Registered Number 03790271

EURO LINK CARS LIMITED

Abbreviated Accounts

31 August 2014

EURO LINK CARS LIMITED Registered Number 03790271

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 19 22
19 22
Current assets
Debtors 4,113 5,913
Cash at bank and in hand 1,380 2,231
5,493 8,144
Creditors: amounts falling due within one year (3,587) (4,910)
Net current assets (liabilities) 1,906 3,234
Total assets less current liabilities 1,925 3,256
Total net assets (liabilities) 1,925 3,256
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 1,923 3,254
Shareholders' funds 1,925 3,256
  • For the year ending 31 August 2014 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 23 June 2015

And signed on their behalf by:
A H Rafeeq, Director

EURO LINK CARS LIMITED Registered Number 03790271

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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 April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Fixtures, Fittings & Equipment - 15% straight line method

2Tangible fixed assets
£
Cost
At 1 September 2013 131
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 131
Depreciation
At 1 September 2013 109
Charge for the year 3
On disposals -
At 31 August 2014 112
Net book values
At 31 August 2014 19
At 31 August 2013 22
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
2 Ordinary shares of £1 each 2 2

4Transactions with directors

Name of director receiving advance or credit: A H Rafeeq
Description of the transaction: Director's current account
Balance at 1 September 2013: £ 0
Advances or credits made: £ 1,743
Advances or credits repaid: -
Balance at 31 August 2014: £ 1,743

The company was under the control of A H Rafeeq throughout the current and previous year. A H Rafeeq is the managing director and majority shareholder. Included in other creditors, is a balance of £1,743 (2013- Nil) owed to him by the company.

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.