A & M Motorcycles Ltd |
Financial Statements for the Year Ended 30 September 2017 |
A & M Motorcycles Ltd |
Financial Statements for the Year Ended 30 September 2017 |
A & M Motorcycles Ltd (Registered number: 04970983) |
Contents of the Financial Statements |
for the year ended 30 September 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
A & M Motorcycles Ltd |
Company Information |
for the year ended 30 September 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Red Sky House |
Fairclough Hall, Halls Green |
Weston |
Hertfordshire |
SG4 7DP |
A & M Motorcycles Ltd (Registered number: 04970983) |
Balance Sheet |
30 September 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Revaluation reserve | 8 | ( |
) | ( |
) |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
A & M Motorcycles Ltd (Registered number: 04970983) |
Balance Sheet - continued |
30 September 2017 |
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 behalf by: |
A & M Motorcycles Ltd (Registered number: 04970983) |
Notes to the Financial Statements |
for the year ended 30 September 2017 |
1. | STATUTORY INFORMATION |
A & M Motorcycles Ltd is a |
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 |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are |
measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Long leasehold | - |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the |
company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
A & M Motorcycles Ltd (Registered number: 04970983) |
Notes to the Financial Statements - continued |
for the year ended 30 September 2017 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
At 1 October 2016 |
and 30 September 2017 |
AMORTISATION |
At 1 October 2016 |
and 30 September 2017 |
NET BOOK VALUE |
At 30 September 2017 |
At 30 September 2016 |
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Long | Plant and | and |
leasehold | machinery | fittings |
£ | £ | £ |
COST |
At 1 October 2016 |
Additions |
At 30 September 2017 |
DEPRECIATION |
At 1 October 2016 |
Charge for year |
At 30 September 2017 |
NET BOOK VALUE |
At 30 September 2017 |
At 30 September 2016 |
A & M Motorcycles Ltd (Registered number: 04970983) |
Notes to the Financial Statements - continued |
for the year ended 30 September 2017 |
5. | TANGIBLE FIXED ASSETS - continued |
Motor | Computer |
vehicles | equipment | Totals |
£ | £ | £ |
COST |
At 1 October 2016 |
Additions |
At 30 September 2017 |
DEPRECIATION |
At 1 October 2016 |
Charge for year |
At 30 September 2017 |
NET BOOK VALUE |
At 30 September 2017 |
At 30 September 2016 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Amounts owed by associates |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Corporation tax |
PAYE |
VAT |
Loan - P Oates |
Directors' current accounts |
Accrued expenses |
8. | RESERVES |
Revaluation |
reserve |
£ |
At 1 October 2016 |
and 30 September 2017 | ( |
) |