Abbreviated Company Accounts - ABERGAVENNY MOT CENTRE LIMITED

05793805 ABERGAVENNY MOT CENTRE LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 05793805 2015-09-01 2016-08-31 05793805 2016-08-31 05793805 2015-08-31 05793805 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 05793805 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2015-09-01 2016-08-31 uk-gaap-cd-bus:Director3 2016-08-31 uk-gaap-cd-bus:Director3 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 05793805

ABERGAVENNY MOT CENTRE LIMITED

Abbreviated Accounts

31 August 2016

ABERGAVENNY MOT CENTRE LIMITED Registered Number 05793805

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	41,182	42,278
		41,182	42,278
Current assets
Stocks		97,364	41,800
Debtors		38,512	34,388
Cash at bank and in hand		114,331	113,121
		250,207	189,309
Creditors: amounts falling due within one year		(86,563)	(74,632)
Net current assets (liabilities)		163,644	114,677
Total assets less current liabilities		204,826	156,955
Provisions for liabilities		(6,000)	(5,000)
Total net assets (liabilities)		198,826	151,955
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		198,726	151,855
Shareholders' funds		198,826	151,955

For the year ending 31 August 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 8 May 2017

And signed on their behalf by:
J D Judd, Director

ABERGAVENNY MOT CENTRE LIMITED Registered Number 05793805

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Leasehold improvements 10% on cost
Fixtures, fittings & equipment 15% on net book value

2Tangible fixed assets

	£
Cost
At 1 September 2015	63,064
Additions	3,000
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	66,064
Depreciation
At 1 September 2015	20,786
Charge for the year	4,096
On disposals	-
At 31 August 2016	24,882
Net book values
At 31 August 2016	41,182
At 31 August 2015	42,278

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	J D Judd and N P Judd
Description of the transaction:	Transactiions
Balance at 1 September 2015:	£ 6,298
Advances or credits made:	-
Advances or credits repaid:	£ 1,613
Balance at 31 August 2016:	£ 4,685

During the year the company paid the directors rent totalling £12,000. The directors also reeived dividends totalling £28,300.