REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 May 2016 |
for |
A CAR SALES LIMITED |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31 May 2016 |
for |
A CAR SALES LIMITED |
A CAR SALES LIMITED (REGISTERED NUMBER: SC342953) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 May 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
A CAR SALES LIMITED |
Company Information |
for the Year Ended 31 May 2016 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
A CAR SALES LIMITED (REGISTERED NUMBER: SC342953) |
Abbreviated Balance Sheet |
31 May 2016 |
2016 | 2015 |
Notes | £ | £ |
CURRENT ASSETS |
Cash in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 2 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their 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 financial statements were approved by the Board of Directors on behalf by: |
A CAR SALES LIMITED (REGISTERED NUMBER: SC342953) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 May 2016 |
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 January 2015). |
The company was dormant throughout the year ended 31 May 2016. However, reference to information |
relating to the year ended 31 May 2015 has been made where appropriate. |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Deferred tax |
Provision is made for deferred taxation in so far as a liability or asset arose as a result of transactions |
that had occurred by the balance sheet date and gave rise to an obligation to pay more tax in the future, or |
a right to pay less tax in the future with the following exception: Deferred tax assets are recognised only |
to the extent that the Directors consider that it is more likely than not that there will be suitable taxable |
profits from which the future reversal of the underlying timing differences can be deducted. Deferred |
tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in |
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the |
balance sheet date. |
2. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary | £1.00 |