Intermoto Limited - Limited company - abbreviated

REGISTERED NUMBER: 05425239 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Intermoto Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss C Toner

SECRETARY:

Ms R Dhawan

REGISTERED OFFICE:

38 Langham street

London

W1W 7AR

REGISTERED NUMBER:

05425239 (England and Wales)

ACCOUNTANTS:

Dawn & Co Ltd

Chartered Certified Accountants

38 Langham Street

London

W1W 7AR

FIXED ASSETS

Tangible assets

2

1,062

497

CURRENT ASSETS

Stocks

52,110

35,460

Debtors

14,358

16,525

Cash at bank and in hand

7,176

6,407

73,644

58,392

CREDITORS

Amounts falling due within one year

42,000

41,412

NET CURRENT ASSETS

31,644

16,980

TOTAL ASSETS LESS CURRENT
LIABILITIES

32,706

17,477

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

32,704

17,475

SHAREHOLDERS' FUNDS

32,706

17,477

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 director acknowledges her 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 22 December 2014 and were signed by:

Miss C Toner - 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 sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

20% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

1,456

Additions

749

At 30 April 2014

2,205

DEPRECIATION

At 1 May 2013

959

Charge for year

184

At 30 April 2014

1,143

NET BOOK VALUE

At 30 April 2014

1,062

At 30 April 2013

497

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

2

ORDINARY

£1

2

Intermoto Limited - Limited company - abbreviated - 11.6

Intermoto Limited - Limited company - abbreviated - 11.6