Barclay Motors Ltd - Limited company - abbreviated - 11.6

Barclay Motors Ltd - Limited company - abbreviated - 11.6


004351201.5.1330.4.1430.4.14Company accountsPrivate Limited CompanyFYtruefalsetruefalsetruefalsefalseOrdinary1.00000Ordinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure004351202013-04-30004351202014-04-30004351202013-05-012014-04-30004351202012-04-30004351202012-05-012013-04-30004351202013-04-3000435120ns12:England2013-05-012014-04-3000435120ns14:PoundSterling2013-05-012014-04-3000435120ns7:Director12013-05-012014-04-3000435120ns7:OrdinaryShareClass12013-05-012014-04-3000435120ns7:Director22013-05-012014-04-3000435120ns7:CompanySecretary2013-05-012014-04-3000435120ns7:RegisteredOffice2013-05-012014-04-3000435120ns7:EntityAccountantsOrAuditors2013-05-012014-04-3000435120ns7:EntityLawyersOrLegalAdvisers2013-05-012014-04-3000435120ns5:FixturesFittings2013-05-012014-04-3000435120ns5:FixedAssetInvestmentsOtherThanLoans2014-04-3000435120ns5:FixedAssetInvestmentsOtherThanLoans2013-04-3000435120ns7:OrdinaryShareClass12014-04-3000435120ns7:OrdinaryShareClass12013-04-30
REGISTERED NUMBER: 00435120(England and Wales)











Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Barclay Motors Ltd

Barclay Motors Ltd (Registered number: 00435120)






Contents of the Abbreviated Accounts
for the Year Ended 30 April 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Barclay Motors Ltd

Company Information
for the Year Ended 30 April 2014







DIRECTORS: Mr 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



REGISTERED NUMBER: 00435120(England and Wales)



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



SOLICITORS: Ashton KCJ
81 Guildhall Street
Bury St Edmunds
Suffolk
IP33 1PZ

Barclay Motors Ltd (Registered number: 00435120)

Abbreviated Balance Sheet
30 April 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 500 667
Investments 3 661,941 781,158
662,441 781,825

CURRENT ASSETS
Debtors 4 137,620 137,620
Cash at bank 19 141
137,639 137,761
CREDITORS
Amounts falling due within one year 4,665 4,570
NET CURRENT ASSETS 132,974 133,191
TOTAL ASSETS LESS CURRENT LIABILITIES 795,415 915,016

CAPITAL AND RESERVES
Called up share capital 5 51,500 51,500
Capital redemption reserve 15,000 15,000
Capital reserve 54,292 54,292
Profit and loss account 674,623 794,224
SHAREHOLDERS' FUNDS 795,415 915,016

Barclay Motors Ltd (Registered number: 00435120)

Abbreviated Balance Sheet - continued
30 April 2014


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 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 6 January 2015and were signed on its behalf by:





Mr A C Faiers- Director


Barclay Motors Ltd (Registered number: 00435120)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 2014

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).

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date where transactions or events have occurred at that date that will result in an obligation to
pay more, or a right to pay less or to receive more tax, with the following exception:

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not
that there will be suitable taxable profits from which the future reversal of the underlying timing differences
can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance
sheet date

Investments
Fixed asset investments are stated at cost less provision for diminution in value considered by the directors to
be permanent. For listed investments the disclosure of the market value is based on the closing middle market
value on a recognised stock exchange.

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2013
and 30 April 2014 14,096
DEPRECIATION
At 1 May 2013 13,429
Charge for year 167
At 30 April 2014 13,596
NET BOOK VALUE
At 30 April 2014 500
At 30 April 2013 667

Barclay Motors Ltd (Registered number: 00435120)

Notes to the Abbreviated Accounts - continued
for the Year Ended 30 April 2014

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 May 2013 781,158
Disposals (47,465 )
Impairments (95,890 )
Reversal of impairments 24,380
Reclassification/transfer (242 )
At 30 April 2014 661,941
NET BOOK VALUE
At 30 April 2014 661,941
At 30 April 2013 781,158

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 137,620 (2013 - £ 137,620 )

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
51,500 Ordinary £1 51,500 51,500