Company Registration No. 04890874 (England and Wales)
A & R IMPORTS (MANCHESTER) LIMITED
Unaudited accounts
for the year ended 30 June 2017
A & R IMPORTS (MANCHESTER) LIMITED
Unaudited accounts
Contents
A & R IMPORTS (MANCHESTER) LIMITED
Company Information
for the year ended 30 June 2017
Director
Andrew McGuinness
Company Number
04890874 (England and Wales)
Registered Office
SELF STORAGE YARD BAMFORD STREET
CLAYTON
MANCHESTER
M11 4FE
A & R IMPORTS (MANCHESTER) LIMITED
Statement of financial position
as at 30 June 2017
Tangible assets
3,552
4,020
Cash at bank and in hand
1,015
2,177
Creditors: amounts falling due within one year
(4,817)
(6,808)
Net current assets
11,073
5,369
Called up share capital
10,000
10,000
Profit and loss account
4,625
(611)
Shareholders' funds
14,625
9,389
For the year ending 30 June 2017 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 27 February 2018.
Andrew McGuinness
Director
Company Registration No. 04890874
A & R IMPORTS (MANCHESTER) LIMITED
Notes to the Accounts
for the year ended 30 June 2017
A & R IMPORTS (MANCHESTER) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04890874. The registered office is SELF STORAGE YARD BAMFORD STREET, CLAYTON, MANCHESTER, M11 4FE.
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.
These financial statements for the year ended 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
15% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2016
6,546
-
6,546
At 30 June 2017
6,546
180
6,726
At 1 July 2016
2,526
-
2,526
Charge for the year
603
45
648
At 30 June 2017
3,129
45
3,174
At 30 June 2017
3,417
135
3,552
At 30 June 2016
4,020
-
4,020
A & R IMPORTS (MANCHESTER) LIMITED
Notes to the Accounts
for the year ended 30 June 2017
Accrued income and prepayments
125
-
Other debtors
14,750
10,000
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
1,404
1,743
7
Average number of employees
During the year the average number of employees was 2 (2016: 2).