REGISTERED NUMBER: 00435120 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2014

for

Barclay Motors Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

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

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

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 2015 and were signed on its behalf by:

Mr A C Faiers - 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).

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

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