REGISTERED NUMBER: 03444637 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

FOR

A & P COLE CAR SALES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr A Cole

Mrs P N Cole

Mrs J E Glover

Mr A Glover

SECRETARY:

Mrs P N Cole

REGISTERED OFFICE:

Miry Lane

Wigan

Lancashire

WN3 4AF

REGISTERED NUMBER:

03444637 (England and Wales)

ACCOUNTANTS:

Fairhurst

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

BANKERS:

Barclays Bank PLC

1 Railway Road

Leigh

Lancashire

WN7 4AB

CURRENT ASSETS

Stocks

-

506,340

Debtors

2

553,000

58,935

Cash at bank and in hand

10,734

253,911

563,734

819,186

CREDITORS

Amounts falling due within one year

3

3,209

97,495

NET CURRENT ASSETS

560,525

721,691

TOTAL ASSETS LESS CURRENT LIABILITIES

560,525

721,691

CAPITAL AND RESERVES

Called up share capital

4

2

2

Capital redemption reserve

1

1

Profit and loss account

560,522

721,688

SHAREHOLDERS' FUNDS

560,525

721,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 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 21 December 2015 and were signed on its behalf by:

Mr A Cole - 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 April 2008).

Turnover

Turnover represents the net invoice value of vehicles sold, excluding value added tax.

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.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 553,000

3.

CREDITORS

Creditors include an amount of £ 900 (2014 - £ 24,835 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

20

Ordinary

£0.10

2

2