REGISTERED NUMBER: 04705713 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2016

for

Abingdon Vehicle Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mrs L M Hedderly

S P Himpson

SECRETARY:

REGISTERED OFFICE:

Unit 2

Radley Road Industrial Estate

Abingdon

Oxfordshire

OX14 3RY

REGISTERED NUMBER:

04705713 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

8,319

7,382

8,319

7,382

CURRENT ASSETS

Stocks

2,111

2,093

Debtors

6,847

7,864

Cash at bank and in hand

14,202

13,008

23,160

22,965

CREDITORS

Amounts falling due within one year

28,174

34,878

NET CURRENT LIABILITIES

(5,014

)

(11,913

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,305

(4,531

)

PROVISIONS FOR LIABILITIES

1,664

1,476

NET ASSETS/(LIABILITIES)

1,641

(6,007

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

1,639

(6,009

)

SHAREHOLDERS' FUNDS

1,641

(6,007

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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 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 Board of Directors on 28 October 2016 and were signed on its behalf by:

Mrs L M Hedderly - Director

S P Himpson - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of five years.

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 reducing balance and 20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

30,000

AMORTISATION

At 1 April 2015

and 31 March 2016

30,000

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

30,090

Additions

2,824

At 31 March 2016

32,914

DEPRECIATION

At 1 April 2015

22,708

Charge for year

1,887

At 31 March 2016

24,595

NET BOOK VALUE

At 31 March 2016

8,319

At 31 March 2015

7,382

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2016 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

Date: .............................................