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REGISTERED NUMBER: SC342953 (Scotland)










Unaudited Financial Statements

for the Year Ended 31 May 2017

for

A CAR SALES LIMITED

A CAR SALES LIMITED (REGISTERED NUMBER: SC342953)






Contents of the Financial Statements
for the Year Ended 31 May 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


A CAR SALES LIMITED

Company Information
for the Year Ended 31 May 2017







DIRECTORS: A Reid
A Reid Jnr





REGISTERED OFFICE: 17 Bridge Street
Longriggend
Airdrie
ML6 7SA





REGISTERED NUMBER: SC342953 (Scotland)





ACCOUNTANTS: WDM Associates
Oakfield House
378 Brandon Street
Motherwell
ML1 1XA

A CAR SALES LIMITED (REGISTERED NUMBER: SC342953)

Balance Sheet
31 May 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Cash in hand 718 1,258

CREDITORS
Amounts falling due within one year 3 7,000 7,540
NET CURRENT LIABILITIES (6,282 ) (6,282 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,282

)

(6,282

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (6,284 ) (6,284 )
SHAREHOLDERS' FUNDS (6,282 ) (6,282 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 14 November 2017 and were signed on its
behalf by:





A Reid - Director


A CAR SALES LIMITED (REGISTERED NUMBER: SC342953)

Notes to the Financial Statements
for the Year Ended 31 May 2017

1. STATUTORY INFORMATION

A Car Sales Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured using
tax rates and laws that have been enacted or substantively enacted by the year end and that are expected
to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Directors' current accounts 7,000 7,000
Accrued expenses - 540
7,000 7,540