REGISTERED NUMBER: 04503863 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

Abba Cars (Warrington) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P P Bailey

SECRETARY:

REGISTERED OFFICE:

Unit 3

Crown Street

Warrington

Cheshire

WA1 2AE

REGISTERED NUMBER:

04503863 (England and Wales)

ACCOUNTANTS:

Ariston Ltd

Ariston House

Albany Road

Gateshead

Tyne and Wear

NE8 3AT

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

204,610

200,121

204,610

200,121

CURRENT ASSETS

Debtors

94,429

81,300

Cash at bank

-

77,259

94,429

158,559

CREDITORS

Amounts falling due within one year

126,950

205,950

NET CURRENT LIABILITIES

(32,521

)

(47,391

)

TOTAL ASSETS LESS CURRENT LIABILITIES

172,089

152,730

CREDITORS

Amounts falling due after more than one year

4

124,162

144,700

NET ASSETS

47,927

8,030

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

47,925

8,028

SHAREHOLDERS' FUNDS

47,927

8,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 24 July 2015 and were signed by:

P P Bailey - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of ten years.

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

-

20% on cost

Motor vehicles

-

20% on cost

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

252,000

AMORTISATION

At 1 November 2013

and 31 October 2014

252,000

NET BOOK VALUE

At 31 October 2014

-

At 31 October 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

499,185

Additions

38,621

At 31 October 2014

537,806

DEPRECIATION

At 1 November 2013

299,064

Charge for year

34,132

At 31 October 2014

333,196

NET BOOK VALUE

At 31 October 2014

204,610

At 31 October 2013

200,121

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

31.10.14

31.10.13

£

£

Repayable by instalments

124,162

144,700

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

2

Ordinary

£ 1

2

2