Abbreviated Company Accounts - ABBEY CARS (CHERTSEY) LIMITED

04830939 ABBEY CARS (CHERTSEY) LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true 04830939 2015-08-01 2016-07-31 04830939 2016-07-31 04830939 2015-07-31 04830939 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 04830939 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number 04830939

ABBEY CARS (CHERTSEY) LIMITED

Abbreviated Accounts

31 July 2016

ABBEY CARS (CHERTSEY) LIMITED Registered Number 04830939

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	31,717	36,247
Tangible assets	3	16	21
		31,733	36,268
Current assets
Debtors		1,902	1,874
Cash at bank and in hand		162	633
		2,064	2,507
Creditors: amounts falling due within one year		(3,835)	(10,128)
Net current assets (liabilities)		(1,771)	(7,621)
Total assets less current liabilities		29,962	28,647
Creditors: amounts falling due after more than one year		(75,954)	(70,826)
Total net assets (liabilities)		(45,992)	(42,179)
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		(45,993)	(42,180)
Shareholders' funds		(45,992)	(42,179)

For the year ending 31 July 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 27 April 2017

And signed on their behalf by:
Mrs L Purvis, Director

ABBEY CARS (CHERTSEY) LIMITED Registered Number 04830939

Notes to the Abbreviated Accounts for the period ended 31 July 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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery (25% reducing balance)

2Intangible fixed assets

	£
Cost
At 1 August 2015	90,607
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	90,607
Amortisation
At 1 August 2015	54,360
Charge for the year	4,530
On disposals	-
At 31 July 2016	58,890
Net book values
At 31 July 2016	31,717
At 31 July 2015	36,247

3Tangible fixed assets

	£
Cost
At 1 August 2015	683
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	683
Depreciation
At 1 August 2015	662
Charge for the year	5
On disposals	-
At 31 July 2016	667
Net book values
At 31 July 2016	16
At 31 July 2015	21

4Called Up Share Capital
Allotted, called up and fully paid:

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