1 January 2016 false No description of principal activity Taxfiler 2017.31.Web 4070355business:PrivateLimitedCompanyLtd2016-01-012016-12-31 40703552015-12-31 40703552016-01-012016-12-31 4070355business:AuditExempt-NoAccountantsReport2016-01-012016-12-31 4070355business:FullAccounts2016-01-012016-12-31 40703552016-12-31 4070355business:Director12016-01-012016-12-31 4070355business:RegisteredOffice2016-01-012016-12-31 40703552015-12-31 4070355core:WithinOneYear2016-12-31 4070355core:WithinOneYear2015-12-31 4070355core:ShareCapital2016-12-31 4070355core:ShareCapital2015-12-31 4070355core:RetainedEarningsAccumulatedLosses2016-12-31 4070355core:RetainedEarningsAccumulatedLosses2015-12-31 4070355business:SmallEntities2016-01-012016-12-31 4070355countries:EnglandWales2016-01-012016-12-31 4070355core:PlantMachinery2016-01-012016-12-31 4070355core:MotorVehicles2016-01-012016-12-31 4070355core:FurnitureFittings2016-01-012016-12-31 4070355core:ComputerEquipment2016-01-012016-12-31 4070355core:MotorVehicles2015-12-31 4070355core:MotorVehicles2016-12-31 40703552015-01-012015-12-31 iso4217:GBP xbrli:pure
Company Registration No. 4070355 (England and Wales)
About Town Motorcycle & Scooter Hire Limited Unaudited accounts for the year ended 31 December 2016
About Town Motorcycle & Scooter Hire Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
About Town Motorcycle & Scooter Hire Limited Company Information for the year ended 31 December 2016
Director
Mr Hilton Persaud
Company Number
4070355 (England and Wales)
Registered Office
2 Cases Yard Bognor Road Horsham RH12 3PS
- 3 -
About Town Motorcycle & Scooter Hire Limited Statement of financial position as at 31 December 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
66,404 
63,241 
Current assets
Inventories
5
3,800 
8,242 
Debtors
6
2,802 
18,348 
Cash at bank and in hand
1,330 
7,924 
7,932 
34,514 
Creditors: amounts falling due within one year
7
(59,448)
(57,724)
Net current liabilities
(51,516)
(23,210)
Net assets
14,888 
40,031 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
14,886 
40,029 
Shareholders' funds
14,888 
40,031 
For the year ending 31 December 2016 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 September 2017.
Mr Hilton Persaud Director Company Registration No. 4070355
- 4 -
About Town Motorcycle & Scooter Hire Limited Notes to the Accounts for the year ended 31 December 2016
1
Statutory information
About Town Motorcycle & Scooter Hire Limited is a private company, limited by shares, registered in England and Wales, registration number 4070355. The registered office and principal place of business is 2 Cases Yard, Bognor Road, Horsham, RH12 3PS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
- 5 -
About Town Motorcycle & Scooter Hire Limited Notes to the Accounts for the year ended 31 December 2016
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2016
142,247 
Additions
41,864 
Disposals
(13,193)
At 31 December 2016
170,918 
Depreciation
At 1 January 2016
79,006 
Charge for the year
32,699 
On disposals
(7,191)
At 31 December 2016
104,514 
Net book value
At 31 December 2016
66,404 
At 31 December 2015
63,241 
5
Inventories
2016 
2015 
£ 
£ 
Finished goods
3,800 
8,242 
3,800 
8,242 
6
Debtors
2016 
2015 
£ 
£ 
Trade debtors
2,802 
19,594 
Accrued income and prepayments
- 
(1,246)
2,802 
18,348 
7
Creditors: amounts falling due within one year
2016 
2015 
£ 
£ 
Trade creditors
2,139 
2,658 
Taxes and social security
19,012 
16,434 
Other creditors
2,238 
59 
Loans from directors
31,499 
34,307 
Accruals
4,560 
4,266 
59,448 
57,724 
8
Average number of employees
During the year the average number of employees was 0 (2015: 0).
- 6 -