Abbreviated Company Accounts

06318736 A & J AUTOS LTD 2015-07-31 false 2014-08-01 2015-07-31 true 06318736 2014-08-01 2015-07-31 06318736 2015-07-31 06318736 2014-07-31 06318736 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 06318736 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 06318736

A & J AUTOS LTD

Abbreviated Accounts

31 July 2015

A & J AUTOS LTD Registered Number 06318736

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	5,384	6,730
		5,384	6,730
Current assets
Stocks		2,021	1,837
Cash at bank and in hand		2,195	3,638
		4,216	5,475
Creditors: amounts falling due within one year		(1,355)	(2,958)
Net current assets (liabilities)		2,861	2,517
Total assets less current liabilities		8,245	9,247
Provisions for liabilities		(1,105)	(1,245)
Total net assets (liabilities)		7,140	8,002
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		7,040	7,902
Shareholders' funds		7,140	8,002

For the year ending 31 July 2015 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 30 April 2016

And signed on their behalf by:
F M QURESHI, Director

A & J AUTOS LTD Registered Number 06318736

Notes to the Abbreviated Accounts for the period ended 31 July 2015

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
Turnover comprises revenue recognised by the company in respect of goods and services
supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery - 25% reducing balance method
Fixtures and fittings – 25% reducing balance method

2Tangible fixed assets

	£
Cost
At 1 August 2014	25,402
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	25,402
Depreciation
At 1 August 2014	18,672
Charge for the year	1,346
On disposals	-
At 31 July 2015	20,018
Net book values
At 31 July 2015	5,384
At 31 July 2014	6,730

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100