Barclay Motors Limited - Accounts to registrar (filleted) - small 17.3

Barclay Motors Limited - Accounts to registrar (filleted) - small 17.3


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REGISTERED NUMBER: 00435120 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Barclay Motors Limited

Barclay Motors Limited (Registered number: 00435120)






Contents of the Financial Statements
for the Year Ended 30 April 2017




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Barclay Motors Limited

Company Information
for the Year Ended 30 April 2017







DIRECTORS: A C Faiers
Mrs Y P Faiers





SECRETARY: Mrs Y P Faiers





REGISTERED OFFICE: Eldo House
Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR





BUSINESS ADDRESS: 183 Lauderdale Tower
Barbican
London
EC2Y 8BY





REGISTERED NUMBER: 00435120 (England and Wales)





ACCOUNTANTS: Knights Lowe
Chartered Accountants
Eldo House, Kempson Way
Suffolk Business Park
Bury St Edmunds
Suffolk
IP32 7AR

Barclay Motors Limited (Registered number: 00435120)

Balance Sheet
30 April 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 365 489
Investments 5 482,212 463,387
482,577 463,876

CURRENT ASSETS
Debtors 6 137,620 137,620
Cash at bank 699 1,799
138,319 139,419
CREDITORS
Amounts falling due within one year 7 3,752 1,130
NET CURRENT ASSETS 134,567 138,289
TOTAL ASSETS LESS CURRENT LIABILITIES 617,144 602,165

CAPITAL AND RESERVES
Called up share capital 8 51,500 51,500
Capital redemption reserve 15,000 15,000
Capital reserve 54,292 54,292
Fair value reserve 9 (128,445 ) (114,862 )
Retained earnings 624,797 596,235
SHAREHOLDERS' FUNDS 617,144 602,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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.

Barclay Motors Limited (Registered number: 00435120)

Balance Sheet - continued
30 April 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 January 2018 and were signed on its behalf
by:





A C Faiers - Director


Barclay Motors Limited (Registered number: 00435120)

Notes to the Financial Statements
for the Year Ended 30 April 2017

1. STATUTORY INFORMATION

Barclay Motors Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

These financial statements are the first financial statements that comply with FRS 102 Section 1A small entities.
The date of transition is 1st May 2015. The transition has resulted in an alignment of accounting policies to
those required in the adoption of FRS 102 and FRS 102 1A. Any impact is explained in the notes to these
financial statements.

Turnover
Income from investments is measured at fair value.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & equipment - 25% on reducing balance

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.

Investments
Fixed asset investments are stated at fair value less provision for permanent diminution in value.

Surplus act
Surplus ACT is included in debtors on the basis that the Company will achieve sufficient profits in the future to
be able to recover this amount.

Barclay Motors Limited (Registered number: 00435120)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2016
and 30 April 2017 4,551
DEPRECIATION
At 1 May 2016 4,062
Charge for year 124
At 30 April 2017 4,186
NET BOOK VALUE
At 30 April 2017 365
At 30 April 2016 489

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2016 463,387
Additions 290,573
Disposals (258,165 )
Revaluations (13,583 )
At 30 April 2017 482,212
NET BOOK VALUE
At 30 April 2017 482,212
At 30 April 2016 463,387

Cost or valuation at 30 April 2017 is represented by:

Other
investments
£   
Valuation in 2017 (128,445 )
Cost 610,657
482,212

Barclay Motors Limited (Registered number: 00435120)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2017

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Surplus ACT 137,620 137,620

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other creditors 3,752 1,130

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
51,500 Ordinary £1 51,500 51,500

9. RESERVES
Fair
value
reserve
£   
At 1 May 2016 (114,862 )
Movement in year (13,583 )

At 30 April 2017 (128,445 )