Registered Number 05463149

A & J ROBERTS (MOTOR BODY REPAIRS) LIMITED

Abbreviated Accounts

31 October 2016

A & J ROBERTS (MOTOR BODY REPAIRS) LIMITED Registered Number 05463149

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 27,000 30,000
Tangible assets 3 18,303 9,167
45,303 39,167
Current assets
Stocks 2,000 2,000
Debtors 24,254 6,043
Cash at bank and in hand 27,310 30,880
53,564 38,923
Creditors: amounts falling due within one year (90,002) (40,420)
Net current assets (liabilities) (36,438) (1,497)
Total assets less current liabilities 8,865 37,670
Total net assets (liabilities) 8,865 37,670
Capital and reserves
Called up share capital 4 100 100
Profit and loss account 8,765 37,570
Shareholders' funds 8,865 37,670
  • For the year ending 31 October 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 directors acknowledge their 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 Board on 15 February 2017

And signed on their behalf by:
J M Roberts, Director

A & J ROBERTS (MOTOR BODY REPAIRS) LIMITED Registered Number 05463149

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Leasehold properties - Straight line over the life of the lease
Plant and machinery - 20% reducing balance
Fixtures, fittings and equipment - 20% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

Other accounting policies
Pensions
The pension costs charged in the financial statements represent the contribution payable by the company during the year.

2Intangible fixed assets
£
Cost
At 1 November 2015 60,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2016 60,000
Amortisation
At 1 November 2015 30,000
Charge for the year 3,000
On disposals -
At 31 October 2016 33,000
Net book values
At 31 October 2016 27,000
At 31 October 2015 30,000
3Tangible fixed assets
£
Cost
At 1 November 2015 31,389
Additions 11,160
Disposals -
Revaluations -
Transfers -
At 31 October 2016 42,549
Depreciation
At 1 November 2015 22,222
Charge for the year 2,024
On disposals -
At 31 October 2016 24,246
Net book values
At 31 October 2016 18,303
At 31 October 2015 9,167
4Called Up Share Capital
Allotted, called up and fully paid:
2016
£		 2015
£
100 Ordinary shares of £1 each 100 100