A B Truck & Industrial Parts Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07025491

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

FOR

A B TRUCK & INDUSTRIAL PARTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A G Bates

SECRETARY:

Mr A G Bates

REGISTERED OFFICE:

341 Penn Road

Wolverhampton

West Midlands

WV4 5QF

REGISTERED NUMBER:

07025491

ACCOUNTANTS:

Poole Waterfield Limited

Priory House

2 Priory Road

Dudley

West Midlands

DY1 1HH

FIXED ASSETS

Tangible assets

2

-

494

CURRENT ASSETS

Stocks

2,800

2,500

Debtors

417

804

Cash at bank

1,713

10,673

4,930

13,977

CREDITORS

Amounts falling due within one year

1,208

9,445

NET CURRENT ASSETS

3,722

4,532

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,722

5,026

PROVISIONS FOR LIABILITIES

-

99

NET ASSETS

3,722

4,927

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

3,720

4,925

SHAREHOLDERS' FUNDS

3,722

4,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 16 June 2017 and were signed by:

Mr A G Bates - Director

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).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

and 30 September 2016

5,088

DEPRECIATION

At 1 October 2015

4,594

Charge for year

494

At 30 September 2016

5,088

NET BOOK VALUE

At 30 September 2016

-

At 30 September 2015

494

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.16

30.9.15

value:

£

2

Ordinary

£1

2