A & R Limo's Ltd - Period Ending 2016-01-31

A & R Limo's Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 January 2016

Brothertons Accountants Ltd
2 Commercial House
Abbeymead Avenue
Gloucester
GL4 5UA

A & R Limo's Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
A & R Limo's Ltd
for the Year Ended 31 January 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of A & R Limo's Ltd for the year ended 31 January 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of A & R Limo's Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of A & R Limo's Ltd . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A & R Limo's Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A & R Limo's Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of A & R Limo's Ltd. You consider that A & R Limo's Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of A & R Limo's Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Brothertons Accountants Ltd
2 Commercial House
Abbeymead Avenue
Gloucester
GL4 5UA

18 October 2016

Page 1

A & R Limo's Ltd
(Registration number: 05680588)
Abbreviated Balance Sheet at 31 January 2016

	Note	2016 £	2015 £
Fixed assets
Tangible fixed assets		21,788	27,234
Current assets
Debtors		94	339
Cash at bank and in hand		40	111
		134	450
Creditors: Amounts falling due within one year		(36,336)	(38,350)
Net current liabilities		(36,202)	(37,900)
Net liabilities		(14,414)	(10,666)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(14,514)	(10,766)
Shareholders' deficit		(14,414)	(10,666)

For the year ending 31 January 2016 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 director acknowledges her 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 director on 18 October 2016

.........................................
Mrs Alison Wendy Bingle
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

A & R Limo's Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Asset class	Depreciation method and rate
Motor Vehicles	20% Reducing Balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 February 2015	89,255	89,255
At 31 January 2016	89,255	89,255
Depreciation
At 1 February 2015	62,021	62,021
Charge for the year	5,446	5,446
At 31 January 2016	67,467	67,467
Net book value
At 31 January 2016	21,788	21,788
At 31 January 2015	27,234	27,234

Page 3

A & R Limo's Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 January 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary Shares of £1 each		100	100		100	100

Page 4