terms of repayment and no security provided. |
2. | OTHER FINANCIAL COMMITMENTS |
TG Baxter, a director of the company, has provided a personal guarantee of £100,000 as security for the |
company`s bank borrowings. |
MOTOR SALVAGE (REDDITCH) LIMITED (BY SHARES) (REGISTERED NUMBER: 01235519) |
BALANCE SHEET - continued |
31st January 2017 |
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 financial statements were approved by the Board of Directors on by: |