Abbreviated Company Accounts - EURO LINK CARS LIMITED

03790271 EURO LINK CARS LIMITED 2015-08-31 false 2014-09-01 2015-08-31 true 03790271 2014-09-01 2015-08-31 03790271 2015-08-31 03790271 2014-08-31 03790271 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 03790271 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:Director3 2014-09-01 2015-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:Director3 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 03790271

EURO LINK CARS LIMITED

Abbreviated Accounts

31 August 2015

EURO LINK CARS LIMITED Registered Number 03790271

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	16	19
		16	19
Current assets
Debtors		4,542	4,113
Cash at bank and in hand		8,314	1,380
		12,856	5,493
Creditors: amounts falling due within one year		(7,709)	(3,587)
Net current assets (liabilities)		5,147	1,906
Total assets less current liabilities		5,163	1,925
Total net assets (liabilities)		5,163	1,925
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		5,161	1,923
Shareholders' funds		5,163	1,925

For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 April 2016

And signed on their behalf by:
Mr A H Rafeeq, Director

EURO LINK CARS LIMITED Registered Number 03790271

Notes to the Abbreviated Accounts for the period ended 31 August 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures, Fittings & Equipment - 15% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	131
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	131
Depreciation
At 1 September 2014	112
Charge for the year	3
On disposals	-
At 31 August 2015	115
Net book values
At 31 August 2015	16
At 31 August 2014	19

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	Mr A H Rafeeq
Description of the transaction:	Director's current account
Balance at 1 September 2014:	£ 1,743
Advances or credits made:	£ 4,225
Advances or credits repaid:	-
Balance at 31 August 2015:	£ 5,968

The company was under the control of A H Rafeeq throughout the current and previous year. A H Rafeeq is the managing director and majority shareholder. Included in other creditors (note 6), is a balance of £5,968 (2014- £1,743) owed to him by the company.

The balance of £3,500 included under debtors (note 5) relates to amount owed by a connected company, Goldline car services Limited.